Proceedings of the 10th International Conference on Business, Accounting, Finance and Economics (BAFE 2022)

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Research on the Relationship Between Environmental Information Disclosure Quality and Financial Performance

Authors
Baojuan Shi1, *, Zuting Zheng1, Lihua Zhang1
1College of Economics, North China University of Science and Technology, 21 Bohai Road, Caofeidian Xincheng, Tangshan, 063210, Hebei, China
*Corresponding author. Email: shibaojuan@126.com
Corresponding Author
Baojuan Shi
Available Online 4 February 2023.
DOI
10.2991/978-2-494069-99-2_5How to use a DOI?
Keywords
Environmental information disclosure; Financial performance; Coupling model
Abstract

Nowadays the problem of environmental pollution has become more and more prominent. By studying the coupling and coordination between environmental information disclosure quality and financial performance, guide companies to attach importance to environmental problems, take the public companies in the pharmaceutical industry from the heavy pollution industries in China as the research object, and apply the coupling model in physics to calculate the coupling coordination degree between the environmental information disclosure quality and financial performance. The results show that in 2015–2019 the coupling coordination degree of 160 public companies in the pharmaceutical industry is not high, most companies are in a state of maladjustment, only a few companies can reach the level of junior coordination. However, this state of maladjustment has been gradually changing. By 2019, most companies has reached the level of slight maladjustment. In China Both the government and companies should think highly of the environmental information disclosure quality and the companies should pursue the coordinated development of company performance and environmental protection.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 10th International Conference on Business, Accounting, Finance and Economics (BAFE 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
4 February 2023
ISBN
10.2991/978-2-494069-99-2_5
ISSN
2352-5428
DOI
10.2991/978-2-494069-99-2_5How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Baojuan Shi
AU  - Zuting Zheng
AU  - Lihua Zhang
PY  - 2023
DA  - 2023/02/04
TI  - Research on the Relationship Between Environmental Information Disclosure Quality and Financial Performance
BT  - Proceedings of the 10th International Conference on Business, Accounting, Finance and Economics (BAFE 2022)
PB  - Atlantis Press
SP  - 37
EP  - 46
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-2-494069-99-2_5
DO  - 10.2991/978-2-494069-99-2_5
ID  - Shi2023
ER  -