Proceedings of the 2016 7th International Conference on Education, Management, Computer and Medicine (EMCM 2016)

Does Environmental Information Disclosure Increase the Firm Value and Investors' Confidence

Authors
Tangmei Yuan
Corresponding Author
Tangmei Yuan
Available Online February 2017.
DOI
10.2991/emcm-16.2017.158How to use a DOI?
Keywords
Environmental information disclosure; Firm value; Investors' confidence
Abstract

Use all A-share listed companies of main board market in 2012 as samples, this paper investigate the influence of environmental information disclosure behavior on the firm future market value and investors` confidence in capital market. The research conclusion indicate that: (1)The listed companies` environmental information disclosure behavior index and environmental information disclosure quality index are both significantly positive correlation with the company's next seasonal added value; (2)The disclosure quality significantly positive correlation with investor confidence. In short, the high quality of disclosure of environmental information can significantly improve the company value and investors' confidence in Chinese capital market.

Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2016 7th International Conference on Education, Management, Computer and Medicine (EMCM 2016)
Series
Advances in Computer Science Research
Publication Date
February 2017
ISBN
10.2991/emcm-16.2017.158
ISSN
2352-538X
DOI
10.2991/emcm-16.2017.158How to use a DOI?
Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Tangmei Yuan
PY  - 2017/02
DA  - 2017/02
TI  - Does Environmental Information Disclosure Increase the Firm Value and Investors' Confidence
BT  - Proceedings of the 2016 7th International Conference on Education, Management, Computer and Medicine (EMCM 2016)
PB  - Atlantis Press
SN  - 2352-538X
UR  - https://doi.org/10.2991/emcm-16.2017.158
DO  - 10.2991/emcm-16.2017.158
ID  - Yuan2017/02
ER  -