Corporate Collaboration Culture and ESG Disclosure: Evidence from China

Drawing on a panel of Chinese A-share listed companies from 2015 to 2022, this study investigates the relationship between corporate collaboration culture and the quality of ESG information disclosure. The empirical evidence suggests that collaboration culture exerts a significant positive effect on disclosure quality. The mechanism analysis indicates that this influence arises mainly through two channels: reducing managerial myopia and encouraging more frequent site visits by institutional investors. Additional heterogeneity tests show that the effect of collaboration culture is particularly salient in state-owned enterprises and in firms operating in contexts characterized by stronger social trust and more intense industry competition. Overall, the study contributes to the literature by deepening understanding of the determinants of ESG disclosure and by offering theoretical and empirical support for the ongoing development of institutional arrangements governing ESG reporting.