scholarly journals Can anti-corruption improve the quality of environmental information disclosure?

2021 ◽  
Author(s):  
Ye Wei ◽  
Wenjian He
Keyword(s):  
Information Disclosure ◽  
Manufacturing Industry ◽  
Local Level ◽  
Environmental Information ◽  
Double Difference ◽  
Trend Test ◽  
Innovation Activities ◽  
Level Data ◽  
Environmental Information Disclosure

Abstract This study takes the anti-corruption campaign of the 18th CPC National Congress in China as an exogenous impact, using the data of heavy polluting enterprises in Shanghai and Shenzhen A-share manufacturing industry over 2008–2018 and the local level data to build a double difference (DID) model, which proves that anti-corruption can increase the quality of enterprise environmental information disclosure significantly. After a series of tests such as parallel trend test and placebo test, the results are still robust. The intermediary effect model results indicate that the anti-corruption increases the violation cost of enterprises and encourages enterprises to carry out innovation activities, and ultimately increase the quality of enterprise environmental information disclosure. Considering that enterprise nature, enterprise size, and the environmental supervision strength will influence the quality of enterprise environmental information disclosure differently. We further construct a group regression model for heterogeneity analysis and finds that non-state-owned enterprises, large enterprises and regions with more substantial environmental supervision will improve the quality of enterprise environmental information disclosure to a greater extent. The findings of paper can help understand the internal mechanism between anti-corruption and corporate environmental information disclosure and provide empirical evidence for the implementation of mandatory environmental information disclosure policy.

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.

scholarly journals Analysis on Environmental Information Disclosure of Listed Companies in Heavy Pollution Industries in Shandong Province

2021 ◽  
Vol 9 (4) ◽  
Author(s):  
Xuan Wang
Keyword(s):  
Information Disclosure ◽  
Listed Companies ◽  
Environmental Information ◽  
Current Situation ◽  
Shandong Province ◽  
Environmental Information Disclosure ◽  
Heavy Pollution ◽  
Countermeasures And Suggestions ◽  
Different Levels

Based on the research samples of Listed Companies in heavy pollution industries in Shandong Province, this paper studies the current situation of their environmental information disclosure, finds out the problems existing in the environmental information disclosure of such companies, analyzes the causes of the problems from different levels, and finally puts forward countermeasures and suggestions to improve the environmental information disclosure of Listed Companies in heavy pollution industries, in order to provide some reference for improving the level and quality of environmental information disclosure of Listed Companies in heavy pollution industry.

scholarly journals The Quantity and Quality of Environmental Reporting in Annual Report of Public Listed Companies in Malaysia

2010 ◽  
Vol 4 (2) ◽  
pp. 115 ◽  
Author(s):  
Sharifah Buniamin
Keyword(s):  
Information Disclosure ◽  
Environmental Information ◽  
Annual Reports ◽  
Environmental Reporting ◽  
Reporting Practices ◽  
Quality Disclosure ◽  
Environmentally Sensitive Areas ◽  
Environmental Information Disclosure ◽  
High Level

Business organisations are facing the challenge of disseminating environmental information as the public concerns regarding these issues have increased. This study examines the environmental reporting practices in the annual reports of 243 companies listed on the Main Board of<br />Bursa Malaysia for the year 2005. Content analysis approach was utilized to determine the quantity and quality of the environmental information disclosure in annual reports. The results indicated that only 28% of the companies reported this information in their annual reports and merely five sentences were dedicated for these reports. It was also revealed that the average quality of environmental reporting per company is 3.24%. In addition, it was discovered that larger companies and companies in environmentally sensitive areas published more information as well as provided higher quality disclosure. Additionally, it was also revealed that companies with high level of quantity environmental reporting are also having high level of quality environmental reporting.<br /><br /><br /><br />

scholarly journals The Determinants of Environmental Disclosure Quality: Empirical Evidence from Indonesia

2021 ◽  
Vol 4 (1) ◽  
pp. 41
Author(s):  
Pricilia Angela ◽  
Sofik Handoyo
Keyword(s):  
Information Disclosure ◽  
Stock Exchange ◽  
Sustainability Reporting ◽  
Environmental Information ◽  
Disclosure Quality ◽  
Environmental Disclosure ◽  
Listed Firms ◽  
Environmental Information Disclosure ◽  
The Relationship

Sustainability issues have increased the need for stakeholder toward environmental information disclosure. Quality of environmental information is pivotal for stakeholders to make a proper assessment of a firm’s environmental performance. This study examines the relationship between a firm’s characteristics and environmental disclosure quality. Firm’s characteristics in this study refer to the size, ownership concentration, age, and leverage. Content analysis of sustainability reporting was applied in this study. The study involved 33 listed firms in Indonesia Stock Exchange (IDX) that are consistently issued sustainability reporting during 2014-2016. Simultaneously test indicated that characteristics of the firm significantly explain the variance of environmental disclosure quality. However, partially test showed that leverage is the only variable significantly influenced environmental disclosure quality. 

Quality of environmental information disclosure and enterprise characteristics

2019 ◽  
Vol 30 (5) ◽  
pp. 963-979 ◽  
Author(s):  
Jianshu Wang ◽  
Bo Zhang
Keyword(s):  
Information Disclosure ◽  
Local Economic Development ◽  
Stock Exchange ◽  
Environmental Information ◽  
Disclosure Quality ◽  
Content Type ◽  
Factors Affecting ◽  
Efficiency And Effectiveness ◽  
Environmental Information Disclosure

Purpose Based on several important environmental protection and information disclosure policies that have been issued in China, the purpose of this paper is to test the relationship between characteristics and the environmental information disclosure quality of sample companies. Design/methodology/approach The OLS regression analysis is selected for this research which takes China’s heavy pollution companies listed on the Shanghai Stock Exchange from 2015 to 2016 as samples. Findings The quality of these environmental information disclosures needs to be strengthened, and while the quality of the disclosures among the companies examined improved significantly in 2016 compared with 2015, there are still high variations in quality from industry to industry. In addition, the scale of company is most closely correlated to the quality of environmental information disclosure and the economic situation of the enterprises is the next. Other factors affecting the disclosure quality include in order the degree of local economic development the scale of the state-owned shares and the independent directors. Listed years and equity restriction show a positive correlation but not significant in statistics. Originality/value The research will assist administrative organizations to allocate governance sources effectively, plan governance investment as a whole, and improve the overall level of the disclosure of environmental information while strengthening the governance efficiency and effectiveness, according to the correlation and degree between the company characteristics and environmental information disclosure quality.

scholarly journals The Impact of Environmental Administrative Penalties on the Disclosure of Environmental Information

2019 ◽  
Vol 11 (20) ◽  
pp. 5820 ◽  
Author(s):  
Xiangan Ding ◽  
Ying Qu ◽  
Mohsin Shahzad
Keyword(s):  
Information Disclosure ◽  
Environmental Information ◽  
Manufacturing Companies ◽  
Corporate Environmental Responsibility ◽  
Significant Interest ◽  
Environmental Information Disclosure ◽  
Environmental Disclosures ◽  
Corporate Social ◽  
The Impact

Stakeholders often have a significant interest in the disclosure of information by companies that have received environmental penalties. This study examines how environmental administrative penalties influence companies’ environmental disclosures. Using a sample of 316 manufacturing companies across three years in China, the regression results indicate that the level of voluntary environmental information disclosure (EID) is significantly positively affected by environmental penalties. For companies in heavily polluting industries, environmental penalties decrease their involuntary EID. Environmental penalties also reduce the quality of environmental information, which is mainly reflected in the weakening of the integrity, comprehensibility, and relevance of environmental information in corporate social responsibility (CSR) reports or environmental reports. These findings help us to understand the sustainability of corporate environmental responsibility in the context of environmental administrative penalties.

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