IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i5p2871-d761973.html
   My bibliography  Save this article

Analysis of the Evolutionary Game of Three Parties in Environmental Information Disclosure in Sustainability Reports of Listed Forestry Companies in China

Author

Listed:
  • Bowen Lu

    (College of Economics and Management, Northeast Forestry University, Harbin 150040, China)

  • Shangzhi Yue

    (College of Economics and Management, Northeast Forestry University, Harbin 150040, China)

Abstract

(1) Background: In the construction of an ecological civilization in China, the forestry industry has special characteristics which can produce both ecological and economic benefits. Environmental information disclosure can help the construction of an ecological civilization system; the study of the environmental information disclosures of forestry listed companies can help the development of ecological civilization construction and is conducive to considering forestry as a pilot model and extending to other industries; (2) Methods and results: Based on evolutionary game theory and stakeholder theory, an evolutionary game model of listed forestry companies, government departments, and the public was applied with MATLAB software to simulate and analyze the influencing factors of the environmental information disclosures of listed forestry companies; (3) Suggestions: Optimization of the environmental information disclosure mechanism of forestry listed companies includes: optimization of the environmental information disclosure mechanism, the reward and punishment mechanism, the environmental information sharing mechanism, and the interest coordination mechanism.

Suggested Citation

  • Bowen Lu & Shangzhi Yue, 2022. "Analysis of the Evolutionary Game of Three Parties in Environmental Information Disclosure in Sustainability Reports of Listed Forestry Companies in China," Sustainability, MDPI, vol. 14(5), pages 1-23, March.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:5:p:2871-:d:761973
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/5/2871/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/14/5/2871/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Anil R. Doshi & Glen W. S. Dowell & Michael W. Toffel, 2013. "How firms respond to mandatory information disclosure," Strategic Management Journal, Wiley Blackwell, vol. 34(10), pages 1209-1231, October.
    2. Mohamed Chelli & Sylvain Durocher & Anne Fortin, 2018. "Normativity in Environmental Reporting: A Comparison of Three Regimes," Journal of Business Ethics, Springer, vol. 149(2), pages 285-311, May.
    3. Amaral, Marco A. & Oliveira, Marcelo M. de & Javarone, Marco A., 2021. "An epidemiological model with voluntary quarantine strategies governed by evolutionary game dynamics," Chaos, Solitons & Fractals, Elsevier, vol. 143(C).
    4. Chauhan, Yogesh & Kumar, Surya Bhushan, 2019. "The value relevance of nonfinancial disclosure: Evidence from foreign equity investment," Journal of Multinational Financial Management, Elsevier, vol. 52.
    5. Selena Aureli & Sabrina Gigli & Renato Medei & Enrico Supino, 2020. "The value relevance of environmental, social, and governance disclosure: Evidence from Dow Jones Sustainability World Index listed companies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(1), pages 43-52, January.
    6. Daniel Kouloukoui & Ângelo Marcio Oliveira Sant'Anna & Sônia Maria da Silva Gomes & Marcia Mara de Oliveira Marinho & Pieter de Jong & Asher Kiperstok & Ednildo Andrade Torres, 2019. "Factors influencing the level of environmental disclosures in sustainability reports: Case of climate risk disclosure by Brazilian companies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(4), pages 791-804, July.
    7. Jennifer Martínez-Ferrero & Lázaro Rodríguez-Ariza & Isabel-María García-Sánchez & Beatriz Cuadrado-Ballesteros, 2018. "Corporate social responsibility disclosure and information asymmetry: the role of family ownership," Review of Managerial Science, Springer, vol. 12(4), pages 885-916, October.
    8. Kabir, KM Ariful & Chowdhury, Atiqur & Tanimoto, Jun, 2021. "An evolutionary game modeling to assess the effect of border enforcement measures and socio-economic cost: Export-importation epidemic dynamics," Chaos, Solitons & Fractals, Elsevier, vol. 146(C).
    9. Lingyun He & Chen Wu & Xiaolei Yang & Jiao Liu, 2019. "Corporate social responsibility, green credit, and corporate performance: an empirical analysis based on the mining, power, and steel industries of China," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 95(1), pages 73-89, January.
    10. Anil R. Doshi & Glen W. S. Dowell & Michael W. Toffel, 2013. "How firms respond to mandatory information disclosure," Strategic Management Journal, Wiley Blackwell, vol. 34(10), pages 1209-1231, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jichao Geng & Meiyu Ji & Li Yang, 2022. "Role of Enterprise Alliance in Carbon Emission Reduction Mechanism: An Evolutionary Game Analysis," IJERPH, MDPI, vol. 19(18), pages 1-17, September.
    2. Zhu, Chaoping & Su, Yixuan & Fan, Ruguo & Xu, Ruiheng & Li, Bing, 2025. "Research on the optimal incentive and constraint mechanisms for corporate carbon information disclosure considering different market contexts: A network-based evolutionary game analysis," Energy Economics, Elsevier, vol. 142(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Markus Kitzmueller, 2008. "Economics and Corporate Social Responsibility," Economics Working Papers ECO2008/37, European University Institute.
    2. Adler Miserendino, Rebecca & Bergquist, Bridget A. & Adler, Sara E. & Guimarães, Jean Remy Davée & Lees, Peter S.J. & Niquen, Wilmer & Velasquez-López, P. Colon & Veiga, Marcello M., 2013. "Challenges to measuring, monitoring, and addressing the cumulative impacts of artisanal and small-scale gold mining in Ecuador," Resources Policy, Elsevier, vol. 38(4), pages 713-722.
    3. Li Liu & Lei Du & Xing Liu, 2023. "Lessons from failure: Pollution blacklisting and firm's green innovation," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(1), pages 483-491, February.
    4. Xiaoyang Li & Yue Maggie Zhou, 2016. "Offshoring Pollution While Offshoring Production," Working Papers 16-09, Center for Economic Studies, U.S. Census Bureau.
    5. Jonathan T. Kolstad, 2013. "Information and Quality When Motivation Is Intrinsic: Evidence from Surgeon Report Cards," American Economic Review, American Economic Association, vol. 103(7), pages 2875-2910, December.
    6. Baron, David P. & Harjoto, Maretno A. & Jo, Hoje, 2008. "The Economics and Politics of Corporate Social Performance," Research Papers 1993, Stanford University, Graduate School of Business.
    7. Jonathan T. Kolstad, 2013. "Information and Quality when Motivation is Intrinsic: Evidence from Surgeon Report Cards," NBER Working Papers 18804, National Bureau of Economic Research, Inc.
    8. Christopher Marquis & Michael W. Toffel & Yanhua Zhou, 2016. "Scrutiny, Norms, and Selective Disclosure: A Global Study of Greenwashing," Organization Science, INFORMS, vol. 27(2), pages 483-504, April.
    9. Khan, Md. Mamun-Ur-Rashid & Arefin, Md. Rajib & Tanimoto, Jun, 2022. "Investigating the trade-off between self-quarantine and forced quarantine provisions to control an epidemic: An evolutionary approach," Applied Mathematics and Computation, Elsevier, vol. 432(C).
    10. Simcoe, Timothy & Toffel, Michael W., 2014. "Government green procurement spillovers: Evidence from municipal building policies in California," Journal of Environmental Economics and Management, Elsevier, vol. 68(3), pages 411-434.
    11. Laura Spira & Michael Page, 2010. "Regulation by disclosure: the case of internal control," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 14(4), pages 409-433, November.
    12. Supino, Enrico & Tenucci, Andrea & Di Nanna, Gianluca, 2024. "Sports failures and stock returns between rationality and emotionality: Evidence from the UEFA Champions League," Research in International Business and Finance, Elsevier, vol. 70(PB).
    13. Shahriyar Mukhtarov & Hasan Dinçer & Halim Baş & Serhat Yüksel, 2022. "Policy Recommendations for Handling Brain Drains to Provide Sustainability in Emerging Economies," Sustainability, MDPI, vol. 14(23), pages 1-24, December.
    14. Dan Yang & Weili Yin & Sen Liu & Felix T. S. Chan, 2022. "Understanding the Effect of Multi-Agent Collaboration on the Performance of Logistics Park Projects: Evidence from China," Sustainability, MDPI, vol. 14(7), pages 1-23, March.
    15. Yunhan Huang & Quanyan Zhu, 2022. "Game-Theoretic Frameworks for Epidemic Spreading and Human Decision-Making: A Review," Dynamic Games and Applications, Springer, vol. 12(1), pages 7-48, March.
    16. Han Zhu & Aili Zhang, 2024. "The Impact of Water Resource Tax Reform on Green Technology Innovation: Evidence from Chinese A-Share Listed Enterprises," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(4), pages 17630-17648, December.
    17. Ahmad, Nglaa & Haque, Shamima & Islam, Muhammad Azizul, 2024. "Modern slavery disclosure regulations in the global supply Chain: A world-systems perspective," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 99(C).
    18. Selena Aureli & Mara Del Baldo & Rosa Lombardi & Fabio Nappo, 2020. "Nonfinancial reporting regulation and challenges in sustainability disclosure and corporate governance practices," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2392-2403, September.
    19. Mandas, Marco & Lahmar, Oumaima & Piras, Luca & De Lisa, Riccardo, 2023. "ESG in the financial industry: What matters for rating analysts?," Research in International Business and Finance, Elsevier, vol. 66(C).
    20. Katharina Hombach & Thorsten Sellhorn, 2019. "Shaping Corporate Actions Through Targeted Transparency Regulation: A Framework and Review of Extant Evidence," Schmalenbach Business Review, Springer;Schmalenbach-Gesellschaft, vol. 71(2), pages 137-168, May.

    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:gam:jsusta:v:14:y:2022:i:5:p:2871-:d:761973. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.