Abstract
The Chinese government has given a high priority to economic high-quality development (HQD) in recent years. This study empirically examines whether environmental information disclosure (EID) can promote corporate HQD using a sample of 302 Chinese listed companies from 2012 to 2018. The results show that EID has a positive impact on firms’ HQD and intellectual capital plays a mediating role in this relationship. The results remain robust and valid after a series of endogenous and robustness tests. This study significantly contributes to the existing EID literature by exploring the integrated effect of EID on corporate HQD through constructing a comprehensive indicator to measure corporate HQD, which includes economic performance, environmental performance, and social performance. The findings of our study also add impetus for enterprises to improve their EID.
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Data availability
The datasets used during the current study are available from the corresponding author on reasonable request.
Abbreviations
- EID:
-
Environmental information disclosure
- HQD:
-
High-quality development
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YJ chose the research ideas, formed the study framework, collected, and analysed the data; CG was the main contributor in writing the manuscript and also collected some of the data; YW reviewed and edited the paper. All authors read and approved the final manuscript.
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Jiang, Y., Guo, C. & Wu, Y. Can environmental information disclosure promote the high-quality development of enterprises? The mediating effect of intellectual capital. Environ Sci Pollut Res 28, 30743–30757 (2021). https://doi.org/10.1007/s11356-021-12921-x
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DOI: https://doi.org/10.1007/s11356-021-12921-x