党组织参与公司治理与企业绿色创新  

Party Organization Participation in Corporate Governance and Corporate Green Innovation

作　　者：王竞达[1] 曹畅 WANG Jingda;CAO Chang(School of Public Finance and Taxation,Capital University of Economics and Business,Beijing 100070,China)

机构地区：[1]首都经济贸易大学财政税务学院,北京100070

出　　处：《商业经济与管理》2023年第12期37-52,共16页Journal of Business Economics

基　　金：北京市教委—北京市自然科学基金联合资助项目“科创板公司投资价值评估和IPO定价效率合理性测度研究”(KZ202110038047)。

摘　　要：绿色发展是构建高质量现代化经济体系的必然要求,企业绿色创新是解决环境污染问题,实现经济绿色可持续发展的关键所在。文章利用2013—2021年A股上市公司数据,实证检验了党组织参与公司治理对企业绿色创新的影响。研究发现:党组织参与治理有效促进了企业绿色创新“量质齐升”。分析绿色治理效果的作用路径,发现党组织参与治理能够通过提升高管绿色认知水平和强化政府资源支持两条路径发挥作用。考察党组织参与公司治理的约束性因素,从地方政府自身建设角度分析,发现地方政府环保注意力和财政透明度的提升均能促进党组织参与发挥绿色治理效果。从金融政策支持角度分析,发现绿色信贷和绿色基金政策与党组织参与治理能够起到内外部协同治理的效果。分析产生的经济后果,发现党组织参与治理不但有利于减少企业碳排放,实现企业环境目标,还能提升企业经济绩效,实现企业的经济发展目标。文章从企业内部治理的角度出发,为如何提升企业自主绿色创新意愿,促进经济绿色发展提供了有益思考。Green innovation of enterprises is the key to achieving green and sustainable economic development,which is an inevitable requirement for building a high-quality modern economic system and solving the problem of environmental pollution.Based on A-share listed companies data from 2013 to 2021,this paper examines how Party organization participation(POP)in corporate governance affects corporate green innovation.The study finds that POP in governance effectively promoted the“quantitative and qualitative improvement”of enterprises green innovation.Upon analyzing the impact of green governance,it is discovered that POP in governance has two roles:raising awareness among senior executives regarding environmental protection and reinforcing government support towards ecological resources.Through the analysis of the effects of POP in corporate governance,it is found that local governments raising their attention to environmental protection and financial transparency can increase the impact of POP in green governance.Analysis of the financial policies has found that implementing green credit and green fund policies and encouraging POP in governance can enhance the coordinating effects of companies and their landscape.Economic analysis has discovered that POP in governance can have positive outcomes for enterprises,including reducing carbon emissions,achieving environmental goals,improving economic performance,and achieving economic development goals.From the corporate governance perspective,our study provides insights into how enterprises can enhance their independent green innovation willingness to promote the green development of the economy.

关 键 词：党组织 绿色创新 高管绿色认知 碳排放 

分 类 号：F270[经济管理—企业管理]