股权集中度下的环境绩效对环境信息披露影响研究

2017年党的19大报告明确指出“要提高对污染排放的限制标准,强制披露环境信息”,意味着作为社会责任的重要组成部分,环境披露问题已经成为社会关注的焦点。在此背景下,研究企业环境信息披露的影响因素具有重要的现实意义。本文以采掘业中80家上市公司2010到2018年九年的有关数据为样本,从股权集中度视角实证检验了环境绩效和环境信息披露的关系,结果表明：(1)在重污染企业中,环境绩效对环境信息披露水平存在正向的引导作用;(2)股权集中度在环境绩效对环境信息披露的的影响中起到强化作用;(3)国有企业的股权集中度对环境绩效和环境信息披露的调节作用更显著。

Study on the Influence of Environmental Performance on Environmental Information Disclosure under Ownership Concentration

The 19th National Congress of the Communist Party of China (CPC) in 2017 clearly stated that "pollution emission standards should be raised and environmental information disclosure should be mandatory", which means that as an important part of social responsibility, environmental disclosure has become the focus of social concern. Under this background, it is of great practical significance to study the influencing factors of enterprise environmental information disclosure. Taking the data of 80 listed companies in the extractive industry from 2010 to 2018 as samples, this paper empirically tested the relationship between environmental performance and environmental information disclosure from the perspective of ownership concentration. The results showed that :(1) environmental performance has a positive guiding effect on the level of environmental information disclosure in heavily polluting enterprises; (2) Ownership concentration plays a strengthening role in the impact of environmental performance on environmental information disclosure; (3) The equity concentration of state-owned enterprises has a more significant regulating effect on environmental performance and environmental information disclosure.