Environmental Performance Information Disclosure of Chinese Chemical industry

The paper sample period covers the years 2007-2010 A-share listed companies of chemical industry in China. We develop an environmental performance disclosure index (EPDI) and evaluate the environmental performance information disclosure according to the Sustainability Reporting Guidelines Version 3. 0 (G3) developed by the Global Reporting Initiative model to analysis the determinants of environmental (GRI) in 2006. Then we develop a multivariate linear regression to test determinants of performance information disclosure. We find that EPDIs are critically low and are significantly positive correlated to environmental award with listed companies. Company size and listed place of companies are positive correlation to EPDIs, they are not significant. However, the development capability, EPS, the liabilities degree, and registration place of listed companies, are negative correlation to EPDIs, they are not significant.