Carbon Discourse, Climate Governance, and Audit Fees

This chapter provides readers with empirical evidence on whether the audit fees would be affected by the firms’ carbon disclosure. The findings show that firms disclosing carbon emission information can significantly reduce audit fees. Further analysis reveals that the state-owned firms’ disclosure of carbon emissions has a more significant impact on audit fees than non-state-owned firms. In addition, the following industries drive the primary results: scientific research and technology services and metal, nonmetal, and machinery.