【作者】 唐久芳； 刘呈庆； 高燕；

【Author】 Tang Jiufang 1 Liu Chengqing2 Gao Yan3 (1.Business School, Hunan University of Science and Technology,Xiangtan Hunan,411201,China; 2. Research Center for Sustainable Development, Shandong Normal University , Jinan Shandong 250014, China ; 3. China Institute of Industrial Relations, Beijing, 100048, China)

【机构】 湖南科技大学商学院； 山东师范大学可持续发展研究中心； 中国劳动关系学院；

【摘要】 强化上市公司的环境信息披露责任,强制上市公司履行和承担环境责任,已成为和谐社会建设刻不容缓的任务。本文以湖南省上市公司为样本,采用Logistic模型研究上市公司财务状况对环境信息披露的影响。研究结论表明:公司盈利能力与环境信息披露正相关,盈利能力越强的公司越倾向于披露环境信息;企业规模与环境信息披露正相关,规模大的公司更有动力披露环境信息,以减少信息不对称而产生的代理成本;发展能力、上市公司的负债程度与环境信息披露负相关,但不显著。同时,重污染行业与环境信息披露正相关,重污染行业为向社会传递其主动承担环保责任的信息,环境信息披露比例高于非重污染企业,且披露的环境信息内容丰富。本文对提高环境信息透明度、规范上市公司环境信息披露提出了相应的政策建议。更多还原

【Abstract】 Listed companies have been strengthened responsibility of environmental information disclosure, enforced to perform and take environmental responsibility. It has been the urgent task to build a harmonious society. The paper selects A-share listed companies of Hunan Province of China. Using Logistic model, we research the impact of financial performance of listed companies upon environmental reporting. The conclusion of the study shows that there are correlation between profitable firms and reporting environmental information. The more profitable companies more like to disclose environmental information. Moreover, the size of Listed companies are correlation to reveal environmental information .Large companies will have ability to disclose environmental information so as to reduce the agency costs arising from information asymmetry. Development capacity and the liabilities degree of listed companies are negative correlation to environmental information disclosure, but it is not significantly. Furthermore, heavily polluting industries are related to environmental disclosure, they deliver their active social responsibility of environmental protection. Their environmental information disclosure is higher than in non-heavily polluting enterprises. Their environmental information contents reported by heavy pollution corporations were rich. This paper also offers policy recommendations that we should enhance environmental information transparency and regulate environmental information reporting of listed companies.更多还原