Carbon management accounting and financial performance: Evidence from the European Union emission trading system
研究了欧盟排放交易体系下碳管理会计对财务绩效的影响，基于350家欧洲公司数据发现碳管理会计控制对财务绩效有积极作用，但参与排放交易与否未显著影响该关系。
Abstract Companies are responding to the effects of climate change by reducing CO 2 emissions as a way of managing stakeholder interests and complying with legal and regulatory requirements. In Europe, the emissions trading system is consolidated as a limiting market and control scheme to support business climate change management through a collaborative relationship between government and industry. This work focuses on the economic accounting field, analysing carbon management accounting and its impact on financial performance in scenarios attached to that trading system. The methodological approach used is quantitative, empirically testing the hypotheses through a multiple regression analysis with a sample of 350 European companies. The results attest to the importance of carbon management accounting (CMA) control and its effects on financial performance. Compared with European emission trading, the results failed to display significant differences in the relationship studied between those that make up this type of market and those that do not.