This study investigates the impact of green supply chains on firms' environmental information
disclosure, utilizing the Supply Chain Innovation and Application Pilot Policy (SCIAPP) as a quasinatural
experiment. It explores the policy's effect by employing a difference-in-differences (DID)
model with panel data from A-share listed firms in China spanning from 2012 to 2021. The findings
indicate that, firstly, SCIAPP significantly enhances environmental information disclosure among
pilot firms, suggesting that green supply chains foster such disclosures. Secondly, SCIAPP's impact
mechanism involves improving executives' environmental awareness and bolstering external media
scrutiny. Thirdly, SCIAPP's effect is more pronounced in firms with stronger internal controls and those
located in regions with higher environmental concerns. Based on these conclusions, the study proposes
recommendations to advance the development of green supply chains and promote firms' environmental
information disclosure.
CONFLICT OF INTEREST
The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper.
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