Environmental information disclosure and Labour investment efficiency

ABSTRACT

This article examines the correlation between environmental information disclosure and labour investment efficiency (LIE) using a sample of 343 Chinese-listed companies from 2015 to 2019. Empirical results show that firms with a high level of environmental information disclosure (EID) have significantly higher LIE. Further analysis indicates that the higher LIE is achieved by resolving under-hiring problems rather than over-hiring problems. Our findings enrich the labour investment researches in the finance literature and the environment studies in corporate social responsibility (CSR) literature and provide additional evidence for firms to improve EID quality.

KEYWORDS:

• Environmental information disclosure
• labour investment
• labour investment efficiency
• Chinese-listed companies

Data availability statement

The data that support the findings of this study are available from the corresponding author upon reasonable request.

Disclosure statement

No potential conflict of interest was reported by the authors.