Keywords: Greenwashing risk
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Journal Articles
Journal Articles
International Journal of Climate Change Strategies and Management (2026) 18 (1): 1–19.
Published: 15 December 2025
... design. Mechanism tests show that the policy reduces quantitative disclosure, heightening information asymmetry and thereby intensifying opportunistic reporting. Findings This study finds that carbon trading increases firms’ greenwashing risk by about 6.9%, with the effect emerging two years after...

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