Paper Infomation
Does Environmental Justice Specialization Promote Corporate Environmental Disclosure？
Full Text(PDF, 1386KB)
Author: Yao Yu
Abstract: Based on the quasi-natural experiment that environmental courts have been gradually established in intermediate people's courts in China, this paper takes A-share listed companies from 2006 to 2019 as the research samples to study the impact of the environmental justice specialization on the environmental information disclosure of listed enterprises. The research shows that environmental justice specialization significantly improves the participation and quality of listed enterprises’ environmental information disclosure, and this positive effect is more significant for state-owned companies and companies in heavy pollution industry. Therefore, local courts should actively promote the construction of environmental justice specialization in China and improve the judicial system. At the same time, the government should adopt reasonable incentive measures to guide private enterprises to strengthen their awareness of fulfilling social responsibilities and promote the dissemination of environmental information disclosure from heavy pollution industry to all listed enterprises, which will promote the maximum effectiveness of the environmental justice system.
Keywords: Environmental Justice Specialization, Environmental Court, Environmental Information Disclosure
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