The Impact of Environmental Information Disclosure on Corporate Value

Building a modern environmental governance system requires companies to actively participate in environmental information disclosure. This paper uses China A-share listed companies as a sample to study how environmental information disclosure affects corporate value. The paper draws the following conclusions: first, environmental information disclosure is significantly and positively related to corporate value; second, environmental information disclosure can enhance corporate value by enhancing investors' network interaction. Finally the paper puts forward relevant policy recommendations on how to promote corporate environmental information disclosure.