企业失责行为与居民的选择性反应——来自上市企业的证据

发布时间：2018-03-26 07:42

本文选题：企业社会责任　切入点：居民选择性反应　出处：《经济学(季刊)》2017年01期

【摘要】：本文根据企业失责行为曝光后的市场表现,分析居民的反应特征和市场监督效应。结果显示,居民对企业不同类型失责行为的反应具有选择性。对于利害关系直接并且权责明晰的产品质量和安全事故问题,居民反应强烈。对社会危害较大但负外部性较强的环境污染问题,居民反应淡漠。居民的选择性反应使企业可以借助资金实力或市场地位改善其收益,弱化社会监督效应。所以,市场对环境污染没有约束力,环境保护只能依赖于政府管制。
[Abstract]:In this paper, according to the market performance after the enterprise's malpractice is exposed, the characteristics of residents' reaction and the effect of market supervision are analyzed. Residents' response to different types of corporate default is selective. For product quality and safety accidents with direct interest and clear authority and responsibility, The residents' response is strong. The environmental pollution problem, which is more harmful to the society but with strong negative externalities, is indifferent to the residents' response. The selective response of the residents enables the enterprises to improve their profits by means of the capital strength or the market position. Therefore, the market is not binding on environmental pollution, environmental protection can only rely on government regulation.
【作者单位】：华中科技大学经济学院;中国中投证券博士后科研工作站;
【基金】：全国优秀博士学位论文作者专项资金资助项目“交互(分组)效应面板数据模型理论与应用研究”(201304) 国家自然科学基金面上项目“平衡/非平衡交互效应面板SVAR模型的估计量与应用研究”(71271096) 中央高校基本科研业务费(2014TS151)资助
【分类号】：F270

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