Conference Programme
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available). Note that the schedule is subject to changes.
|
Daily Overview |
| Session | |
|
Parallel with Discussants 3: AI & Technology in Climate Accountability Location: Seminar Room 6 (Level 2) Session Chair: Yun LOU, Singapore Management University | |
    | |
Strategic Environmental Deception Xiamen University, China, People's Republic of This study examines firms’ strategic use of deceptive environmental disclosures to obscure their true environmental risks and secure capital market benefits. Utilizing a novel measure that captures deceptive linguistic cues, we find that firms with higher pollution levels tend to engage in more environmental deception. This tendency is especially pronounced among firms with stronger profitability and higher growth prospects, consistent with our theoretical framework. Empirical analysis shows that such deceptive disclosure strategies are associated with short-term increases in market returns, green fund inflows, and improved ESG ratings. However, these advantages tend to fade as investors acquire more accurate information over time. | |