归属院系：

经济学院（数字经济学院）

作者：

夏忠维

导师：

肖忠意

导师单位：

商学院（监察审计学院）

学位：

硕士

语种：

中文

关键词：

绿色金融, ESG, 信息披露

摘要：

企业环境相关信息披露对于维护资本市场的健康运作至关重要，有助于消除与利益相关方之间的信息不对称。然而，学术界普遍认为ESG信息披露存在选择性、自利性和应对性等问题，企业往往将其视为对外部压力的被动反应，甚至有企业故意隐瞒ESG信息。针对这一现象，本文通过研究绿色金融政策对企业ESG披露的影响，旨在进一步探讨在缺乏强制性ESG信息披露制度的背景下，绿色金融政策的效果与作用。本文以《关于构建绿色金融体系的指导意见》这一标志性绿色金融政策的出台为准自然实验，选取2009年至2022年沪深A股上市公司为样本，采用双重差分模型实证检验绿色金融政策对企业ESG信息披露的内在影响、作用机制与异质性。研究结果表明：（1）绿色金融政策能够显著规范企业的ESG信息披露行为。（2）绿色金融政策能够通过企业绿色化转型、环境竞争优势以及环境信息透明度来促进企业的ESG信息披露。（3）外部关注、投资者参与、企业内部管理和企业自我意识能够显著加强绿色金融政策对于企业ESG信息披露的推动作用。（4）绿色金融政策对于企业ESG信息披露的促进作用在环境污染更严重、公众环境关注度更低以及法治环境更不完善的区域更为强大，凸显了其在环境落后地区的规范作用。本文的研究旨在促进经济可持续发展与金融市场的稳定，为完善国家绿色金融体系、推动企业绿色健康发展提供有益的思路和建议。

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学科：

应用经济学

提交日期：

2025-05-27

引用参考：

夏忠维. 绿色金融政策影响企业ESG信息披露的机制研究[D]. 西南政法大学,2025.

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