Published in:
Managerial and Decision Economics, 44 (2023) 1, Seite 663-670
Language:
English
DOI:
10.1002/mde.3706
ISSN:
1099-1468;
0143-6570
Origination:
Footnote:
Description:
The paper detects the association between carbon performance (CP) and corporate financial performance (CFP) and the moderating role of consumer awareness (CA) of corporate social responsibility (CSR). We find that CP has consistent positive impacts on CFP in the short and long term, whereas CA has opposite moderating effects on CFP. These results indicate that companies should increase corporate value by improving CP. In addition, improving CA of CSR is an effective way to promote CFP.