正版 中国上市公司环境信息披露:理论与实践:theories and practi

TABLE OF CONTENTS 2
INTRODUCTION 4
CHAPTER TWO LITERATURE REVIEW 10
2.1 Introduction 10
2.2 Theories of CED in the Literature 13
2.3.1 Accountability 15
2.3.2 Decision-usefulness theory 16
2.3.3 Voluntary disclosure theory 17
2.3.4 Legitimacy theory 18
2.3.5 Stakeholder theory 21
2.3.6 Economics-based agency theory 22
2.4 The Driving Forces behind Environmental Disclosure 25
2.4.1 Corporate characteristics 26
2.4.1.1 Corporate size 26
2.4.1.2 Industrial membership 27
2.4.1.3 Economic performance 28
2.4.1.4 Environmental performance 30
2.4.2 General contextual factors 32
2.4.2.1 Country of origin 32
2.4.2.2 General Social-economic and Political Context 34
2.4.2.3 Regulation 35
2.4.2.4 Public concern and media attention 38
2.4.2.5 Stakeholder groups 41
2.4.2.6 Effective tax rate 43
2.4.3 Internal Contextual Factors 44
2.4.3.1 The Process of reporting 45
2.4.3.2 Views and attitudes of key corporate players to aspects of reporting 46
2.5 Corporate Governance and CED 48
2.5.1 Ownership structure 48
2.5.1.1 Ownership concentration 49
2.5.1.2 Governmental ownership 50
2.5.1.3 Foreign ownership 50
2.5.2 Board composition 51
2.5.3 Directors’ characteristics 53
2.5.4 Other corporate governance characteristics 54
2.5.4.1 Audit committee and CSR committee 54
2.5.4.2 Audit quality 55
25.4.3 Cross-listing 55
CHAPTER THREE LITERATURE REVIEW ON CED IN THE CHINESE CONTEXT 59
3.1 Introduction 59
3.2 The Current Situation of Environmental Reporting in China 59
3.3 Literature Review on CED in China 61
3.3.1 The extent and quality of CED in China 61
3.3.2 The factors influencing CED in China 63
CHAPTER FOUR THEORETICAL FRAMEWORK AND HYPOTHESES DEVELOPMENT 67
4.1 Introduction 67
4.3 Hypotheses Development 70
4.3.1 Ownership structure 71
4.3.2 Board composition 74
4.3.3 Directors’ characteristics 78
4.3.4 Board activities and other internal processes 81
CHAPTER FIVE METHODOLOGY 85
5.1 Introduction 85
5.2 Philosophical Assumptions and Methodological Choices Underpinning the Current Study 85
5.3 First Empirical Investigation: Model specifications and variables 86
5.4 Second Empirical Investigation: Qualitative One 90
CHAPTER SIX QUANTITATIVE DATA ANALYSIS AND DISCUSSION 91
6.1 Introduction 91
6.2 Results of the Descriptive Statistics 91
6.2.1 Corporate characteristics 96
6.2.2 Corporate environmental disclosure (CED index 101
6.3 Results of Inferential Analysis 104
6.3.1 Correlation metrics and bivariate results 104
6.3.2 Hierarchical multiple regression 104
6.3.2.1 Results of hierarchical multiple regression 104
6.3.2.2 Multicollinearity, linearity and normality 111
CHAPTER SEVEN QUALITATIVE DATA ANALYSIS AND DISCUSSION 115
7.1 Introduction 115
7.2 Qualitative Data Analysis: Results and Discussion 115
7.2.2 Results and discussion 115
7.2.2.1 Accountability 115
7.2.2.2 Regulation 123
7.2.2.3 Industries 130
7.2.2.4 Government ownership 136
7.2.2.5 Economic performance 142
7.2.2.6 Stakeholder Pressure 144
7.2.2.7 Impression management 149
7.2.2.8 Role of the board of directors 153
7.2.2.9 Quality of the environmental information currently disclosed by the sampled Chinese listed companies 166
7.2.2.10 Decision-making process 175
7.2.2.11 Cross-listing 177
7.2.2.12 Peer pressure 178
CHAPTER EIGHT CONCLUSIONS OF THE STUDY 180
8.1 Introduction 180
8.2 Summary of Motivations and the Research Questions of the Study 181
8.3 Main Findings 184
8.3.1 Quantitative findings 184
8.3.2 Qualitative findings 193
8.3.3 Summary of the findings from the two stages of study 206
8.4 Implications of findings for future CED practice in China 208
BIBLIOGRAPHY 212

宋鹏，济南大学，水利与环境学院地理科学与规划系主任，讲师。2007年，硕士毕业于山东大学管理学院，技术经济及管理；2017年博士毕业于英国格拉斯哥加利多尼亚大学商学与社会学院，企业风险管理。

本书系统梳理了上市公司环境信息披露领域的相关理论，对当前学术界有关上市公司环境信息披露的研究现状进行了综述和评价。在此基础上，结合中国上市公司环境信息披露的实践和政策背景，以环境信息披露的利益者相关理论和委托-代理理论为理论框架，从定量和定性两个角度对当前我国上市公司环境信息披露的水平、质量进行了系统的分析与评价，并有针对性地对影响环境信息披露水平和质量的上市公司内部环境因素，外部环境因素和企业特征因素进行了探讨和评价。

本书可以作为环境会计、社会会计、企业社会责任以及企业治理等方向本科、研究生的参考教材，也可以作为相关研究领域学者、专家的参考书籍。

    本书基于上市公司年报和社会责任报告，进行了实证研究，并通过访谈等方法，深入的探讨了我国上市公司主动披露环境保护相关信息背后的逻辑。具有很高的学术价值和前沿性，本书提出的政策建议，为完善我国上市公司信息披露制度有很强的实践意义。