IDEAS home Printed from https://ideas.repec.org/a/eee/reveco/v102y2025ics1059056025005076.html
   My bibliography  Save this article

Environmental regulation penalties and corporate environmental information disclosure

Author

Listed:
  • Hu, Bin
  • Xu, Qian

Abstract

Promoting corporate environmental information disclosure has become a critical component in advancing green transformation and achieving high-quality development. This study, based on data from A-share listed enterprises in China from 2009 to 2023, systematically investigates the policy impact of environmental regulation penalties on corporate environmental disclosure practices. The findings reveal that environmental regulation penalties significantly enhance the level of environmental information disclosure. Moreover, corporate ESG performance plays a positive mediating role between regulatory penalties and disclosure behaviors, suggesting that enterprises respond to regulatory pressure by improving their environmental, social, and governance practices. Green technological innovation also serves as a crucial channel through which environmental penalties influence disclosure, reflecting an increased willingness to disclose driven by innovation-oriented transformation. Heterogeneity analysis further indicates that the effect is more pronounced among firms with low goodwill, enterprises in heavily polluting industries, and those located in regions with high public environmental concern.

Suggested Citation

  • Hu, Bin & Xu, Qian, 2025. "Environmental regulation penalties and corporate environmental information disclosure," International Review of Economics & Finance, Elsevier, vol. 102(C).
    • Handle: RePEc:eee:reveco:v:102:y:2025:i:c:s1059056025005076
    DOI: 10.1016/j.iref.2025.104344
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1059056025005076
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.iref.2025.104344?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:reveco:v:102:y:2025:i:c:s1059056025005076. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/620165 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.