Does Corporate Climate Risk Information Disclosure Increase Audit Fees? ——An Empirical Study Based on Chinese Listed Companies
企業の気候リスク情報開示は監査報酬を増加させるか？——中国上場企業に基づく実証研究 (AI 翻訳)
Xiang Hou
🤖 gxceed AI 要約
日本語
2009年から2024年の中国A株上場企業を対象に、気候リスク情報開示が監査報酬に与える影響を実証分析。開示水準は監査報酬と有意に正の相関があり、メディア注目を媒介して影響を与える。情報非対称性が大きいほど効果が強く、非国有企業や非重汚染産業、非Big4監査人で顕著。
English
Using A-share Chinese listed companies from 2009-2024, this study finds that climate risk disclosure is positively associated with audit fees, mediated by media attention. The effect is stronger under high information asymmetry, in non-state-owned enterprises, non-heavy polluting industries, and when auditors are non-Big Four.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
日本でもSSBJ基準に基づく気候関連開示が進む中、開示が監査コストに与える影響を示唆する点で参考になる。ただし企業属性や監査人の違いによる効果の差異は、日本の文脈での追加検証が必要。
In the global GX context
This paper provides empirical evidence on the unintended cost implications of climate disclosure mandates, relevant for regulators and firms implementing TCFD/ISSB standards globally. It highlights how disclosure quality can influence audit pricing, a consideration for corporate disclosure strategies.
👥 読者別の含意
🔬研究者:Offers empirical evidence on the economic consequences of climate risk disclosure, specifically its impact on audit fees and the mediating role of media attention.
🏢実務担当者:Suggests that firms should anticipate increased audit costs when enhancing climate risk disclosure, especially under high information asymmetry.
🏛政策担当者:Indicates that mandatory climate disclosure may lead to higher audit fees, which could affect firm compliance costs and market dynamics.
📄 Abstract（原文）
This paper takes A-share listed companies on the Shanghai and Shenzhen Stock Exchanges from 2009 to 2024 as the research sample to empirically examine the impact of climate risk information disclosure on audit fees and its underlying mechanism. The results show that the level of corporate climate risk information disclosure is significantly and positively correlated with audit fees. Climate risk information disclosure drives up audit fees by raising media attention. The higher the degree of information asymmetry, the stronger the positive impact of climate risk information disclosure on audit fees. Compared with state-owned enterprises, the positive impact of climate risk information disclosure on audit fees is more pronounced in non-state-owned enterprises. The above relationship is more significant in non-heavy polluting industries and when the auditors are non-Big Four accounting firms. The conclusions of this paper enrich the relevant research on the economic consequences of climate risk information disclosure and the influencing factors of audit fees, and also provide empirical evidence for understanding the transmission path through which climate risk information disclosure affects audit fees.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.54097/r0c1nt89first seen 2026-06-29 08:13:10
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gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。