【文章摘要】Environmental information disclosure (EID) policies have been used in many jurisdictions, yet the impact on the environment and  economic performance of enterprises remains a question. This study examines China's mandatory EID policy implemented in 2014  as an example of the potential relationship between environmental policy and enterprise performance. We applied a difference-indifferences (DID) and propensity score matching (PSM) sampling method to examine the issue, using a panel dataset of nearly 90  sugar enterprises in Guangxi in China from 2008 to 2016. Earnings before income and tax and pollution emissions are considered as  proxies of economic and environmental performance, respectively. The results show that the 2014 MEID policy has a significantly  positive effect on pollution reduction and a significantly adverse effect on economy. These effects vary with corporation size and  ownership. Production shrinkage appears to be the main reason for pollution reduction in Guangxi's sugar industry rather than  technological innovation in the pollution treatment process. Furthermore, we discuss the study's limitations and policy implications.

【关键词】China's mandatory environmental information disclosure;economic performance;environmental performance;environmental regulation;sugar industry

【文章作者】Jingfang Ge,Wiktor L. AdamowiczWei Si

【作者单位】College of Economics and Management, China Agricultural University, Beijing, China | 2Development Research Center of the Ministry of Water Resources  of P.R. China, Beijing, China | 3Department of Resource Economics and Environmental Sociology, University of Alberta, Edmonton, Alberta, Canada

【发表期刊】Australian Journal of Agricultural and Resource Economics

【基金资助】the National Natural Science Foundation of China (71773122) and China Scholarship Council (201806350040)

【全文下载】Aus J Agri   Res Econ - 2025 - Ge - Can Environmental Regulation Result in Environmental and Economic Improvements .pdf