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 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 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.

Framework Design of Cloud Computing Based Environmental Information Disclosure Platform

2012 ◽  
Vol 263-266 ◽  
pp. 1997-2003
Author(s):  
Wei Hua Zeng ◽  
Long Quan Yu ◽  
Lin Jia Zhao ◽  
Xiao Hong Zhong ◽  
Kun Peng Wang
Keyword(s):  
Cloud Computing ◽  
Open Innovation ◽  
Information Disclosure ◽  
Environmental Governance ◽  
Environmental Information ◽  
Public Access ◽  
Information Platform ◽  
The Public ◽  
Environmental Information Disclosure ◽  
Innovation Model

In order to promote multi-directional exchanges among environmental management departments, enterprises and public to improve capacity of environmental information disclosure, environmental governance open innovation model based on environmental information disclosure should be established to take advantage of the public pressures of environmental governance to promote improvement of environmental behavior of enterprises and government departments. Environmental governance open innovation model is based on the public access to environmental information, thereby establishing a comprehensive environmental information platform is essential. By taking advantage of cloud computing technology features of ultra-large-scale, high scalability and on-demand services, a cloud computing based environment information platform will be established to meet needs of public access to environmental information and environmental participation. The platform can customize different services for different users, and promote the development of environmental governance mode to achieve the improvement of environmental quality.

scholarly journals Does Green Credit Policy Work in China? The Correlation between Green Credit and Corporate Environmental Information Disclosure Quality

2019 ◽  
Vol 11 (3) ◽  
pp. 733 ◽  
Author(s):  
Feng Wang ◽  
Siyue Yang ◽  
Ann Reisner ◽  
Na Liu
Keyword(s):  
Local Governments ◽  
Information Disclosure ◽  
Fixed Effects ◽  
Stock Exchange ◽  
Environmental Information ◽  
Chinese Government ◽  
Disclosure Quality ◽  
Credit Policy ◽  
Environmental Information Disclosure ◽  
Fixed Effects Regression

Roughly a decade ago, the Chinese government implemented a green credit policy aimed at lowering emissions from highly polluting corporations through improving information disclosure quality during the loan process. According to policy guidelines, banks may provide financial support only for new projects that passed an environmental assessment or were explicitly designed to decrease pollution. This paper used panel data from 320 companies in heavy polluting industries listed on the Shanghai Stock Exchange from 2008 to 2016 and adopted a fixed effects regression model to examine whether collusion between local governments and Chinese listed companies has prevented the green credit policy from achieving its target. The results show that there is no significant positive correlation between CEID and corporate green financing, which means that the environmental information disclosure system does not send valuable signals to the market and has failed to become a decision-making tool for bank-risk management.

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 Does Environmental Information Disclosure Affect the Sustainable Development of Enterprises: The Role of Green Innovation

2021 ◽  
Vol 13 (19) ◽  
pp. 11064
Author(s):  
Dameng Hu ◽  
Yuanzhe Huang ◽  
Changbiao Zhong
Keyword(s):  
Sustainable Development ◽  
Information Disclosure ◽  
Environmental Governance ◽  
Listed Companies ◽  
Environmental Information ◽  
Chinese Government ◽  
Green Innovation ◽  
Promoting Effect ◽  
Environmental Information Disclosure ◽  
High Level

Along with command-and-control and market-incentive environmental regulation policies, environmental information disclosure (EID) is an important measure used by the Chinese government to implement environmental governance. In the context of advocating for corporate sustainable development and green governance, this study uses data from China’s Shanghai and Shenzhen A-share listed companies in heavily polluting industries spanning 2008–2019 to empirically explore the relationship between corporate EID and green innovation (GI). The results reveal the following: (1) high-quality EID significantly promotes the absolute GI level and the relative GI level of enterprises. (2) An intermediary model found that the internal mechanism of corporate EID used to promote GI mainly comes from the government’s energy-saving innovation subsidy effect and the social media attention effect. (3) Corporate EID has a more evident promotional effect on green patents for energy conservation and green patents for inventions. (4) The EID of state-owned enterprises is more conducive to GI than to the activities of private enterprises. (5) The EID of enterprises in high-level administrative cities has no significant impact on GI. However, it has a significant promoting effect in low-level administrative cities. The research not only provides an empirical basis for China to improve the environmental information disclosure system of listed companies but also to offer guidance for companies to pursue green and sustainable development.

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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