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Environmental information disclosure, central environmental protection supervision, and industrial green transformation—empirical evidence from listed companies

Author

Listed:
  • Yanbo Zhang

    (Northeastern University)

  • Yaning Chen

    (Northeastern University)

  • Yancheng Ning

    (Northeastern University)

Abstract

Under the increasingly severe resource environment, realizing the green transformation of industry is a pressing issue. This study examines the effects of environmental information disclosure and Central Environmental Protection Supervisions on China's industrial green transformation using data from listed businesses in 30 provinces of China between 2011 and 2018. Through the autocorrelation test of random disturbance term and overidentification test of tool variables, the system GMM method is determined to be used, and the coefficient value is estimated. The findings demonstrate that the release of environmental information considerably fosters China's industrial transition to a green economy, but there are regional differences in the promotion effect. After introducing adjustment variables, the influence of environmental information disclosure can be positively adjusted by the Central Environmental Protection Supervision to support industry green transformation, according to research. Our research yields significant findings for hastening the process of industrial green transformation and the development of ecological civilization. It is also very important for the government to strengthen the coordination and cooperation between policies and the legal framework for environmental information disclosure.

Suggested Citation

  • Yanbo Zhang & Yaning Chen & Yancheng Ning, 2025. "Environmental information disclosure, central environmental protection supervision, and industrial green transformation—empirical evidence from listed companies," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 27(5), pages 11579-11601, May.
    • Handle: RePEc:spr:endesu:v:27:y:2025:i:5:d:10.1007_s10668-023-04370-y
    DOI: 10.1007/s10668-023-04370-y
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