告白还是辩白——企业环境表现与环境信息披露关系研究

发布时间：2018-02-10 18:12

本文关键词： 环境表现环境信息披露信号传递理论合法性理论　出处：《南开管理评论》2014年02期 　论文类型：期刊论文

【摘要】：本文以环境信息披露为切入点,从经济学的信号传递理论和政治学的合法性理论两个竞争性的视角,验证企业自愿披露非财务信息的动机。借助自行构建的企业环境表现和环境信息披露评价指标,基于2008-2010年重污染行业上市公司的大样本数据检验发现:(1)企业环境表现与环境信息披露之间存在显著的U型关系;(2)当企业环境表现水平较高时,环境表现越好的企业环境信息披露水平越高,并且信息质量较高;(3)当企业环境表现水平较低时,环境表现越差的企业环境信息披露水平越高,这一特征在国有企业中尤为显著,并且披露的信息以数量而非质量取胜。本文突破了以往基于单一视角和线性关系的研究,在理论和数据等方面丰富了自愿性非财务信息披露的文献。
[Abstract]:This article regards environmental information disclosure as the breakthrough point, from two competitive angles of view: the theory of signal transmission in economics and the theory of legitimacy in political science. To verify the motivation of enterprises to voluntarily disclose non-financial information. With the help of self-constructed enterprise environmental performance and environmental information disclosure evaluation indicators, Based on the large sample data of listed companies in heavily polluted industries from 2008 to 2010, it is found that there is a significant U-type relationship between the environmental performance of enterprises and environmental information disclosure when the level of environmental performance of enterprises is relatively high. The higher the level of environmental information disclosure, and the higher the quality of information, the higher the level of environmental information disclosure, especially in state-owned enterprises. This paper breaks through the previous researches based on single perspective and linear relationship, and enriches the literature of voluntary non-financial information disclosure in theory and data.
【作者单位】：暨南大学管理学院;
【基金】：国家自然科学基金面上项目(71072125、71272214)资助
【分类号】：F233;F205

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