我国上市公司环境信息披露动因及影响因素研究

发布时间：2018-04-25 21:35

本文选题：环境信息披露 + 公司治理　；参考：《哈尔滨工业大学》2013年硕士论文

【摘要】：当前，我国工业化水平的日益加深，在经济建设方面日新月异的同时，环境污染问题也逐步突显出来。同时，公众的环境意识逐渐加强，追求“绿色投资”、“绿色消费”和“绿色经济”的绿色低碳环保生活理念，对企业的环境信息披露状况关注度提高。虽然我国政府和上市公司对于环境信息披露做出了一定的努力，但是就目前披露的状况来看，上市公司环境信息披露整体水平比较低，如此的披露程度对于改善偌大的环境现状可谓是“杯水车薪”，环境信息披露和环境改善任重而道远。本文运用博弈论的分析方法研究外部因素与上市公司、内部因素和上市公司之间的博弈制衡关系，根据博弈对象的不同分别建立不同的博弈模型，研究上市公司环境信息披露的动因。选取上证A股100家公司，以2008年至2012年作为样本区间，重点研究公司治理的四个层面对公司环境信息披露的影响程度。结合利益相关者、战略姿态、经济绩效、公司特征和公司治理，提出了环境信息披露的五个内部影响因素。在分析内部因素的基础上，，综合地区经济发展水平、社会监督水平、公众的环境保护意识、当地政府环境保护投入等外部因素，提出环境信息披露的综合影响因素。通过多元线性回归分析发现，公司治理中的流通股比例、国有股比例、两职兼任、独董比例、董事会规模、公司监事会规模和外部因素中的公众环保意识等是影响我国上市公司环境信息披露的主要因素。公司治理对信息披露的影响已经得到广泛研究，但是其对环境信息披露的影响鲜有研究，特别是在新兴市场上的研究。随着我国公司治理结构的不断完善，讨论公司治理对环境信息披露的影响具有重要的现实指导意义。
[Abstract]:At present, the industrialization level of our country is deepening day by day, in the aspect of economic construction changes with each passing day, the environmental pollution problem also gradually highlights. At the same time, the environmental consciousness of the public is gradually strengthened, and the green low carbon environmental protection life concept of "green investment", "green consumption" and "green economy" is pursued, and the attention is raised to the environmental information disclosure of enterprises. Although our government and listed companies have made some efforts to disclose environmental information, the overall level of environmental information disclosure of listed companies is relatively low from the point of view of the current disclosure situation. Such a degree of disclosure can be described as "a drop in the bucket" for the improvement of such a large environmental situation, and environmental information disclosure and environmental improvement have a long way to go. In this paper, game theory is used to study the game balance relationship between external factors and listed companies, internal factors and listed companies, and different game models are established according to the different game objects. To study the motivation of environmental information disclosure of listed companies. In this paper, 100 companies of A share in Shanghai Stock Exchange are selected as samples from 2008 to 2012 to study the influence of four levels of corporate governance on the disclosure of corporate environmental information. Combined with stakeholders, strategic posture, economic performance, corporate characteristics and corporate governance, five internal influencing factors of environmental information disclosure are put forward. On the basis of the analysis of internal factors, the external factors such as the level of regional economic development, the level of social supervision, the consciousness of environmental protection of the public and the environmental protection input of the local government are analyzed, and the comprehensive influencing factors of environmental information disclosure are put forward. Through the multiple linear regression analysis, we find that the proportion of circulating shares, state-owned shares, two posts concurrently, the proportion of independent directors, the size of the board of directors in corporate governance, The scale of the board of supervisors and the public awareness of environmental protection in the external factors are the main factors that affect the environmental information disclosure of listed companies in China. The impact of corporate governance on information disclosure has been widely studied, but its impact on environmental information disclosure is rarely studied, especially in emerging markets. With the continuous improvement of corporate governance structure in China, it is of practical significance to discuss the impact of corporate governance on environmental information disclosure.
【学位授予单位】：哈尔滨工业大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F832.51;F275

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