Le Luo is an associate professor in the Department of Accounting and Corporate Governance at Macquarie University. Her research interests predominantly lie in corporate sustainability and carbon accounting, with a focus on the impact of environmental regulations on business carbon practices and capital markets. She has authored two book chapters and over 50 academic papers in prestigious journals. Hongtao Shen is an accounting professor in the Management School at Jinan University. She is an associate editor of the Sustainability Accounting, Management and Policy journal. She is engaged in environmental accounting and sustainability management research and has authored three books and published more than 80 papers in prestigious Chinese and English journals. Yankun Zhou is a postdoctoral fellow at the Business School of Beijing Technology and Business University, specializing in corporate environmental governance, corporate sustainable information disclosure, and sustainable supply chains. She has authored over 10 papers published in prestigious Chinese and English journals.