供应链金融网络能改善企业碳披露吗?——基于区域治理制度的视角  

Can Supply Chain Finance Network Improve Corporate Carbon Disclosure?——From the Perspective of Regional Governance System

作　　者：张晨[1,2] 季媛璞 孙娇娇 朱卫东[3] ZHANG Chen;JI Yuanpu;SUN Jiaojiao;ZHU Weidong(School of Management,Hefei University of Technology,Hefei,Anhui,China 230009;Laboratory of Data Science and Smart Society,Hefei University of Technology,Hefei,Anhui,China 230009;School of Economics,Hefei University of Technology,Hefei,Anhui,China 230009)

机构地区：[1]合肥工业大学管理学院,合肥230009 [2]合肥工业大学数据科学与智慧社会治理实验室,合肥230009 [3]合肥工业大学经济学院,合肥230009

出　　处：《当代会计评论》2024年第3期103-131,共29页Contemporary Accounting Review

基　　金：国家自然科学基金面上项目“基于多源异构混频数据深度学习的碳金融资产定价理论与方法”(71971071);“碳市场有效性目标驱动的多元异构碳金融产品结构优化理论与方法”(72471068)的资助

摘　　要：商业信用网络对改善供应链层面低碳披露至关重要。本文基于2010—2020年数据研究发现:供应链金融网络的资源和信息获取优势利于企业应对环境问题,中心位置的企业能通过激励研发和提升声誉改善碳披露;区域治理制度在其中发挥不对称作用;结合管理层特质和供应网络地位,供应链金融网络对高管没有金融背景和供应链集中度高的企业碳披露的促进力度更大。通过揭示供应链金融网络对碳披露的影响机制,为推动供应链金融创新和优化环境治理提供启示。Trade credit networks play a critical role in improving carbon disclosure across the supply chain.Using data from 2010 to 2020,this study finds that the advantages of accessing resources and information provided by the supply chain finance(SCF)network enable firms to address environmental concerns,and the central firms in a supply chain can improve carbon disclosure by encouraging R&D investment and enhancing reputation.The regional governance system has an asymmetric impact in the abovementioned relationship.The positive impact of SCF networks on carbon disclosure is more pronounced in firms with senior executives without a financial background and those operating in highly concentrated supply chains.By uncovering the mechanism through which SCF networks affect carbon disclosure,this paper provides insights for encouraging SCF innovation and optimizing environmental governance.

关 键 词：供应链金融网络 商业信用 碳披露 区域治理制度 网络结构嵌入 

分 类 号：F832.5[经济管理—金融学]