Abstract
This study takes the anti-corruption campaign of the 18th CPC National Congress in China as an exogenous impact build a double difference (DID) model, proving that anti-corruption can increase the quality of enterprise environmental information disclosure significantly. After a series of tests such as parallel trend test and placebo test, the results are still robust. The intermediary effect model results indicate that the anti-corruption increases the violation cost of enterprises and encourages enterprises to carry out innovation activities, and ultimately increase the quality of enterprise environmental information disclosure. Heterogeneity analysis finds that non-state-owned enterprises, large enterprises, and regions with more substantial environmental supervision will improve the quality of enterprise environmental information disclosure to a greater extent. The findings of this paper can help provide policy inspiration for improving the mandatory environmental information disclosure system and strengthening the enforcement of environmental regulations.
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30 August 2021
A Correction to this paper has been published: https://doi.org/10.1007/s11356-021-16226-x
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This work was financially supported by the National Natural Science Foundation of China (grant number: 72003097), the Humanities and Social Sciences Research of Ministry of Education of China (grant number: 18YJC790041), the National Natural Science Foundation of Jiangsu Province (grant number: BK20190775), and the NUIST Students’ Platform for Innovation and Entrepreneurship Training Program (grant number: 202110300096Y)
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Ye Wei: data curation, analyzed data, and writing-original draft preparation.
Wenjian He: conceptualization, methodology, analyzed, and writing-original draft preparation.
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Wei, Y., He, W. Can anti-corruption improve the quality of environmental information disclosure?. Environ Sci Pollut Res 29, 5345–5359 (2022). https://doi.org/10.1007/s11356-021-15932-w
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DOI: https://doi.org/10.1007/s11356-021-15932-w