领导干部自然资源资产离任审计与企业环保投资  

Environmental Responsibility Audit of Local Officials and Enterprise Environmental Protection Investment

作　　者：黄溶冰[1] 谢晓君 HUANG Rongbing;XIE Xiaojun(School of Accounting,Zhejiang Gongshang University,Hangzhou 310018,China)

机构地区：[1]浙江工商大学会计学院,浙江杭州310018

出　　处：《商业经济与管理》2022年第9期54-71,共18页Journal of Business Economics

基　　金：国家社会科学基金重点项目“领导干部自然资源资产离任审计推动绿色发展的政策效果与政策优化研究”(21AZD061)。

摘　　要：文章以我国分阶段开展领导干部自然资源资产离任审计试点为契机,利用沪深A股重污染企业和企业所在城市的匹配数据,构建多期双重差分模型,探讨开展领导干部自然资源资产离任审计对企业环保投资的影响。研究发现,审计试点能够显著提升处理组的内部环保投资和绿色并购支出水平。分样本检验的结果表明,因辖区空气质量、官员任期、来源地和企业产权性质的差异,可能会导致晋升压力及政绩考核方式的不同,进而对企业环保投资产生异质性影响。机制检验结果表明,审计试点期间,地方政府主要通过强化环境监管推动企业环境治理行为。文章的研究为考察领导干部自然资源资产离任审计的微观政策效果提供了经验证据和政策启示。In this paper,considering China ’s phased implementation of Off-Office Audit of the Natural Resources Assets of Leading Cadres,by matching the heavily polluted enterprises in A-shares with the cities where the enterprises are located,and constructing a multi period difference-in-difference model,the impact of local officials’ environmental responsibility audit on enterprise environmental protection investment are discussed. The empirical results show that the audit pilot can significantly improve the level of internal environmental protection investment and green M & A expenditure of the treatment group. The results of sub sample test show that due to the differences in the local air quality,tenure and source of local officials,and the nature of enterprise property rights,it may lead to different promotion pressure and performance appraisal mode,and then have a heterogeneous impact on enterprise environmental protection investment. The mechanism test shows that during the audit pilot period,local governments mainly promote enterprises to carry out environmental governance investment by strengthening environmental supervision. The research of this paper provides empirical evidence and policy enlightenment for investigating the micro policy effect of Off-Office Audit of the Natural Resources Assets of Leading Cadres.

关 键 词：领导干部自然资源资产离任审计 企业环保投资 政绩考核机制 双重差分模型 

分 类 号：F239.44[经济管理—会计学]