Exploiting the enforcement of the “Golden Tax-III” project in China as an exogenous variation in the tax monitoring faced by firms, this paper studies the effect of tax enforcement on corporate information disclosure quality. Our difference-in-differences estimates show that, an increase in...

The initial allocation of carbon emission rights among different generating units is an important element in the initial stage of the construction of the carbon emission market for the power system, and is also the focus of attention in the construction of the current carbon market for the power...