scholarly journals Will environmental information disclosure bring economic inflow to enterprises? —— Based on the investigation of audit fees

2020 ◽  
Vol 185 ◽  
pp. 02012
Author(s):  
Ping Chen
Keyword(s):  
Environmental Protection ◽  
Information Disclosure ◽  
Alternative Energy ◽  
Audit Fees ◽  
Development Trend ◽  
Environmental Information ◽  
Development Mode ◽  
Positive Effects ◽  
Cost Of Energy ◽  
Environmental Information Disclosure

With the gradual deterioration of climate and environment, countries are becoming increasingly vigilant and repulsive to the economic development mode at the cost of energy consumption. It has become a new development trend to seek new alternative energy sources and pursue green and environment-friendly sustainable development mode. Environmental protection behaviors are generally considered to have positive external effects. This paper examines whether the environmental protection behaviors of A listed company have positive effects on the company based on the data related to environmental information disclosure from 2014 to 2017, and also examines the attitude of external supervision represented by independent auditing towards the company’s environmental protection behaviors. It is enlightening to encourage listed companies to save energy and protect the environment.

scholarly journals Information Disclosure in Environmental Risk Management: Developments in China

2011 ◽  
Vol 40 (3) ◽  
pp. 163-192 ◽  
Author(s):  
Arthur P. J. Mol ◽  
Guizhen He ◽  
Lei Zhang
Keyword(s):  
Risk Management ◽  
Environmental Protection ◽  
Environmental Risk ◽  
Information Disclosure ◽  
Environmental Information ◽  
Environmental Risk Management ◽  
Environmental Disasters ◽  
Environmental Information Disclosure ◽  
New Policies ◽  
Environmental Agencies

Entering the twenty-first century, China has been the site of many serious environmental disasters and accidents. These have strengthened the call for the establishment of an environmental risk management system and for the development of new policies to effectively manage risk. Among the new policies in China's environmental risk management strategy are pollution insurance and information disclosure. This paper explores information disclosure policies through the implementation of the Environmental Information Disclosure Decree by governmental authorities and companies. In both 2008 and 2010, we reviewed the websites of the Ministry of Environmental Protection and all 31 provincial Environmental Protection Bureaus, conducted experiments in requesting information disclosure, and held interviews with all provincial Environmental Protection Bureaus. We conclude that the implementation of the Environmental Information Disclosure Decree is improving but still far from widespread, full and effective. The lack of enforcement and the ambiguity of some clauses in the decree give provincial environmental agencies great discretion to avoid disclosure and discourages enforcement of company environmental information disclosure. Implementation shortcomings of the decree are also related to the longstanding closeness, secrecy and monopoly of information in China's political system.

scholarly journals Impact of Environmental Information Disclosure on Certified Public Accountant Audit of Chinese Listed Companies in the Energy Industry

2020 ◽  
Vol 5 (2) ◽  
pp. 377-390
Author(s):  
Dawei Xue ◽  
Jiashan Wang ◽  
Zhiwei Zhu
Keyword(s):  
Information Disclosure ◽  
Audit Fees ◽  
Listed Companies ◽  
Environmental Information ◽  
Energy Industry ◽  
Certified Public Accountant ◽  
Chinese Listed Companies ◽  
Environmental Information Disclosure ◽  
Audit Opinions ◽  
The Impact

AbstractThis paper sets up an individual fixed-effect model. Taking environmental information disclosure index and independent report as an alternative to environmental information disclosure, this paper studies the impact of environmental information disclosure on Certified Public Accountants’ audit fees and audit opinions. The results show that the environmental information disclosure level of the Chinese listed companies in the energy industry is positively correlated with the audit fees of CPA, and negatively correlated with the issuance of non-standard audit opinions, but whether the disclosure of independent reports has no significant impact on audit fees.

scholarly journals Greenwashing of Local Government: The Human-Caused Risks in the Process of Environmental Information Disclosure in China

2020 ◽  
Vol 12 (16) ◽  
pp. 6329 ◽  
Author(s):  
Yanhong Tang ◽  
Rui Yang ◽  
Yingwen Chen ◽  
Mengjin Du ◽  
Yichen Yang ◽  
...  
Keyword(s):  
Local Government ◽  
Human Factors ◽  
Environmental Protection ◽  
Information Disclosure ◽  
Environmental Governance ◽  
Process Analysis ◽  
Environmental Information ◽  
Close Relationship ◽  
Environmental Information Disclosure ◽  
Research Gap

The increasing occurrences of greenwashing pose great risks to environmental protection. The current studies mainly focused on corporate greenwashing, and few paid attention to the greenwashing of the local government (GLG), thus lacking methods to identify the risks of forming the GLG and finding practicable countermeasures. This paper tries to fill the research gap in the study of the GLG by analyzing human factors. Given that the GLG is in close relationship with environmental governance pressures related to environmental information disclosure (EID), this paper attempts to analyze the human-caused risks of forming the GLG in the process of EID. This work focused on the process analysis, examined the human causes that form the GLG in the stages of collecting, medium, and disseminating of environmental information (EI), and offered countermeasures embedded with resilience accordingly.

scholarly journals Environmental Information Disclosure and Auditing of Listed Companies in Heavy Pollution Industries

2020 ◽  
Vol 185 ◽  
pp. 02018
Author(s):  
Shi Xiao
Keyword(s):  
Information Disclosure ◽  
Audit Fees ◽  
Listed Companies ◽  
Environmental Information ◽  
Financial Statement ◽  
Related Information ◽  
Environmental Information Disclosure ◽  
Heavy Pollution ◽  
Audit Opinions ◽  
The Impact

Concentrating on environmental issues in financial statement auditing is the main way for auditors to fulfill their environmental protection responsibilities. By studying the impact of environmental information disclosure on audit fees and audit opinions, we can infer how closely the auditors focus on environmental matters to some extent. In this paper, listed companies with serious pollution in A-share market in China from 2014 to 2019 are selected as research samples to explore the correlation among environmental-related information disclosure, audit fees and audit opinions. Through empirical analysis, it is found that the level of environmental information disclosure of listed companies in heavily polluted industries is positively correlated with the audit fees, and negatively correlated with the publication of non-standard audit opinions.

scholarly journals Right to Access to Information and the Issue of Ensuring Environmental Security in Vietnam

2021 ◽  
Vol 1 (4) ◽  
pp. 43-48
Author(s):  
Luu Quoc Thai
Keyword(s):  
Environmental Protection ◽  
Information Disclosure ◽  
Environmental Information ◽  
Environmental Security ◽  
Access To Information ◽  
Global Issue ◽  
Environmental Information Disclosure ◽  
The Law ◽  
The Right ◽  
Near Future

— In the present day, environmental security is a global issue. For this reason, Vietnam has also formally stipulated the issue of “environmental security” in the Law on Environmental protection 2014. One of the important requirements for effective environmental protection, ensuring environmental security is the effective implementation of information publicization as well as the right to access to information related to environment of people in a society. However, in the Vietnamese Law on Environmental Protection 2020 (effective from January 1, 2022 replacing the Law on Environmental Protection 2014), the concept of “environmental security” no longer exists and many regulations on Environmental information disclosure has also been changed. This raises doubts about the ability to access information to protect environmental security in the near future. Therefore, this article will analyze the provisions of current Vietnamese Environment law on the issue of access to information in relation to ensuring environmental security in Vietnam. At the same time, the article also provides a preliminary assessment of relevant new regulations to contribute to the improvement of the law on access to environmental information in Vietnam.

scholarly journals Evaluation of Environmental Information Disclosure of Listed Companies in China’s Heavy Pollution Industries: A Text Mining-Based Methodology

2021 ◽  
Vol 13 (10) ◽  
pp. 5415
Author(s):  
Rongjiang Cai ◽  
Tao Lv ◽  
Xu Deng
Keyword(s):  
Text Mining ◽  
Information Disclosure ◽  
Listed Companies ◽  
Environmental Information ◽  
Evaluation Framework ◽  
Scoring Method ◽  
Study Results ◽  
Environmental Information Disclosure ◽  
Heavy Pollution

Environmental information disclosure (EID) of listed companies is a significant and essential reference for assessing their environmental protection commitment. However, the content and form of EID are complex, and previous assessment studies involved manual scoring mainly by the experts in this field. It is subjective and has low timeliness. Therefore, this paper proposes an automatic evaluation framework of EID quality based on text mining (TM), including the EID index system’s construction, automatic scoring of environmental information disclosure quality, and EID index calculation. Furthermore, based on the EID of 801 listed companies in China’s heavy pollution industry from 2013 to 2017, case studies are conducted. The case study results show that the overall quality of the EID of listed companies in China’s heavily polluting industries is low, and there is a gap differentiation between the 16 industries. Compared with the subjective manual scoring method, TM evaluation can evaluate the quality of EID more effectively and accurately. It has great potential and can become an essential tool for the sustainable development of society and listed companies.

Analysing and evaluating environmental information disclosure in universities: the role of corporate governance, stakeholders and culture

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jesús Mauricio Flórez-Parra ◽  
Maria Victoria Lopez-Perez ◽  
Antonio M. López Hernández ◽  
Raquel Garde Sánchez
Keyword(s):  
Information Disclosure ◽  
Stakeholder Participation ◽  
Environmental Information ◽  
Content Type ◽  
Environmental Actions ◽  
Determining Factors ◽  
Environmental Information Disclosure ◽  
Internal And External Factors ◽  
The University

Purpose The purpose of this paper is to analyse the internal and external factors related to the disclosure of environmental information in universities which reflect the actions carried out in these universities. Design/methodology/approach Taking as reference the first 200 universities in the Shanghai ranking, several factors associated with the degree of environmental information disclosure in universities – governance dimension, the relationship and participation of stakeholders, position and prestige as signs of the quality of the institution and cultural concern in the university’s country for the environment – are analysed. Findings The results obtained show that the size of the leadership team, stakeholder participation, the position of the university in rankings and cultural concern in the university’s country for the environment are determining factors in the university’s environmental actions and, consequently, in their disclosure. Other factors – such as the size of the university, the level of self-financing and financial autonomy – do not affect the disclosure of environmental information. Originality/value Scant research exists on the environmental commitments of universities; this paper aims to fill that gap. Their role as the main channel of research and as instructors of future professionals makes them points of reference in society. Research on university ranking has traditionally focussed on teaching and research results, but environmental issues are becoming increasingly important. This paper enumerates the factors that influence the dissemination of environmental information in the most prestigious universities. This research also provides an original approach by considering not only top-down but also bottom-up strategies through communication channels and the incidence of cultural factors.

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