社会责任信息披露对政治背景与银行信贷关系的影响研究

发布时间：2018-03-07 07:21

本文选题：政治背景　切入点：社会责任信息披露　出处：《湖南大学》2014年硕士论文　论文类型：学位论文

【摘要】：近年来，社会责任信息披露已成为公众关注的焦点。国内外学者对社会责任信息披露的研究，从早期对社会责任信息披露内容界定和质量描述的规范研究，到现在日益丰富的对社会责任信息披露影响因素、经济后果的实证研究，社会责任信息披露的研究领域一直在不断拓展。尤其是2007年和2012年出台的有关绿色信贷政策的文件，将环境、社会表现与企业信贷资源的获取紧紧地捆绑在一起，掀起了一股披露企业社会责任报告的风潮。然而，，在我国经济转型的大环境下，政府依然在经济资源配置中扮演着重要角色。已有众多研究证实，政治背景对企业获取信贷资源至关重要，并称之为政治背景的贷款效应。那么，绿色信贷政策引发的社会责任信息披露会如何影响政治背景的贷款效应？社会责任信息披露的上述影响是否会因不同类型政治背景的叠加作用而存在差异？本文以披露了2009——2011年年度社会责任报告的A股上市公司为研究对象，共得到1066个研究样本。在寻租理论、合法性理论和社会资本理论的基础上，实证检验了社会责任信息披露对政治背景与银行信贷关系的影响。研究结果表明，政府控制和政治关联均与银行信贷呈显著正相关关系；企业社会责任信息披露会增强政府控制和政治关联的贷款效应；政治关联会增强企业社会责任信息披露对政府控制贷款效应的调节作用，政府控制会削弱企业社会责任信息披露对政治关联贷款效应的调节作用。最后，本文根据得到的实证检验结果及相关分析提出政策建议，即规范银行信贷决策，督促执行绿色信贷政策；实现政企分离，消除银行信贷市场化改革的制度性障碍；培养理性市场主体，优化银行业结构。
[Abstract]:In recent years, social responsibility information disclosure has become the focus of public attention. Nowadays, there are more and more empirical studies on the factors affecting the disclosure of social responsibility information, the economic consequences, and the research field of social responsibility information disclosure, especially the documents on green credit policies issued on 2007 and 2012. The environment, social performance and the acquisition of corporate credit resources are closely tied together, and a wave of disclosure of corporate social responsibility reports has been launched. However, in the context of the economic transformation of our country, The government still plays an important role in the allocation of economic resources. Many studies have confirmed that political background is essential for enterprises to obtain credit resources, and it is called the loan effect of political background. How does the disclosure of social responsibility information induced by green credit policy affect the loan effect of political background? Will the above effects of social responsibility information disclosure vary by the superposition of different types of political backgrounds? This paper takes A share listed companies which have disclosed the annual social responsibility report from 2009 to 2011 as the research objects, and obtains 1 066 research samples. Based on rent-seeking theory, legitimacy theory and social capital theory, Empirical test of the impact of social responsibility information disclosure on the relationship between political background and bank credit. The results show that government control and political association are significantly positive correlation with bank credit; The disclosure of corporate social responsibility information will enhance the loan effect of government control and political association, and political association will enhance the regulatory effect of corporate social responsibility information disclosure on government control of loan effect. Government control will weaken the regulatory effect of corporate social responsibility information disclosure on politically related loans. Finally, based on the empirical results and relevant analysis, this paper puts forward some policy recommendations, that is, to regulate bank credit decisions. To urge the implementation of green credit policy, to realize the separation of government and enterprise, to eliminate the institutional obstacles to the market-oriented reform of bank credit, to train the rational market subject and to optimize the banking structure.
【学位授予单位】：湖南大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F275;F832.4

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