制度环境对上市公司环境信息披露的影响研究

发布时间：2018-01-18 09:46

本文关键词：制度环境对上市公司环境信息披露的影响研究　出处：《西南大学》2014年硕士论文　论文类型：学位论文

【摘要】：党的十六大提出,要在21世纪第一个20年促进我国环保事业积极稳步发展,要在改善生态环境的基础上,提高资源利用率,要以提高可持续发展能力为主要目标,以促进人与自然和谐发展为第一要务,使整个社会走上文明、健康的可持续发展道路；2011年12月,第七次全国环境保护大会在北京召开,会上充分肯定了“十一五”环境保护成绩,客观分析了“十二五”环境保护面临趋势,全面部署了“十二五”环境保护工作要务。以上会议的召开表明国家对环境保护问题的重视程度在逐渐增强。企业做为我国经济社会的重要组成部分担负着重要的使命和责任,积极响应国家号召落实环境保护政策最直接有效的方法就是认真做好环境保护工作。企业环境信息披露与企业环境保护有着密切的关系,一方面,企业通过环境信息披露向各利益相关方传达其环境风险和环境表现；另一方面,企业环境信息披露又是社会各界了解和监督企业相关环境活动的重要媒介。因此,环境信息披露作为企业环境保护活动的重要内容,受到了人们的广泛关注。本文在分析了国内外相关文献研究结果和方法的基础上,以信息不对称理论、利益相关者理论、委托代理理论、信号传递理论、企业社会责任理论为理论借鉴,并结合我国特有的研究现状提出研究假设,通过内容分析法、分组检验、多元线性回归方程检验市场化进程、政府监管对我国上市公司环境信息披露的影响。本文选取2008年——2012年作为样本区间,针对在上交所和深交所上市的所有重污染行业的A股公司。重污染行业选取主要依据环保部办公厅颁布的《上市公司环保核查行业分类管理名录》(环办函[2008]373号)以及《上市公司环境信息披露指南》(环办函[2010]78号)。首先通过内容分析法,将环境信息分为披露概况、环境管理、环境成本、环境负债、环境投资、环境业绩与环境治理及政府监管或机构认证7个部分,分别对环境信息披露情况进行打分,最后加总得到企业环境信息披露的总分,再除以可能的最大得分得到环境信息披露指数相对数(EIDIS),然后分别研究市场化进程、政府监管这两个制度环境要素对企业环境信息披露的影响。结论表明：市场化进程对企业环境信息披露失灵；积极有力的政府监管对企业环境信息披露起到显著的促进作用。最后,本文根据前述研究成果,并结合我国制度环境的特殊性,对提高我国上市公司环境信息披露水平提供以下几点政策建议：加健全环境信息披露相关法律法规体系建设、统一企业环境信息披露法律规范标准、建立上市公司环境信息披露联合管理机制、鼓励民间组织机构加入环境信息披露监管体制,辅助政府监管效率、提高上市公司环境保护意识。
[Abstract]:The 16th National Congress of the Communist Party of China proposed that we should promote the positive and steady development of environmental protection in the first 20 years in 21th century, and improve the utilization rate of resources on the basis of improving the ecological environment. To improve the ability of sustainable development as the main goal, to promote the harmonious development of man and nature as the first priority, so that the whole society on the path of civilized and healthy sustainable development; In December 2011, the 7th National Environmental Protection Congress was held in Beijing, which fully affirmed the achievements of environmental protection in the 11th Five-Year Plan and objectively analyzed the trend of environmental protection in the Twelfth Five-Year Plan. The 12th Five-Year Plan was fully deployed. The convening of the above conference indicates that the state is paying more attention to the environmental protection. As an important part of our country's economy and society, enterprises are shouldering important mission and responsibility. The most direct and effective way to implement environmental protection policy is to do a good job of environmental protection. The disclosure of enterprise environmental information has a close relationship with enterprise environmental protection, on the one hand. Enterprises communicate their environmental risks and performance to all stakeholders through environmental information disclosure; On the other hand, the disclosure of enterprise environmental information is an important medium for the community to understand and supervise the related environmental activities of enterprises. Therefore, environmental information disclosure is an important content of environmental protection activities of enterprises. Has received the widespread attention of the people. On the basis of analyzing the research results and methods of domestic and foreign related literature, this paper uses information asymmetry theory, stakeholder theory, principal-agent theory and signal transmission theory. Corporate social responsibility theory for theoretical reference, and combined with the unique research situation in China put forward research assumptions, through the content analysis method, group test, multiple linear regression equation test marketization process. The impact of government regulation on environmental information disclosure of listed companies in China. This paper selects 2008-2012 as the sample interval. For A-share companies in all heavy pollution industries listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange, the selection of heavy pollution industries is mainly based on the classified Directory of Environmental Protection Verification Industries issued by the General Office of the Ministry of Environmental Protection. [(2008] 373) and the Environmental Information Disclosure Guide for listed companies. [First of all, environmental information is divided into disclosure profile, environmental management, environmental costs, environmental liabilities, environmental investment through content analysis. Environmental performance and environmental governance and government regulatory or institutional certification of seven parts, respectively, to score environmental information disclosure, and finally get the total score of enterprise environmental information disclosure. Then divide by the maximum possible score to get the relative number of environmental information disclosure index (EIDIS), and then study the process of marketization. The impact of these two institutional environmental factors on the disclosure of environmental information of enterprises. The conclusion shows that: the process of marketization of environmental information disclosure failure; Active and effective government supervision plays a significant role in promoting the disclosure of enterprise environmental information. Finally, according to the above research results, and combined with the particularity of China's institutional environment. To improve the level of environmental information disclosure of listed companies in China to provide the following policy recommendations: to improve the environmental information disclosure related laws and regulations system construction, unified enterprise environmental information disclosure legal standards. The joint management mechanism of environmental information disclosure of listed companies should be established to encourage non-governmental organizations to join the regulatory system of environmental information disclosure, to assist the efficiency of government supervision and to raise the awareness of environmental protection of listed companies.
【学位授予单位】：西南大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：X322;F832.51;F275

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