摘要
环境信用评级结果能否提升企业经济效益、其影响经济效益的作用路径是什么,对这些问题的研究有助于企业认可、参与和践行环境信用评级及公开制度。基于内蒙古自治区4个城市298份企业问卷调查数据,采用多元有序Logistic模型和中介效应模型实证分析了环境信用评级结果改进对企业经济效益的影响及作用机理。结果显示:1)环境信用评级结果改善对企业经济效益现状及其变化情况均具有显著正向影响,同时经济效益提升受到企业自身及管理者特征的综合影响。2)环境信用评级结果改善有助于企业获取政府政策支持、增加外部投资、促进市场销售增长、提高社会声誉、推进技术创新及优化管理体制,进而实现经济效益的持续增长。3)市场销售增长及投资者投资激励变量的中介效应最大,而企业管理优化变量的中介效应最小,表明企业外部因素的中介效应较大,而内部因素的中介效应偏小。研究结论有助于理解环境信用评级结果与企业经济效益之间的内在关联,可为完善企业环境信用评级及公开制度、实现经济效益与环境效益的协调发展提供政策启示。
To explore whether the environmental performance rating results improves the economic benefits of corporates and discusses its mechanism will help corporates to recognize,participate in and practice corporate environmental performance rating and disclosure system.Based on the survey data of 298 corporates in four cities of Inner Mongolia,we empirically analyze the impact of the improvement of environmental performance rating results on corporates'economic benefits and the mechanism by using multiple ordered logistic model and intermediary effect model.The results show that:1)The improvement of corporate environmental performance rating results has a significant positive impact on the current situation and the changes of corporates'economic benefits.At the same time,the development of economic benefits is comprehensively affected by the characteristics of corporates and their managers.2)The improvement of environmental performance rating results can help corporates to obtain government's policy support,increase external investments,promote market sales growth,improve corporates'social reputation,encourage corporates'technological innovation and optimize management system,and ultimately achieve sustained economic growth.3)The mediating effect of market sales growth and investors'investment is the largest,while the effect of corporates'management system optimization is the smallest,indicating that the mediating effect of corporates'external factors is larger,while the effect of internal factors is smaller.The findings of this paper clarify the internal mechanism between environmental performance rating results and corporates'economic benefits and provide policy implications for improving corporates'environmental performance rating and disclosure system and achieving the coordinated development of economic and environmental benefits.
作者
武照亮
王斌
曹虎
武丽娟
WU Zhaoliang;WANG Bin;CAO Hu;WU Lijuan(School of Environment and Natural Resources,Renmin University of China,Beijing 100872;Shanxi Provincial Key Lab of Resources,Environment and Disaster Monitoring,Coal Geological Geophysical Exploration Surveying and Mapping Institute of Shanxi Province,Jinzhong 030600,China)
出处
《干旱区资源与环境》
CSSCI
CSCD
北大核心
2023年第6期46-55,共10页
Journal of Arid Land Resources and Environment
基金
国家社会科学基金重大项目(20&ZD092)资助。
