地方环保官员变更,既可能致使环境政策更加严格,又可能导致环境政策出现断层,进而对企业环境信息披露产生重要影响。文章基于环境政策不确定性的研究视角,考察了地方环保官员变更对企业环境信息披露的影响。研究发现:地方环保官员变更对企业环境信息披露具有显著的正向影响,且这种正向影响在国有企业与民营企业中没有明显差异,但随着时间的推移,这种正向影响不断下降。进一步的研究发现,在市场化水平较低、监管距离较近与环境绩效较差的企业中,地方环保官员变更对企业环境信息披露的正向影响更显著。最后,文章对上述正向影响的内在机理进行了探讨,发现地方环保官员变更通过发挥约束效应和激励效应促进民营企业环境信息披露,而仅通过发挥约束效应促进国有企业环境信息披露。研究结论从地方环保官员变更的视角拓展了企业环境信息披露的驱动因素研究,为政府相关部门督促企业承担环境治理的主体责任提供了有益启示。
环境政策不确定性与企业环境信息披露——来自地方环保官员变更的证据
摘要
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引用本文
于连超, 张卫国, 毕茜, 等. 环境政策不确定性与企业环境信息披露——来自地方环保官员变更的证据[J]. 上海财经大学学报, 2020, 22(2): 35-50.
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