企业ESG履责对盈余持续性的影响  

Impact of Corporate ESG Compliance on Surplus Persistence

作　　者：宋天源 杨永淼[1] SONG Tianyuan;YANG Yongmiao(College of Economics and Management,Shandong Agricultural University,Tai’an 271018,Shandong,China)

机构地区：[1]山东农业大学经济管理学院,山东泰安271018

出　　处：《科技和产业》2024年第22期16-22,共7页Science Technology and Industry

基　　金：山东省人文社会科学课题(2021-JCJJ-02);山东省社会科学规划重大理论与现实问题协同创新研究专项(21CCXJ13)。

摘　　要：以2010-2021的A股上市公司为研究样本,探寻企业ESG履责对盈余持续性的影响及作用机制。研究发现,企业ESG履责对盈余持续性具有显著正向影响。作用机制检验表明,企业ESG履责通过提高外部分析师关注和内部控制来助力盈余持续性的实现。异质性分析显示,与污染产业和空气质量高的地区相比,在非污染产业和空气质量低的地区中,企业ESG履责与盈余持续性的正向关系更加显著。企业应当积极参与ESG信息披露,履行绿色治理责任,以谋取稳定收益和长远发展。The A-share listed companies from 2010 to 2021 were taken as the research sample to explore the impact and mechanism of corporate ESG compliance on surplus sustainability.The study finds that corporate ESG compliance has a significant positive effect on surplus sustainability.The mechanism test shows that corporate ESG compliance contributes to the realization of surplus sustainability by improving external analysts’attention and internal control.Heterogeneity analysis shows that the positive relationship between corporate ESG compliance and surplus sustainability is more significant in non-polluting industries and low air quality regions than in polluting industries and high air quality regions.Enterprises should actively participate in ESG disclosure and fulfill their green governance responsibilities for stable earnings and long-term development.

关 键 词：ESG 盈余持续性 外部分析师关注 内部控制 

分 类 号：F273.1[经济管理—企业管理]