Investigating the relationship between environmental accounting and disclosure quality in Tehran Stock Exchange companies
This study investigated the relationship between environmental accounting and disclosure quality in companies listed on the Tehran Stock Exchange during the years 1396 to 1400. The statistical population included 139 companies, which were analyzed by panel data regression method in EViews software.
Key findings:
The results showed that there is a positive and significant relationship between environmental accounting and disclosure quality (disclosure quality coefficient: 0.017 with a significance level of 0.0095). In other words, improving the quality of disclosure leads to the improvement of environmental accounting.
Among the control variables, company size and asset return had a negative effect on environmental accounting, while financial leverage and company losses did not show a significant relationship.
The research model with a coefficient of determination of 0.45 and statistical tests (such as VIF below 5 and Durbin-Watson 2.11) had high reliability.
Conclusion:
Disclosing high-quality environmental information not only increases the legitimacy of companies, but also helps to improve the environmental accounting system
These findings are consistent with studies such as Bechir et al. (2021) and Mohammad et al. (2020). The present research emphasizes the importance of paying attention to environmental disclosure standards in Iranian companies.
Keywords: environmental accounting, disclosure quality, Tehran Stock Exchange, sustainable development.