Study on Environmental Disclosure Quality and Cost of Equity Capital

摘要：

　　This study examines the relationship between the quality of a firms environmental disclosure and cost of equity capital based on the sample of chemical listed companies.We measure environmental disclosure quality using a disclosure index consistent with the Global Reporting Initiative (GRI, 2006).In addition to overall disclosure quality, we consider the type (i.e., hard/soft) of the disclosure in our analysis by the multiple regression method.Our analyses provide evidence that environmental disclosure besides the soft and hard environmental disclosure is not significantly associated with the cost of equity capital.

关键词： Environmental disclosure Cost of equity capital Chemical listed companies

作者: Li-ping SU Xin-yue CHEN

作者单位: School of Economics & Management Inner Mongolia University of Science & Technology Baotou,Inner Mongolia P.R., China

会议类型: 国际会议

会议名称: 2018 International Conference on Physics, Computing and Mathematical Modeling(PCMM2018)(2018年物理计算和数学建模国际学术会议)

会议地点: 上海

会议语种:英文

页码: 628-632

在线出版日期: 2018-04-15（万方平台首次上网日期，不代表论文的发表时间）