本書以中國滬市上市公司公開的上市公司年報和社會責任報告為主要數(shù)據(jù)來源,在系統(tǒng)的回顧企業(yè)環(huán)境會計相關(guān)理論沿革和國內(nèi)外對上市公司公開社會責任和環(huán)境信息相關(guān)研究的基礎(chǔ)上,對我國上市公司環(huán)境信息披露的種類、質(zhì)量和水平進行了定量和定性兩個方面的研究。并對我國推動上市公司更好的發(fā)布環(huán)境保護信息提出了政策建議。
企業(yè)環(huán)境會計、社會責任研究者和學生/高校、機構(gòu)研究人員和學者
宋鵬,濟南大學,水利與環(huán)境學院地理科學與規(guī)劃系主任,講師。
ABLEOFCONTENTS2
INTRODUCTION4
CHAPTERTWOLITERATUREREVIEW10
2.1Introdu*ion10
2.2TheoriesofCEDintheLiter*ure13
2.3.1Accountability15
2.3.2Decision-usefulnesstheory16
2.3.3Voluntarydisclosuretheory17
2.3.4Legiti*cytheory18
2.3.5Stakeholdertheory21
2.3.6Economics-basedagencytheory22
2.4TheDrivingForcesbehindEnvironmentalDisclosure25
2.4.1Corpor*echara*eristics26
2.4.1.1Corpor*esize26
2.4.1.2Industrialmembe*hip27
2.4.1.3Economicperfor*nce28
2.4.1.4Environmentalperfor*nce30
2.4.2Generalcontextualfa*o*32
2.4.2.1Countryoforigin32
2.4.2.2GeneralSocial-economicandPoliticalContext34
2.4.2.3Regul*ion35
2.4.2.4Publicconcernandmedia*tention38
2.4.2.5Stakeholdergroups41
2.4.2.6Effe*ivetaxr*e43
2.4.3InternalContextualFa*o*44
2.4.3.1TheProcessofreporting45
2.4.3.2Viewsand*titudesofkeycorpor*eplaye*toaspe*sofreporting46
2.5Corpor*eGovernanceandCED48
2.5.1Owne*hipstru*ure48
2.5.1.1Owne*hipconcentr*ion49
2.5.1.2Governmentalowne*hip50
2.5.1.3Foreignowne*hip50
2.5.2Boardposition51
2.5.3Dire*o*’chara*eristics53
2.5.4Othercorpor*egovernancechara*eristics54
2.5.4.1AuditmitteeandCSRmittee54
2.5.4.2Auditquality55
25.4.3Cross-listing55
CHAPTERTHREELITERATUREREVIEWONCEDINTHECHINESECONTEXT59
3.1Introdu*ion59
3.2TheCurrentSitu*ionofEnvironmentalReportinginChina59
3.3Liter*ureReviewonCEDinChina61
3.3.1TheextentandqualityofCEDinChina61
3.3.2Thefa*o*influencingCEDinChina63
CHAPTERFOURTHEORETICALFRAMEWORKANDHYPOTHESESDEVELOPMENT67
4.1Introdu*ion67
4.3HypothesesDevelopment70
4.3.1Owne*hipstru*ure71
4.3.2Boardposition74
4.3.3Dire*o*’chara*eristics78
4.3.4Boarda*ivitiesandotherinternalprocesses81
CHAPTERFIVEMETHODOLOGY85
5.1Introdu*ion85
5.2PhilosophicalAssumptionsandMethodologicalChoicesUnderpinningtheCurrentStudy85
5.3Fi*tEmpiricalInvestig*ion:Modelspecific*ionsandvariables86
5.4SecondEmpiricalInvestig*ion:Qualit*iveOne90
CHAPTERSIXQUANTITATIVEDATAANALYSISANDDISCUSSION91
6.1Introdu*ion91
6.2ResultsoftheDescriptiveSt*istics91
6.2.1Corpor*echara*eristics96
6.2.2Corpor*eenvironmentaldisclosure(CED)index101
6.3ResultsofInferentialAnalysis104
6.3.1Correl*ionmetricsandbivari*eresults104
6.3.2Hierarchicalmultipleregression104
6.3.2.1Resultsofhierarchicalmultipleregression104
6.3.2.2Multicollinearity,linearityandnor*lity111
CHAPTERSEVENQUALITATIVEDATAANALYSISANDDISCUSSION115
7.1Introdu*ion115
7.2Qualit*iveD*aAnalysis:ResultsandDiscussion115
7.2.2Resultsanddiscussion115
7.2.2.1Accountability115
7.2.2.2Regul*ion123
7.2.2.3Industries130
7.2.2.4Governmentowne*hip136
7.2.2.5Economicperfor*nce142
7.2.2.6StakeholderPressure144
7.2.2.7Impression*nagement149
7.2.2.8Roleoftheboardofdire*o*153
7.2.2.9Qualityoftheenvironmentalinfor*tioncurrentlydisclosedbythesampledChineselistedpanies166
7.2.2.10Decision-*kingprocess175
7.2.2.11Cross-listing177
7.2.2.12Peerpressure178
CHAPTEREIGHTCONCLUSIONSOFTHESTUDY180
8.1Introdu*ion180
8.2Sum*ryofMotiv*ionsandtheResearchQuestionsoftheStudy181
8.3MainFindings184
8.3.1Quantit*ivefindings184
8.3.2Qualit*ivefindings193
8.3.3Sum*ryofthefindingsfromthetwostagesofstudy206
8.4Implic*ionsoffindingsforfutureCEDpra*iceinChina208
BIBLIOGRAPHY212