Author(s)

Yu Ran ¹, Zhuotao Li ¹, Dan Wang ¹

Affiliation(s)

¹ School of Accounting, GuizhouUniversity of Finance and Economics, Guiyang, 550025, China

Corresponding Author

Dan Wang

ABSTRACT

This paper examines the impact of patient capital on the climate transition risk disclosure of energy companies and its mechanism of action, using Chinese A-share listed energy companies from 2015 to 2023. It is found that patient capital can significantly improve the level of climate transition risk disclosure of energy companies, and the conclusion still holds after a series of robustness tests. Further mechanism analysis shows that patient capital plays a positive role through two pathways: optimizing internal governance and strengthening external monitoring.

KEYWORDS

Patience Capital; Energy Companies; Climate Transition Risk Disclosure; Internal Governance; External Oversight

CITE THIS PAPER

Yu Ran, Zhuotao Li, Dan Wang, A Study of the Effect of Patient Capital on Climate Transition Risk Disclosure by Energy Companies. Accounting and Corporate Management (2025) Vol. 7: 1-8. DOI: http://dx.doi.org/10.23977/acccm.2025.070301.

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