Author(s)

Yitian Liu ¹

Affiliation(s)

¹ South West Petroleum University, Chengdu, 61000, China

Corresponding Author

Yitian Liu

ABSTRACT

Environmental information disclosure, as a pivotal component of corporate social responsibility, has increasingly become a crucial aspect of the operational strategies of publicly listed companies. With the rising global emphasis on sustainable development, a growing number of enterprises recognize that environmental information disclosure transcends mere legal and ethical obligations; it is also a significant determinant of corporate value. The act of disclosing environmental information not only enhances corporate transparency and bolsters investor trust but also contributes to the improvement of a company's social reputation, mitigates operational and management risks, and ultimately exerts a positive influence on long-term corporate value. However, the escalating costs of disclosure and the regulatory risks associated with excessive transparency present challenges for businesses. Moreover, disparities in industry and company size lead to significant variations in the effectiveness of environmental information disclosure. To navigate these challenges, governments and corporations must collaborate, optimizing policies, enhancing corporate management capabilities, integrating third-party audits, and strengthening communication with stakeholders to comprehensively elevate the quality and transparency of environmental information disclosure, thereby fostering sustainable growth in corporate value.

KEYWORDS

Listed companies; environmental information disclosure; corporate value

CITE THIS PAPER

Yitian Liu, Study on the Correlation between Environmental Information Disclosure and Corporate Value of Listed Companies. Accounting and Corporate Management (2024) Vol. 6: 34-41. DOI: http://dx.doi.org/10.23977/acccm.2024.060404.

REFERENCES

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[3] Ruiyue Z, Fengju X. An Empirical Study on the Relationship Between Environmental Information Disclosure and Financial Performance of Listed Companies[C]//University of Wales Trinity Saint David, UK, Wuhan University of Technology, China. Proceedings of the 14th International Conference on Innovation and Management.School of Management, Wuhan University of Technology; 2017:6. DOI:10.26914/c.cnkihy.2017.011788. 
[4] Zhongfu Y, Jianhui J, Pinglin H .The Study on the Correlation between Environmental Information Disclosure and Economic Performance-With empirical data from the manufacturing industries at Shanghai Stock Exchange in China[J].Energy Procedia, 2011,5(C):1218-1224.

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