The Influence of Financial Factors on Environmental Information Disclosure in China Chemical Industry

Abstract:     
From the perspective of corporate financial accounting, we examine empirically the impact of corporate financial factors on the voluntary disclosure of environmental information. Using a sample of 138 chemical industry listed companies in China, we find that more companies disclose environment information than before. From the statistical analysis, we also find that firm's size has stronger impact than debt to asset ratio and ROE on the behavior of environmental information disclosure. Further more our findings indicate that larger companies and those with better profitability are more likely to disclose environmental information.

Number of Pages in PDF File: 12

Keywords: environmental accounting, environmental policy, voluntary disclosure, financial situations

JEL Classification: G32

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