ESG表现对制造业企业绿色低碳转型的影响研究  

Research on the Impact of ESG Performance on Green and Low-carbon Transformation of Manufacturing Enterprises

作　　者：郑蕊[1] 王婧暄 ZHENG Rui;WANG Jingxuan(School of Economics and Management,Xi'an Shiyou University,Xi'an,Shaanxi 710065,China)

机构地区：[1]西安石油大学经济管理学院,陕西西安710065

出　　处：《西安石油大学学报（社会科学版）》2024年第1期38-46,共9页Journal of Xi’an Shiyou University:Social Science Edition

基　　金：陕西省教育厅青年创新团队科研计划项目(23JP126)。

摘　　要：选取我国2012-2020年沪深A股制造业上市公司为样本,探究企业高ESG表现能否促进其绿色低碳转型。研究表明,企业高ESG表现促进其绿色低碳转型;企业高ESG表现显著缓解其融资约束、增加政府环保补助,从而加速企业绿色低碳转型;企业管理层薪酬越高,ESG表现对企业绿色低碳转型的促进作用越强;企业数字化程度在ESG表现促进企业绿色成果产出中起正向调节作用。Selecting Shanghai and Shenzhen A-share listed manufacturing companies from 2012 to 2020 as samples,this paper explores whether high ESG performance of enterprises can promote their green and low-carbon transformation.The results show that the high ESG performance of enterprises promotes their green and low-carbon transformation;The high ESG performance of enterprises significantly alleviates their financing constraints and increases government environmental protection subsidies,thus accelerating the green and low-carbon transformation of enterprises.The higher the management salary of the enterprise,the stronger the promotion effect of ESG performance on the green and low-carbon transformation of the enterprise.The degree of enterprise digitalization plays a positive role in the promotion of ESG performance on the output of enterprise green achievements.

关 键 词：ESG表现 绿色低碳转型 融资约束 政府补助 管理层薪酬 

分 类 号：F272.3[经济管理—企业管理] F832[经济管理—国民经济]