The Impact of Environmental Information Disclosure on the Firm Value of Listed Manufacturing Firms: Evidence from China
文献类型：期刊论文
| 作者 | Yang, Yongliang; Wen, Jin; Li, Yi |
| 刊名 | INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH
 |
| 出版日期 | 2020 |
| 卷号 | 17期号:3 |
| 关键词 | BOOK-TO-MARKET CORPORATE SOCIAL-RESPONSIBILITY FINANCIAL PERFORMANCE MEDIA COMPETITION |
| DOI | 10.3390/ijerph17030916 |
| 英文摘要 | In the last decade, the public concern over environmental problems has led to the emergence of environmental regulations in firms' information disclosure on environmental practice, especially in some developing countries such as China. Based on a panel dataset composed of the listed manufacturing firms in China during 2006-2016, this paper uses the difference-in-differences (DID) model and the propensity score matching (PSM) method to investigate whether the Environmental Information Disclosure Measure (for Trial Implementation; EIDMT) affects the firm value. The results show that EIDMT exerts a significant impact on the listed manufacturing firms' value. In consideration of the firm's ownership, EIDMT plays a more important role in the firm value of non-state-owned firms than state-owned firms. Furthermore, using a PSM-DID model for eastern, central, and western China, we find that EIDMT significantly affects the firm value in eastern and western China but has little impact on central China. |
| 学科主题 | Environmental Sciences & Ecology ; Public, Environmental & Occupational Health |
| 源URL | [http://ir.nimte.ac.cn/handle/174433/20056]  |
| 专题 | 2020专题 2020专题_期刊论文 |
| 作者单位 | 1.Li, Y (corresponding author), Ningbo Univ, Ctr Ecol Civilizat Yangtze River Delta, Ningbo 315211, Peoples R China. 2.Li, Y (corresponding author), Ningbo Univ, Fac Tourism & Culture, Int United Fac Ningbo Univ & Univ Angers, Ningbo 315201, Peoples R China. 3.Li, Y (corresponding author), Ningbo Univ, East China Sea Inst, Ningbo 315211, Zhejiang, Peoples R China. |
| 推荐引用方式 GB/T 7714 | Yang, Yongliang,Wen, Jin,Li, Yi. The Impact of Environmental Information Disclosure on the Firm Value of Listed Manufacturing Firms: Evidence from China[J]. INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH,2020,17(3). |
| APA | Yang, Yongliang,Wen, Jin,&Li, Yi.(2020).The Impact of Environmental Information Disclosure on the Firm Value of Listed Manufacturing Firms: Evidence from China.INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH,17(3). |
| MLA | Yang, Yongliang,et al."The Impact of Environmental Information Disclosure on the Firm Value of Listed Manufacturing Firms: Evidence from China".INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH 17.3(2020). |
入库方式： OAI收割
来源：宁波材料技术与工程研究所
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