Research Article
Environmental Information Disclosure, Technology Innovation and Enterprise Competitiveness: Empirical Data Based on Heavily Polluting Listed Companies
@INPROCEEDINGS{10.4108/eai.2-12-2022.2328722, author={Yu Zhang and Yanjun Cai}, title={Environmental Information Disclosure, Technology Innovation and Enterprise Competitiveness: Empirical Data Based on Heavily Polluting Listed Companies}, proceedings={Proceedings of the 3rd International Conference on Big Data Economy and Information Management, BDEIM 2022, December 2-3, 2022, Zhengzhou, China}, publisher={EAI}, proceedings_a={BDEIM}, year={2023}, month={6}, keywords={environmental information disclosure; technology innovation; nature of ownership; enterprise competitiveness}, doi={10.4108/eai.2-12-2022.2328722} }- Yu Zhang
Yanjun Cai
Year: 2023
Environmental Information Disclosure, Technology Innovation and Enterprise Competitiveness: Empirical Data Based on Heavily Polluting Listed Companies
BDEIM
EAI
DOI: 10.4108/eai.2-12-2022.2328722
Abstract
China's economy is at a stage of high-quality development, and environmental information disclosure is valued by all sectors of society. This paper selects data on heavily polluting listed companies from 2016-2020 as the research sample to study the relationship between environmental information disclosure, technological innovation, and enterprise competitiveness. The results of the study show that environmental information disclosure and technological innovation are conducive to enhancing enterprise competitiveness, but environmental information disclosure weakens the effect of technological innovation in enhancing enterprise competitiveness. Further analysis found that environmental information disclosure has a more significant impact on the relationship between technological innovation and enterprise competitiveness among non-state enterprises and enterprises in the Eastern region. Based on the above, this paper puts forward three suggestions: Heavy polluting enterprises should improve the level of environmental information disclosure and disclose high-quality information; pay attention to R&D investment to enhance technological innovation; and allocate corporate funds reasonably to avoid the investment in environmental information disclosure crowding out the funds needed for R&D and innovation.
