scholarly journals DISCLOSURE OF ENVIRONMENTAL INFORMATION FOR THE EXAMPLE OF BULGARIAN THERMAL POWER PLANTS

2018 ◽  
Vol 6 ◽  
pp. 333-337
Author(s):  
Tsvetomir L. Manolov
Keyword(s):  
Environmental Performance ◽  
Information Disclosure ◽  
Power Plants ◽  
Thermal Power ◽  
Financial Statements ◽  
Environmental Information ◽  
Thermal Power Plants ◽  
Qualitative Information ◽  
Environmental Information Disclosure ◽  
Environmental Performance Assessment

Growing pressure on businesses to disclose environmental information also implies an increase in the volume of such disclosures. This article is an attempt to present the guidelines and to assess the levels of environmental information disclosure in Bulgaria.Companies, which were identified as the most responsible for air pollution, are thermal power plants. We have studied only these, which produce electricity. A checklist, containing 17 environmental performance assessment criteria, was developed and was completed based on the information, disclosed in the companies' annual financial statements, their activity reports and their websites. Based on a comparative analysis of the quantitative and qualitative information, disclosed by examined companies, we discovered that most companies disclose quantity environmental information, largely neglecting qualitive information. Taking into account the character of their activity, they should disclose more environmental information, especially qualitive information.

scholarly journals THE FACTORS AFFECTING THE ENVIRONMENTAL INFORMATION REPORTING OF LISTED COMPANIES IN VIETNAM

2020 ◽  
Vol 37 (01) ◽  
Author(s):  
NGUYEN THI MAI HUONG ◽  
NGUYEN THI KIM TUYEN ◽  
DO KHANH LY
Keyword(s):  
Research And Development ◽  
Environmental Performance ◽  
Information Disclosure ◽  
Financial Statements ◽  
Environmental Information ◽  
Factors Affecting ◽  
Information Reporting ◽  
Environmental Information Disclosure ◽  
Resource Ownership ◽  
Real Value

The success of many organizations depends on the level of resource ownership, the real value of the expertise, the research and development activities, the interaction with the environment and society where they operate ... Thus, the description of resources according to the traditional expression of financial statements (FS) of Vietnamese enterprises has not met the demand of using information of stakeholders in the integration trend. Therefore, the paper is designed to analyze the factors affecting environmental information disclosure and propose solutions to enhance the responsibility for environmental performance, to meet the compliance with international practices and increasing the transparency of the stock market in Vietnam in the spirit of Circular 155/2015 / TT-BTC of listed enterprises.

scholarly journals The Effects of Environmental Performance and Environmental Information Disclosure on Financial Performance in Companies Listed on the Indonesia Stock Exchange

2019 ◽  
Vol 7 (11) ◽  
pp. 67-77
Author(s):  
Mikial Msy
Keyword(s):  
Financial Performance ◽  
Environmental Performance ◽  
Information Disclosure ◽  
Stock Exchange ◽  
Environmental Information ◽  
Global Reporting Initiative ◽  
Sustainability Disclosure ◽  
Environmental Information Disclosure ◽  
The Cost ◽  
Sustainability Report

The objective of this study was to examine the effects of environmental performance and environmental information disclosure on financial performance in companies listed on the Indonesia Stock Exchange. The population in this study amounted to 20 companies listed on the Indonesia Stock Exchange, issued an Annual Report and Sustainability Report and included in the Sustainability Disclosure Database of the Global Reporting Initiative (GRI). The data used in the form of secondary data obtained from annual reports and sustainability reports of companies listed on the Indonesia Stock Exchange from 2013 to 2016. The numbers of observations in this study were 80. The analysis technique used was Partial Least Square (PLS). The novelty in this study is to measure environmental performance based on outcomes, namely environmental costs incurred by the company rather than compliance with regulations. The cost of a well-managed environment will improve environmental performance because there are efficient use of resources. The results of this study indicate that eenvironmental performance has no significant effect on financial performance, environmental information disclosure has a significant effect on financial performance. Disclosure of environmental information has a negative effect on financial performance, it shows that if the disclosure of environmental information is more equipped and in accordance with the disclosure guidelines, the cost is not small so that it will reduce financial performance. Research limitation that environmental costs is difficult to obtain so that the population is limited to companies listed on the IDX that have a Sustainability Report and are included in the Sustainability Disclosure Database of the Global Reporting Initiative. Disclosure of environmental information which is the result of the implementation environmental management accounting has not been done by all companies, because it is still voluntary is not mandatory. The suggestion of the research, the Indonesian Accountants Association is expected to form separate standards for measuring and reporting environmental cost information and standardized. For other researchers who are interested in researching environmental accounting can develop other variables for a longer time and the number of companies that publish more Sustainability Reporting.

scholarly journals Government Environmental Information Disclosure and Environmental Performance: Evidence from China

2021 ◽  
Vol 13 (12) ◽  
pp. 6854
Author(s):  
Xiaoya Zhu ◽  
Yunli Zhu ◽  
Xiaohua Meng
Keyword(s):  
Environmental Performance ◽  
Local Governments ◽  
Information Disclosure ◽  
Environmental Governance ◽  
Eastern China ◽  
Policy Instrument ◽  
Environmental Information ◽  
Western China ◽  
Ecological Environment ◽  
Environmental Information Disclosure

Government environmental information disclosure (GEID) is a key policy instrument in environmental governance. Local governments in China are improving the disclosure level of environmental information, but does the environmental information disclosed by local governments reflect the existing state of the local ecological environment? This paper analyzes the correlation between GEID and environmental performance and verifies whether or not the environmental information disclosed by local governments can reflect actual local ecological environment conditions. Based on data from Chinese cities, this paper adopts a multiple regression method, and the results show that the environmental information disclosed by governments can reflect the local environmental performance as a whole, and the higher the level of GEID, the better the local environmental performance; but the relationship between the two has significant regional differences. In eastern China, the higher the level of GEID, the better the local environmental performance. In central and western China, the correlation between GEID and environmental performance is not significant. In addition, it should be noted that the correlation between the level of GEID and the emission intensity of water pollutants is not significant in all regions. This study contributes to further clarifying the effectiveness of GEID policy and identifying a breakthrough for the optimization of environmental policies faced with the dilemma of serious environmental pollution and urgent economic development needs.

scholarly journals The Influence of Top Managers on Environmental Information Disclosure: The Moderating Effect of Company’s Environmental Performance

2019 ◽  
Vol 16 (7) ◽  
pp. 1167 ◽  
Author(s):  
Yuan Ma ◽  
Qiang Zhang ◽  
Qiyue Yin ◽  
Bingcheng Wang
Keyword(s):  
Environmental Performance ◽  
Information Disclosure ◽  
Educational Background ◽  
Environmental Information ◽  
Moderating Effect ◽  
Master Of Business Administration ◽  
Manufacturing Companies ◽  
Top Managers ◽  
Environmental Information Disclosure ◽  
The Impact

Abundant extant literature emphasizes the impact of board members attributes’ influence on environmental information disclosure. Considering the voluntary nature of environmental information disclosure, executives have strong managerial discretion when they make such decisions, so this article focuses on top managers’ influence on environmental information disclosure. We hypothesize that top managers’ educational background and age will affect companies’ environmental decision. The hypotheses are verified with the data from Chinese listed manufacturing companies. As the results show, a Master of Business Administration (MBA) educational background and average age of top managers positively affect environmental information disclosure, while the impact of legal educational background is negative. The company’s environmental performance plays a U-shaped moderating effect on the relationship between MBA educational background and environmental information disclosure.

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