AUTHOR=Du Lizhao , Wang Xinpu , Peng Jie , Jiang Gaoyang , Deng Suhao TITLE=The impact of environmental information disclosure quality on green innovation of high-polluting enterprises JOURNAL=Frontiers in Psychology VOLUME=13 YEAR=2022 URL=https://www.frontiersin.org/journals/psychology/articles/10.3389/fpsyg.2022.1069354 DOI=10.3389/fpsyg.2022.1069354 ISSN=1664-1078 ABSTRACT=

With the gradual increase of social awareness of environmental protection, environmental information disclosure has become the key for enterprises to accept social supervision and fulfill their social responsibility. This study examines the high-polluting enterprises that were listed on Chinese A-shares between 2008 and 2021. The influence of environmental information disclosure quality on green innovation is examined using ordinary least squares (OLS) as a benchmark model. The results show that the improvement of environmental information disclosure quality of high-polluting enterprises can significantly improve the quantity and quality of green innovation of enterprises and are mediated by alleviating financing constraints and enhancing cash reserves. Moreover, improving the quality of environmental information disclosure of highly polluting enterprises has a more significant contribution to the quantity and quality of green patents of non-state-owned enterprises, enterprises located in central and eastern China, and large enterprises. The findings of this paper provide theoretical support for achieving a “win-win” situation of environmental protection and green innovation.