Information accessibility and corporate environmental protection investments: Evidence from a quasi-natural experiment

Ying Du, Xiaoyu Cui and Baolei Qi

Finance Research Letters, 2024, vol. 69, issue PA

Abstract: This study investigates the impact of information accessibility on corporate environmental protection investments. Exploiting the staggered inclusion of pilot cities under the Broadband China strategy as a positive shock to information accessibility, we find that this policy results in more environmental protection investments of firms located in pilot cities. Furthermore, enhancing environmental protection awareness and green knowledge accumulation are the underlying mechanisms. We also find that the positive association is more pronounced in state-owned firms, firms with more female executives, and firms with less foreign experience executives. Overall, our study sheds light on the environmental implications of information accessibility.

Keywords: Information accessibility; Environmental protection investment; Environmental protection awareness; Green knowledge accumulation; Broadband China strategy (search for similar items in EconPapers)
JEL-codes: D01 D22 D83 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612324011760
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:69:y:2024:i:pa:s1544612324011760

DOI: 10.1016/j.frl.2024.106147

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().