国有股参股能否提升企业ESG表现？——来自民营上市公司的经验证据 -- 上海财经大学期刊社

27 Burke J J. Do boards take environmental, social, and governance issues seriously? Evidence from media coverage and CEO dismissals[J]. Journal of Business Ethics,2022,176(4):647–671. DOI:10.1007/s10551-020-04715-x

28 Chen S, Han X Y, Zhang Z L, et al. ESG investment in China: Doing well by doing good[J]. Pacific-Basin Finance Journal,2023,77:101907. DOI:10.1016/j.pacfin.2022.101907

29 Guo H, Xu E M, Jacobs M. Managerial political ties and firm performance during institutional transitions: An analysis of mediating mechanisms[J]. Journal of Business Research,2014,67(2):116–127. DOI:10.1016/j.jbusres.2012.11.009

30 He F, Du H Y, Yu B. Corporate ESG performance and manager misconduct: Evidence from China[J]. International Review of Financial Analysis,2022,82:102201. DOI:10.1016/j.irfa.2022.102201

31 Huang Z K, Li L X, Ma G R, et al. The reversal of privatization in China: A political economy perspective[J]. Journal of Corporate Finance,2021,71:102115. DOI:10.1016/j.jcorpfin.2021.102115

32 Laeven L, Levine R. Bank governance, regulation and risk taking[J]. Journal of Financial Economics,2009,93(2):259–275. DOI:10.1016/j.jfineco.2008.09.003

33 Li B, Pan A L, Xu L, et al. Imprinting and peer effects in acquiring state ownership: Evidence from private firms in China[J]. Pacific-Basin Finance Journal,2020,61:101337. DOI:10.1016/j.pacfin.2020.101337

34 Li K H, Xiang Y Y, Zhou C B, et al. Promote or inhibit: State-owned equity participation and family firms’ innovation investment[J]. Journal of Innovation & Knowledge,2023,8(2):100354.

35 Li Y, Shen D H, Wang P F, et al. Investor reactions to local and overseas news: Evidence from A- and H-shares in China[J]. International Journal of Finance & Economics,2021,26(3):4190–4225.

36 Li Y H, Lan F Q. The determinants of adjustment speed of board structure: Evidence from Chinese listed companies[J]. Review of Managerial Science,2021,15(3):725–753. DOI:10.1007/s11846-019-00357-0

37 Luo J H, Huang Z Y, Zhu R C. Does media coverage help firms “lobby” for government subsidies? Evidence from China[J]. Asia Pacific Journal of Management,2021,38(1):259–290. DOI:10.1007/s10490-018-9600-1

38 Richardson G, Wang B, Zhang X M. Ownership structure and corporate tax avoidance: Evidence from publicly listed private firms in China[J]. Journal of Contemporary Accounting & Economics,2016,12(2):141–158.

39 Tian J H, Dong Y, Vagnani G, et al. Green innovation and the stock market value of heavily polluting firms: The role of environmental compliance costs and technological collaboration[J]. Business Strategy and the Environment,2023,32(7):4938–4953. DOI:10.1002/bse.3401

40 Weber O. Environmental, social and governance reporting in China[J]. Business Strategy and the Environment,2014,23(5):303–317. DOI:10.1002/bse.1785

41 Wong J B, Zhang Q. Stock market reactions to adverse ESG disclosure via media channels[J]. The British Accounting Review,2022,54(1):101045. DOI:10.1016/j.bar.2021.101045

42 Xu J C, Zhang H X, Wu W Q. One novel mixed ownership reform and green innovation in private firms: Evidence from China[J]. Emerging Markets Review,2023,57:101076. DOI:10.1016/j.ememar.2023.101076

43 Yang Y, Han J M. Digital transformation, financing constraints, and corporate environmental, social, and governance performance[J]. Corporate Social Responsibility and Environmental Management,2023,30(6):3189–3202. DOI:10.1002/csr.2546

44 Zhang Z Y, Chen H. Media coverage and impression management in corporate social responsibility reports: Evidence from China[J]. Sustainability Accounting, Management and Policy Journal,2020,11(5):863–886.