控股家族涉入能促进企业履行环境责任吗?——基于中国A股上市公司的证据
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国家社会科学基金项目(18BJY085)


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    摘要:

    基于2009—2017年我国沪深A股上市公司样本,比较了家族企业与非家族企业所履行的环境责任差异,研究了控股家族涉入对企业环境责任行为的影响。研究结果发现:家族企业比非家族企业更少地履行环境责任;在家族企业中,所有权比例的增加会显著降低环境责任水平,家族成员出任董事长会象征性地披露更多环境责任信息,家族涉入时间与环境责任之间总体上呈现出倒U型关系。进一步研究表明,家族企业会有选择地履行环境责任以维护家族声誉同时减少经济利益损失,控股家族涉入对环境责任的影响在创业型和非创业型家族企业中有所不同,在强制披露的企业中所有权比例对企业环境责任的消极影响会有所减弱。

    Abstract:

    Based on the sample of A-share listed companies in Shanghai and Shenzhen from 2009 to 2017,this paper compares the differences in environmental responsibilities performed by family companies and non-family companies, and studies the impact of the three dimensions of family involvement on the environmental responsibility behavior of family companies. The results of this study show that family companies perform less environmental responsibilities than non-family companies.In family companies, an increase in the proportion of family ownership will significantly reduce the level of environmental responsibilities of family companies, and family members serving as chairman of the board of directors will symbolically disclose more environmental responsibilities information. Generally speaking, there is an inverted U-shaped relationship between family involvement time and environmental responsibility.Further research shows that family firms will selectively perform environmental responsibilities to maintain family reputation while reducing economic loss. The impact of controlling family involvement on environmental responsibility differs between entrepreneurial and non-entrepreneurial family businesses. In family firms with mandatory disclosure, the negative impact of ownership on environmental responsibility will be weakened.

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周志方a, b,赖 宇a,易 玄a,曾辉祥a.控股家族涉入能促进企业履行环境责任吗?——基于中国A股上市公司的证据[J].南京审计大学学报,2020,(6):

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  • 在线发布日期: 2020-12-10
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