With the development of green finance, environmental information disclosure has an increasing impact on corporate credit. Our research selects the 2014-2018 panel data of 400 A-share listed companies in heavy polluting industries to examine the impact of corporate environmental information disclosure levels on financing costs and credit scale,and further explore the impact of the interactive effect of corporate size and information disclosure level on corporate credit. Research shows that the higher the level of environmental information disclosure of listed companies in the heavy pollution industry, the lower their financing costs and the larger the scale of credit. At the same time, this effect will be enhanced as the scale of the enterprise continues to expand.

Wanglei Yu. Environmental Information Disclosure, Credit Scale and Credit Cost. Academic Journal of Business & Management (2020) Vol. 2, Issue 5: 37-51. https://doi.org/10.25236/AJBM.2020.020505.

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