Intra-industry peer effect in corporate environmental information disclosure: Evidence from China.

ABSTRACT: Corporate environmental information disclosure is an important way for stakeholders to understand the performance of corporate environmental responsibilities. To explore the group relevance of corporate environmental information disclosure, this paper empirically tests the intra-industry peer effect of corporate environmental information disclosure using a panel fixed-effects model based on data of Chinese heavily polluted listed companies from 2015 to 2019 and studies its formation mechanism and impact path. The results show that there is an intra-industry peer effect in corporate environmental information disclosure; this effect exists in corporations of different ownership; social learning mechanism and environmental pressure mechanism are the channels to form the intra-industry peer ef

SUBMITTER: Hu K 

PROVIDER: S-EPMC9499266 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature