碳风险和贸易信用

IF 5.6 2区经济学 Q1 BUSINESS, FINANCE

International Review of Economics & Finance Pub Date : 2025-07-11 DOI:10.1016/j.iref.2025.104425

Hamdi Ben-Nasr , Shadin Masry , Abdullah-Al Masum , Zeineb Ouni

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引用次数: 0

摘要

我们对美国上市公司的研究表明，高碳风险会阻碍公司获得贸易信用的能力。这种负面影响主要通过公司的业绩波动、信誉和信息不对称来传达。此外，一家公司的负面环境形象，如其排放类别的行业分类，可能会加剧这一问题。然而，企业的环境责任和良好的内部治理可以帮助减轻负面影响。这项研究为决策者和企业提供了有价值的见解，强调了解决碳风险的重要性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Carbon risk and trade credit

Our study, focusing on US-listed companies, reveals that high carbon risk can hinder a company's ability to obtain trade credit. This negative impact is channeled primarily via a company's performance volatility, creditworthiness, and information asymmetry. Additionally, a company's negative environmental image, such as its emitter-category industry classification, can exacerbate the issue. However, corporate environmental responsibility and good internal governance can assist in mitigating the negative impact. This research offers valuable insights for policymakers and corporations, underscoring the significance of addressing carbon risk.

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来源期刊

International Review of Economics & Finance Multiple-

CiteScore

7.30

自引率

2.20%

发文量

253

期刊介绍： The International Review of Economics & Finance (IREF) is a scholarly journal devoted to the publication of high quality theoretical and empirical articles in all areas of international economics, macroeconomics and financial economics. Contributions that facilitate the communications between the real and the financial sectors of the economy are of particular interest.