Research on influencing factors of carbon information disclosure quality in China's power industry.

High-quality carbon information disclosure is required with the development of China's national carbon emission trading market. It is still controversial what factors influence carbon information disclosure quality in China's power industry. This paper involved four factors: government regulation, media reports, enterprise size, and directors' professional backgrounds based on strategic change theory. The carbon information disclosure quality was measured using the analytic hierarchy process (APH) and entropy weight method (EWM). Then, panel data regression was used to analyze the relationship between the factors and carbon information disclosure quality. The results showed that (1) the quantity of media reports has no significant correlation with carbon information disclosure quality. (2) The proportion of directors with legal backgrounds to all directors is significantly and negatively correlated with carbon information disclosure quality. (3) Government regulation, the media value orientation, enterprise size, and the proportion of directors with accounting backgrounds to all directors are significantly and positively related to the carbon information disclosure quality. [ABSTRACT FROM AUTHOR]