公司治理、政治关联与环境绩效被引量：17

Corporate Governance, Political Connection and Environmental Performance

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摘要以沪市A股重污染行业上市公司为研究对象,运用J-F系数法从环保目标、法规和惩处构建环境绩效,考察了公司治理和政治关联对环境绩效的影响,探讨了政治关联在公司治理和环境绩效关系中的作用。研究结果表明,股权性质、董事会规模和两权分离促进了环境绩效,政治关联与环境绩效呈负相关关系,政治关联会抑制公司治理对环境绩效的正向提升作用,拓展了环境绩效的研究视角,为提升公司治理和环境绩效水平提供了经验证据。 Using listed companies in heavy polluting industry as the research object from 2009 to 2014. We calculate environmental performance from environmental objectives, rules and punishment. The paper investigates relationship between corporate governance, political connection and environmental performance, and explores the role of political connection in environmental performance and corporate governance. The study finds that the state, board size and separation of ownership improve environmental performance, the political connection and environmental performance has a significant negative relationship, the enhancing the level of political connection weaken the positive impact of corporate governance to increase the environmental performance, we provide empirical evidence for corporate governance, political connection and environmental performance.

作者叶陈刚王孜武剑锋

机构地区对外经济贸易大学国际商学院北京第二外国语学院国际商学院

出处《当代经济管理》 CSSCI 2016年第2期19-25,共7页 Contemporary Economic Management

基金国家社会科学基金重点项目(13AZD002) 国家留学基金建设高水平大学公派研究生项目(201406640032) 大信审计教育研究基金的阶段性研究成果。

关键词公司治理政治关联环境绩效环境溢价社会责任 corporate governance political connection environmental performance environmental premium corporate social responsibility

分类号 F276 [经济管理—企业管理]

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