Does ownership structure impact carbon performance and reporting? A literature review and a research agenda
Publikation: Beiträge in Zeitschriften › Übersichtsarbeiten › Forschung
Authors
Purpose – This study aims to focus on the impact of ownership structure on carbon performance and reporting. Design/methodology/approach – Using a multi-theoretical framework, 47 archival studies that focused on the impact of institutional, family, foreign, state, managerial and concentrated ownership (blockholding) on corporate carbon outcomes were reviewed. Findings – Institutional ownership, the most prominent ownership dimension, was found to be positively related to carbon reporting and performance, which aligns with stakeholder theory. Particularly, sustainable institutional investors positively relate to carbon outcomes. In line with legitimacy theory, other ownership categories’ link to carbon reporting and performance was found only in a few studies with inconclusive results. Originality/value – Compared to the former broader reviews on corporate governance and carbon, this literature review focused on the relationship between various ownership and corporate carbon attributes. Previous reviews summarized the overall determinants of carbon reporting and performance, neglecting ownership’s heterogeneous impact. Among other recommendations, future research should address the impact of institutional ownership heterogeneity on carbon outputs in detail and include board governance as a moderator of this relationship.
| Originalsprache | Englisch |
|---|---|
| Zeitschrift | Accounting Research Journal |
| Jahrgang | 38 |
| Ausgabenummer | 3-4 |
| Seiten (von - bis) | 443-473 |
| Anzahl der Seiten | 31 |
| ISSN | 1030-9616 |
| DOIs | |
| Publikationsstatus | Erschienen - 09.2025 |
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- SDG 13 – Klimaschutzmaßnahmen
