Oil price uncertainty and carbon management system quality

The aim of this study is to examine the relationship between oil price uncertainty and Carbon Management System (CMS) quality. The empirical results show that the oil price uncertainty has a positive and significant impact on the CMS. •The oil price uncertainty is an important factor that affects co...

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Bibliographic Details
Published in:Economics letters 2023-03, Vol.224, p.111010, Article 111010
Main Authors: Bugshan, Abdullah, Elsayih, Jibriel
Format: Article
Language:English
Subjects:
Carbon accounting
Carbon emissions
Carbon management system quality
Oil price uncertainty
Oil price volatility
Citations: Items that this one cites
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Summary:The aim of this study is to examine the relationship between oil price uncertainty and Carbon Management System (CMS) quality. The empirical results show that the oil price uncertainty has a positive and significant impact on the CMS. •The oil price uncertainty is an important factor that affects corporate decisions.•The study examines the relationship between oil price volatility and corporate carbon management system.•The study found that firms improve their overall carbon management system in response to oil price volatility.•Firms use the carbon management system as a tool to reduce the information asymmetry between the firm and external stakeholders.
ISSN:0165-1765
1873-7374
DOI:10.1016/j.econlet.2023.111010