ORIGINAL RESEARCH
Entrepreneur Heterogeneity and Environmental
Information Disclosure in New Energy Industry:
Mediating Role of Environmental Management
Practice
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1
Business School, Jiangsu Normal University, Xuzhou, China
2
College of Economics and Management, Nanjing Forestry University, Nanjing, China
Submission date: 2023-02-24
Final revision date: 2023-04-22
Acceptance date: 2023-04-25
Online publication date: 2023-06-09
Publication date: 2023-07-21
Corresponding author
Wenbo Li
Business School, Jiangsu Normal University, Xuzhou, Xuzhou, China
Pol. J. Environ. Stud. 2023;32(4):3845-3855
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ABSTRACT
Environmental information disclosure is important in implementing enterprise’s environmental
responsibility, which helps to achieve the carbon peaking and carbon neutrality goal. This paper
examines the effect of entrepreneur heterogeneity on environmental information disclosure based on
a large sample of Chinese listed companies in new energy industry over the 2008-2020 period. We found
that entrepreneur heterogeneity can significantly affect environmental information disclosure. Moreover,
environmental management practice can also promote corporate environmental information disclosure
and it works as the mediator between entrepreneur heterogeneity and environmental information
disclosure. Further, through multi-cluster analysis, we found that environmental information disclosure
varies among firms with different characteristics. Our results highlight the importance of environmental
disclosure in corporate strategic decisions and deliver multidimensional implications.