An Empirical Analysis on Determinant Factors of Environmental Information Disclosure: Evidence from A-Share Listed Firms in Shenzhen in China

Author

Tang, Yongjun ; Luo, Geling

Author_Institution

Dept. of Accounting, Hohai Univ. Nanjing, Nanjing, China

fYear

2010

fDate

13-15 Aug. 2010

Firstpage

261

Lastpage

265

Abstract

Based on 169 firms who issued social responsibility reports listed on the Shenzhen Stock exchanges in 2008, this paper studies the present situation and the determinant factors of environmental information disclosures (EID) in China. The empirical results show that the level of EID in china´s listed firm is low and the level of disclosure in heavily polluting industries is higher than non-polluting industries. We also find that there are different determinant factors between heavily polluting industries and non-polluting industries. The profitability of heavily polluting industries is negative related with the index of EID at the level of 10% in the sample test with group, but there is no the conclusion in the non-polluting industries.

Keywords

corporate social responsibility; environmental legislation; industries; organisational aspects; profitability; stock markets; EID; Shenzhen stock exchanges; a-share listed firms; determinant factors; environmental information disclosure; heavily polluting industry; nonpolluting industry; profitability; social responsibility reports; Companies; Correlation; Environmentally friendly manufacturing techniques; Industries; Pollution; Profitability; Stock markets; Determinant factors; EID; Empirical analysis; Heavily polluting industries; Non-polluting industries;

fLanguage

English

Publisher

ieee

Conference_Titel

Business Intelligence and Financial Engineering (BIFE), 2010 Third International Conference on

Conference_Location

Hong Kong

Print_ISBN

978-1-4244-7575-9

Type

conf

DOI

10.1109/BIFE.2010.68

Filename

5621712