Exploring China's environmental sustainability reporting and corporate value based on the WIND database: theoretical analysis and empirical research

Abstract

This empirical research paper explores the relationship between environmental sustainability reporting and corporate value in China, utilizing the WIND database. With the growing global focus on environmental issues, China has actively embraced green development principles, encouraging companies to engage in environmental sustainability reporting. This study aims to elucidate the impact of such reporting on corporate value, providing insights for companies to enhance their environmental disclosure practices and guiding investors in their decision-making processes. Employing a combination of theoretical analysis and empirical research, the study constructs a theoretical model to investigate the intrinsic link between environmental sustainability reporting and corporate value. The paper analyzes data from Chinese listed companies, assessing the current state of their environmental reporting and its implications for corporate value. The research findings are expected to contribute significantly to the theoretical understanding and practical application of environmental sustainability in the corporate sector.