委托代理视角下碳信息披露的减排效应:理论机理与经验证据  

Emission reduction effects of carbon information disclosure from a principal-agent perspective:Theoretical mechanism and empirical evidence

作　　者：范丹[1,2] 杨中园 凡盼来 FAN Dan;YANG Zhongyuan;FAN Panlai(School of Economics,Dongbei University of Finance and Economics,Dalian 116025,China;Center for Econometric Analysis and Forecasting,Dongbei University of Finance and Economics,Dalian 116025,China;School of Applied Economics,University of Chinese Academy of Social Sciences,Beijing 102488,China;Northeast Comprehensive Revitalization Research Institute,Dongbei University of Finance and Economics,Dalian 116025,China)

机构地区：[1]东北财经大学经济学院,大连116025 [2]东北财经大学经济计量分析与预测研究中心,大连116025 [3]中国社会科学院大学应用经济学院,北京102488 [4]东北财经大学东北全面振兴研究院,大连116025

出　　处：《系统工程理论与实践》2024年第7期2194-2212,共19页Systems Engineering-Theory & Practice

基　　金：国家自然科学基金面上项目(72273019);辽宁省教育厅基本科研重大攻关项目(LJKZZ20220121)。

摘　　要：企业碳信息披露作为促进碳市场健康运行的有效支撑,既是贯彻党的二十大报告精神中“推动绿色发展”的重要理念,也是实现“双碳”目标的关键抓手.鉴于此,本文构建了政府、公众参与、污染企业的委托代理模型,从理论和实证两个维度分析与检验现有碳信息披露政策促进碳减排的理论机理与实践效果.研究发现:碳信息披露政策实施后,可以降低城市的碳排放水平;这一政策在率先实施政策的省份与非资源型城市效果更加显著;进一步分析发现公众环境参与度有利于企业碳减排但减排效果较小,而政府对当地环境治理的重视程度和“亲”“清”新型政企关系可以使碳减排效果明显提高;此外,这一政策也可以降低城市二氧化硫排放量,发挥其减污降碳协同作用.本文从学理上揭示了碳信息披露政策的碳减排效果以及其作用机制,有助于相关政府部门通过政企互动和公众参与健全碳信息披露体系,为助力“双碳”目标提供新的理论依据和政策借鉴.As an effective support to promote the healthy operation of the carbon market,corporate carbon information disclosure is not only an important concept of“promoting green development”in the spirit of the Party’s 20th National Congress Report,but also a key starting point to achieve the goal of“double carbon”.In view of this,This paper constructs a principtionagent model of government,public participation and polluting enterprises,and analyzes and tests the theoretical mechanism and practical effect of existing carbon information disclosure policies to promote carbon emission reduction from theoretical and empirical dimensions.The results show that the implementation of carbon information disclosure policy can reduce the carbon emission level of cities.The effect of this policy is more significant in the provinces and nonresource-based cities that take the lead in implementing the policy.Further analysis shows that public environmental participation is conducive to corporate carbon emission reduction,but the emission reduction effect is small,while the government’s attention to local environmental governance and the new“friendly”and“clean”government-business relationship can significantly improve the carbon emission reduction effect.In addition,this policy can also reduce urban sulfur dioxide emissions and play its synergistic role in pollution reduction and carbon reduction.This paper theoretically reveals the carbon emission reduction effect and its mechanism of carbon information disclosure policy,which helps relevant government departments to improve the carbon information disclosure system through government-enterprise interaction and public participation,and provides new theoretical basis and policy reference for the“dual carbon”goal.

关 键 词：碳信息披露 碳排放 委托代理模型 多期双重差分模型 

分 类 号：F061.3[经济管理—政治经济学]