Abstract
With rapid development of economy, environmental pollution becomes increasingly serious, which not only affects quality of our life but also threatens our living conditions. Since the 1990s, the percentage that Chinese listed companies’ voluntary environmental information disclosure has increased to a larger extent and the content disclosed by many enterprises has gone beyond scope required by laws. Under this background, this paper combines with current status of environment information disclosure of Chinese listed companies, takes listed companies of non-ferrous metal industry in Shanghai and Shenzhen from 2006 to 2011 as samples, and studies impacts of environmental information disclosure system and environmental regulation intensity on environmental information disclosure. In addition, it carries out empirical tests on sample data of companies and implements robustness tests on regression results to exclude influence of differences between new and old criterion on comparability of accounting data. By virtue of positive analysis, it is found that corporate features like scale of company, financial risk, growth ability and profitability have great influence on environment information disclosure, and implementation of environment information disclosure and environmental regulation intensity have significant impacts on environment information disclosure.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.