Public Sector Accounting and Budgeting

Public Sector Accounting and Budgeting

Identification of obstacles to voluntary disclosure of carbon in financial reporting of companies admitted to the Tehran Stock Exchange

Document Type : Original Article

Authors
Keysan Falahati 1
Seyyad Ahmad Mousavi 2
1 M. A. student in Accounting, Raja University, Qazvin, Iran
2 Assistant Professor of Accounting, Raja University, Qazvin, Iran
10.22034/psab.2023.192622
Abstract
Investigations show that information related to carbon is not disclosed in our country and it is predicted that this issue is due to challenges and obstacles that prevent the realization of this goal. This issue has been a deep gap among related researchers, and the present research is important and necessary to pay attention to this research gap. In this regard, the aim of the current research is to identify the obstacles to voluntary disclosure of carbon in the financial reporting of companies listed to the Tehran Stock Exchange in 2023. The research was applied in terms of purpose and descriptive-survey based on quantitative data. Library and field methods were used to collect information in this research. The statistical population of this research is the managers of the companies admitted to the Tehran Stock Exchange. Based on the findings, finally 16 variables of legal, infrastructural, individual and organizational factors were identified. The variable "Penalty for companies for not voluntarily disclosing carbon" from the criterion of legal factors has the highest score in terms of importance with an average of 3.8. Also, the variable "participation in carbon emission disclosure programs" with an average of 3.42 from the criterion items of infrastructural factors, the variable "emphasis of institutional investors on voluntary carbon disclosure" from the criterion items of individual factors with an average of 3.62 and the variable "understanding the economic consequences of voluntary carbon disclosure" Among the standard items, organizational factors with an average of 3.6 have the highest score in terms of importance.
Keywords
Voluntary carbon disclosure
Financial reporting
Tehran stock exchange

Subjects

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  • Receive Date 27 September 2023
  • Revise Date 30 November 2023
  • Accept Date 29 December 2023