Testing the impact of environmental taxation and IFRS adoption on consumption‐based carbon in European countries

Dublin Core

Title

Testing the impact of environmental taxation and IFRS adoption on consumption‐based carbon in European countries

Creator

Ahmed Samour, Mohammed Musah, Sagiru Mati, Fethi Amri

Description

Several governance regulations have been adopted in European countries to promote environmental sustainability, such as environmental taxation and environmental disclosures in financial reports. In this context, this paper examines the linkage between environmental taxation, International Financial Reporting Standards (IFRS), and environmental sustainability in European countries from 1994 to 2018. Unlike earlier empirical studies, the present work is the first to assess the impact of environmental taxation and IFRS adoption on consumption-based carbon emissions. In order to yield valid and reliable outcomes, the modern econometric method that is vigorous to cross-sectional dependence and slope heterogeneity was employed. Likewise, the study uses the novel method of moment quantile regressions (MMQR). The MMQR outcomes illustrated that environmental taxation significantly negatively affects …

Publisher

Springer Berlin Heidelberg

Date

2024

Source

https://scholar.google.com/citations?view_op=view_citation&hl=en&user=-U-tBVYAAAAJ&cstart=20&pagesize=80&citation_for_view=-U-tBVYAAAAJ:RHpTSmoSYBkC

Language

English