Research on Relationship Between Environmental Information Disclosure and Investment Efficiency in China Manufacturing Listed Companies Perspective

被引:0
|
作者
Deng Jiuyi [1 ]
Fang Ming [1 ]
机构
[1] Wuhan Univ Technol, Sch Management, Wuhan 430070, Hubei, Peoples R China
关键词
Environmental information disclosure; Investment efficiency; Information asymmetry; Financing constraints;
D O I
暂无
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
This paper discusses the relationship of environmental information disclosure (EID) and investment efficiency from the perspective of Chinese manufacturing listed companies, and analyzes the industry effect on the correlation between the two factors. On the basis of empirical research, we take China's manufacturing listed companies from 2012 to 2014 as samples and get the conclusions: 1) The degree of enterprise EID is negatively correlated to the underinvestment. 2) The degree of enterprise EID is negatively correlated to the overinvestment. 3) In heavily polluting industries, the degree of enterprise EID is negatively related to the underinvestment is stronger.
引用
收藏
页码:1110 / 1114
页数:5
相关论文
共 50 条
  • [21] The Research on Influential Factors of Internal Control Information Disclosure Quality for Listed Companies in China
    Sun, X.
    Chen, W. J.
    He, Q.
    [J]. INTERNATIONAL CONFERENCE ON ADVANCED EDUCATIONAL TECHNOLOGY AND INFORMATION ENGINEERING (AETIE 2015), 2015, : 793 - 800
  • [22] THE RELATIONSHIP BETWEEN BOARD CHARACTERISTICS AND ENVIRONMENTAL DISCLOSURE: EVIDENCE FROM TURKISH LISTED COMPANIES
    Akbas, Halil Emre
    [J]. SOUTH EAST EUROPEAN JOURNAL OF ECONOMICS AND BUSINESS, 2016, 11 (02) : 7 - 19
  • [23] Relationship between Company Financial Performance, Characteristic and Environmental Disclosure of ASX Listed Companies
    Wahyuningrum, Indah Fajarini Sri
    Budihardjo, Mochamad Arief
    [J]. 3RD INTERNATIONAL CONFERENCE ON ENERGY, ENVIRONMENTAL AND INFORMATION SYSTEM (ICENIS 2018), 2018, 73
  • [24] Analysis of the Information Disclosure of China's GEM Listed Companies
    Huang Fangliang
    Si Duanjun
    Yang Min
    [J]. PROCEEDINGS OF THE 23RD INTERNATIONAL BUSINESS ANNUAL CONFERENCE (2016), BKS ONE AND TWO, 2016, : 932 - 935
  • [25] The Status Quo of and the Reflections on the Information Disclosure of Listed Companies in China
    Zheng, Ying-long
    Cheng, Le
    [J]. 2011 INTERNATIONAL CONFERENCE ON FUZZY SYSTEMS AND NEURAL COMPUTING (FSNC 2011), VOL IV, 2011, : 5 - 10
  • [26] The Status Quo of and the Reflections on the Information Disclosure of Listed Companies in China
    Zheng, Ying-long
    Cheng, Le
    [J]. 2011 AASRI CONFERENCE ON INFORMATION TECHNOLOGY AND ECONOMIC DEVELOPMENT (AASRI-ITED 2011), VOL 1, 2011, : 5 - 10
  • [27] Efficiency Research on China Listed Securities Companies
    Jiang Huichen
    [J]. 2017 29TH CHINESE CONTROL AND DECISION CONFERENCE (CCDC), 2017, : 3928 - 3932
  • [28] Environmental information disclosure and Labour investment efficiency
    Jiang, Yalin
    Guo, Chong
    Wu, Yingyu
    [J]. APPLIED ECONOMICS LETTERS, 2022, 29 (03) : 238 - 244
  • [29] Constructive Research of Carbon Accounting Information Disclosure of Listed Companies
    Wang, Bohan
    Guo, Xuemeng
    Gao, Dongfang
    [J]. LTLGB 2012: PROCEEDINGS OF INTERNATIONAL CONFERENCE ON LOW-CARBON TRANSPORTATION AND LOGISTICS, AND GREEN BUILDINGS. VOL 1, 2013, : 989 - 994
  • [30] Corporate Greenwashing Unexpectedly Caused by the Green Credit Policy: A Comparison between Environmental Sustainability Information Disclosure and Actual Environmental Protection Investment from China's Listed Companies
    Cao, Chaoyu
    Chen, Qibo
    Zhu, Lili
    [J]. SUSTAINABILITY, 2024, 16 (17)