The Relationship between Environmental Information Disclosure and Profitability
A Comparison between Different Disclosure Styles
Bibliographic Data
| ID | 15501979 |
|---|---|
| Authors | Hua Yin (0000-0002-0910-6245, Shandong University of Science and Technology), Mingyu Li (0009-0001-1018-0944, Shandong University of Science and Technology), Yuan Ma (0000-0001-8004-2793, Shandong University of Science and Technology, corresponding author), Qiang Zhang (0000-0003-4613-3100, Shandong University of Science and Technology) |
| Year | 2019 |
| Volume | 16 |
| Issue | 9 |
| Pages | 1556-1556 |
| Publication date | 2019-05-03 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | International Journal of Environmental Research and Public Health (JOURNAL) |
| Journal identifiers | ISSN: 1661-7827 • E-ISSN: 1660-4601 |
| Publisher | Multidisciplinary Digital Publishing Institute (PUBLISHER • CH) |
| DOI | 10.3390/ijerph16091556 |
| PMID | 31058876 |
| OpenAlex | W2943503002 |
| Language | EN |
| Citations received | 7 |
| References cited | 61 |
Combined with the existing research gap, this paper divides firms' environmental information disclosure styles into two types: Substantive style and symbolic style. This paper elaborates on the relationship between environmental information disclosure and firms' profitability of these two disclosure types and tests this relationship using the data from 676 firms employed from the heave-polluting industry. Considering the endogenous and heteroscedasticity problems, 2-stage least squares method and weighted least square method were adopted. The results showed that (1) positive relationships exist between environmental information disclosure and profitability for both types; and (2) the contribution of symbolic-style disclosure to profitability is larger than that of substantive-style disclosure. These findings are important for corporate managers and highlight some policy implications in developing countries
Business · Profitability index · Self-disclosure · Corporate Social Responsibility Reporting · Environmental Sustainability in Business · Impact of AI and Big Data on Business and Society · Psychology · Social Psychology · Finance
Symbolic or Substantive Action
The Current Status, Hot Topics And Trends Of Environmental, Social And Governance (ESG) Research In East Asian Countries
The Effect of Sustainability Reporting on the Firm’s Value
Institutional pressures and firms’ environmental management behavior
The Impact of Environmental Information Disclosure on the Firm Value of Listed Manufacturing Firms
Valuation Impacts of Environmental Protection Taxes and Regulatory Costs in Heavy-Polluting Industries
Is there heterogeneity in ESG disclosure by mining companies? A comparison of developed and developing countries
Does It Pay to Be Green? A Systematic Overview
How the Market Values Greenwashing? Evidence from China
The impact of legitimacy pressure and corporate profitability on green innovation
The Harm of Symbolic Actions and Green-Washing
Organizational responses to environmental demands
Toward a Theory of Social Judgments of Organizations
Environmental innovations and profitability
CEO Hubris and Firm Risk Taking in China
Necessity as the mother of ‘green’ inventions
Corporate Environmental Responsibility in Polluting Industries
When Are Corporate Environmental Policies a Form of Greenwashing?
Managing Legitimacy
Going Green or Going Away? A Spatial Empirical Examination of the Relationship between Environmental Regulations, Biased Technological Progress, and Green Total Factor Productivity
| Unique citing works | 7 |
|---|---|
| Citations per year | 1,17 |
| Citation span | 2020 - 2026 (7) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 7 |