Environmental information disclosure and firms’ green innovation: Evidence from China

Jinxiu Ding, Zhe Lu and Chin-Hsien Yu

International Review of Economics & Finance, 2022, vol. 81, issue C, 147-159

Abstract: Environmental information regulation has attracted growing attention from policymakers and scholars. We conduct a quasi-natural experiment based on the pollution information transparency index (PITI) assessment for Chinese cities in 2008, applying the difference-in-difference-in-differences estimation to identify the impact of PITI disclosure on firms’ green innovation. Our results demonstrate that environmental information disclosure increases the green patenting activity of high-polluting firms. This positive effect is greater for firms with state ownership, non-foreign ownership, high-tech certification experience, and large firm size. We also find that increased corporate social responsibility following PITI disclosure is the main driving force for increased green patenting.

Keywords: Environmental information disclosure; PITI; Green innovation; Green patents (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:81:y:2022:i:c:p:147-159

DOI: 10.1016/j.iref.2022.05.007

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