presentation of model of financial performance based on the disclosure of environmental information in companies listed on the Tehran Stock Exchange (TSE)
Principle 50 of constitution pay attention to protection of environment. Due to the high importance of sustainable development and increasing competitiveness in the field of environmental performance, companies disclose environmental information through the publication of financial statements, explanatory notes, reports of public meetings, media and websites in order to improve their financial performance. The purpose of this research is presentation of pattern of financial performance based on the disclosure of environmental information in companies listed on the Tehran Stock Exchange (TSE). The current research is of a mixed type, which is applied in terms of purpose and descriptive-exploratory and descriptive-correlation in terms of method, so the research was conducted in two parts. In the first part, by studying Persian and English articles and using the 7-step meta-combination model, the variables related to the research model were identified and measured. In the second phase, the relationship between environmental information disclosure and financial performance was investigated by collecting data from listed companies (445 observations including 89 companies during the years 2017 to 2021) in polluting industries (automotive industry and oil industry) and clean industries (food industry and pharmaceutical industry). The findings showed that there is a significant relationship between disclosure of environmental information and financial performance. Also, industry pollution had an effect on this relationship. Paying attention to the disclosure of environmental information, especially in polluting industries, will create value and sustainable development of companies.
- حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران میشود.
- پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانههای چاپی و دیجیتال را به کاربر نمیدهد.