2021
DOI: 10.3389/fpsyg.2021.787201
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Government Regulation, Executive Overconfidence, and Carbon Information Disclosure: Evidence From China

Abstract: Climate change has put countries around the world under great pressure to reduce greenhouse gas emissions. Chinese government has proposed that China will strive to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060. A low-carbon lifestyle is becoming a new trend in China. Therefore, the products of firms that actively respond to climate change are more popular for consumers in China. In the Internet era, the carbon information disclosed by firms has become an important way for… Show more

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Cited by 7 publications
(12 citation statements)
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“…Scholars have proven that overconfidence can promote the innovation activities of enterprises [12]. It has been recognized that overconfident executives have optimistic and aggressive proactive personalities and are more willing to take risks and perform activities with high investment, high risk, and high uncertainty [13]. Given this, our study extends executive overconfidence to the research category of environmental innovation.…”
Section: Introductionmentioning
confidence: 83%
“…Scholars have proven that overconfidence can promote the innovation activities of enterprises [12]. It has been recognized that overconfident executives have optimistic and aggressive proactive personalities and are more willing to take risks and perform activities with high investment, high risk, and high uncertainty [13]. Given this, our study extends executive overconfidence to the research category of environmental innovation.…”
Section: Introductionmentioning
confidence: 83%
“…The need for social responsibility caused by sustainable development has reshaped the development concept of all countries. China is the second largest economy in the world and plays an important role in green development and other aspects (He et al, 2021). In September 2020, at the 75th session of the United Nations General Assembly, China made a solemn commitment to the world to reach a “carbon peak” by 2030 and strive for “carbon neutrality” by 2060.…”
Section: Introductionmentioning
confidence: 99%
“…In deteriorating living environments, there is a global consensus to curb greenhouse gas emissions and achieve the sustainable development of human beings. Most countries believe that a low-carbon economy is an effective solution to the problem of climate change and has become the development trend of the current global economy ( Ionescu, 2021 ; He et al, 2022 ).…”
Section: Introductionmentioning
confidence: 99%
“…As one of the largest carbon emitters in the world, China is also a participant in constructing a global ecological civilization and actively demonstrates its responsibility as a major country in the global carbon reduction course ( He et al, 2022 ). In 2015, at the Paris Climate Conference, China committed to reduce carbon emissions per unit of GDP by 60%–65% from 2005 to 2030 ( Tollefson, 2016 ).…”
Section: Introductionmentioning
confidence: 99%
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