科研管理

科研管理 ›› 2024, Vol. 45 ›› Issue (4): 166-174.DOI: 10.19571/j.cnki.1000-2995.2024.04.018

• 论文 • 上一篇    下一篇

数量或质量：环境信息披露对绿色创新的影响

刘祎1,尹云龙2,杨旭3   

  1. 1.福建省财政厅，福建 福州350117；
    2.中共辽宁省委党校，辽宁 沈阳110004；
    3.福建省发展和改革委员会，福建 福州350117

  • 收稿日期:2023-01-03 修回日期:2023-12-12 出版日期:2024-04-20 发布日期:2024-04-07
  • 通讯作者: 杨旭
  • 基金资助:
    国家社会科学基金项目：“重大突发公共卫生事件政府应急管理组织的协同机制研究”（20BZZ107，2020.09—2023.09）；教育部青年基金项目：“环境规制对绿色矿业发展的影响机制及提升路径研究” (21YJC790102,2021.08—2024.06)；省社科联2024年度辽宁省经济社会发展研究课题研究成果（青年人才项目）：“关于加强我省城乡基层社会治理制度创新的对策研究”（2024lslqnrckt-037，2023.09—2024.09）。

Quantity or quality: The impact of environmental information disclosure on green innovation

Liu Yi1, Yin Yunlong2, Yang Xu3   

  1. 1. Fujian Provincial Department of Finance, Fuzhou 350117, Fujian, China; 
    2. Party School of Liaoning Provincial CPC Party Committee, Shenyang 110004, Liaoning, China; 
    3. Fujian Province Development and Reform Commission, Fuzhou 350117, Fujian, China
  • Received:2023-01-03 Revised:2023-12-12 Online:2024-04-20 Published:2024-04-07

摘要：     绿色创新是“实现经济发展、减少污染”双赢目标的关键。本文以沪深A股重污染上市公司为样本，从“数量”和“质量”两个视角出发，并结合中介效应模型和调节效应模型，考察环境信息披露对绿色创新的影响。研究发现：环境信息披露在推动绿色创新数量提高的同时，对绿色创新质量产生了抑制效应。作用机制方面，环境信息披露对数量和质量的不同影响是通过诱发企业短期化行为传递的。进一步分析显示，提高管理层能力和加大长期机构投资者持股比例能够对企业绿色创新短期化行为进行纠偏。本文的研究有助于更为全面地理解环境信息披露与绿色创新之间的逻辑关系，并为政府环境治理机制的进一步优化以及提升企业核心竞争力提供实践证据。

关键词: 环境信息披露, 创新质量, 创新数量, 绿色创新

Abstract:     Green innovation is the key to achieving the win-win goal of fostering economic development and reducing environmental pollution. This paper innovatively took the "green innovation quantity" and "green innovation quality" as different representations of the green innovation. On this basis, we took China′s Shanghai and Shenzhen A-share heavy polluting listed companies as a sample, and studied the impact of environmental information disclosure on firms′ green innovation by using the mediating effect model and moderating effect model. The results showed that: (1) Environmental information disclosure forces the listed companies to increase the number of green innovations, but reduces the quality of green innovation. This conclusion is still valid after a series of robustness tests. (2) Environmental information disclosure exacerbates short-termism, which crowds out high-quality green innovations. (3) Improving the management ability and increasing the shareholding ratio of long-term institutional investors can correct the green innovation formalism of enterprises. Our results will not only contribute to a more comprehensive understanding of the logical relationship between environmental information disclosure and green innovation, but also provide practical evidence for further optimization of environmental governance and promotion of enterprises′ core competitive capability.

Key words: environmental information disclosure, innovation quality, innovation quantity, green innovation