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

12 Pages Posted: 21 Nov 2008 Last revised: 2 Dec 2008

See all articles by Junrui Zhang

Junrui Zhang

Xi'an Jiaotong University (XJTU) - School of Management

Hui Ting Guo

Xi'an Jiaotong University (XJTU) - School of Management

Bin Li

Xi'an Jiaotong University (XJTU) - School of Management

Wei Wang

Xi'an Jiaotong University (XJTU)

Date Written: November 21, 2008

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.

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

JEL Classification: G32

Suggested Citation

Zhang, Junrui and Guo, Hui Ting and Li, Bin and Wang, Wei, The Influence of Financial Factors on Environmental Information Disclosure in China Chemical Industry (November 21, 2008). Available at SSRN: https://ssrn.com/abstract=1305005 or http://dx.doi.org/10.2139/ssrn.1305005

Junrui Zhang

Xi'an Jiaotong University (XJTU) - School of Management

28,Xianning West Road
Xi'an, Shaanxi 710049
China

Hui Ting Guo (Contact Author)

Xi'an Jiaotong University (XJTU) - School of Management ( email )

28,Xianning West Road
Xi'an, Shaanxi 710049
China

Bin Li

Xi'an Jiaotong University (XJTU) - School of Management ( email )

28,Xianning West Road
Xi'an, Shaanxi 710049
China

Wei Wang

Xi'an Jiaotong University (XJTU) ( email )

26 Xianning W Rd.
Xi'an Jiao Tong University
Xi'an, Shaanxi 710049
China

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