2021
DOI: 10.1016/j.spc.2021.03.026
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Quantifying the dynamics between environmental information disclosure and firms’ financial performance using functional data analysis

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Cited by 34 publications
(18 citation statements)
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“…Several researches have been conducted to assess the level of ED and the factors that influence firm environmental information disclosure (ED) [ 9 , 10 , 13 , 15 , [30] , [31] , [32] , [33] , [34] , [35] , [36] , [37] , [38] ]. However, there is no consistent evidence of a standardized ED and ESGR.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Several researches have been conducted to assess the level of ED and the factors that influence firm environmental information disclosure (ED) [ 9 , 10 , 13 , 15 , [30] , [31] , [32] , [33] , [34] , [35] , [36] , [37] , [38] ]. However, there is no consistent evidence of a standardized ED and ESGR.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Ten financial performance indicators were determined through a thorough literature review. These indicators are frequently used in the literature to measure the financial performance of firms in terms of cash flow, debt level, and (Abban and Hasan, 2021;Elyasiani and Jia, 2019;García-Ramos and Díaz, 2020;Lahouel et al, 2021;Ma et al, 2019;Martí-Ballester, 2021;D. Wang et al, 2021)..…”
Section: Discussionmentioning
confidence: 99%
“…By disclosing high-quality environmental information, companies differentiate themselves from companies with weak environmental awareness and attract more media attention. Through the signal transmission function of the media, companies with excellent environmental performance are frequently exposed to the public, which undoubtedly improves the company's social reputation [18]. Thus, this enhancement attracts additional stakeholders in the capital market [61].…”
Section: Social Level: Media Attention Effectmentioning
confidence: 99%
“…External factors mainly refer to the pressure of stakeholders, such as external supervision, institutional elements, and social organizations [15]. Third, from a micro-perspective, the authors of related literature have investigated the impact of EID on corporate financial performance [16][17][18][19], corporate risk [20], environmental performance [21][22][23], location choice [24], and innovation [25]. Whether environmental regulation policies can induce innovation has always been a hot topic of research, and their views are not uniform.…”
Section: Introductionmentioning
confidence: 99%