政治关联、政府干预与社会责任信息披露

Political Connection, Government Intervention and Social Responsibility Information Disclosure

本文研究了政治关联和政府干预对社会责任信息披露的影响,以及这种影响在国有控股公司和非国有控股公司之间的差异。研究结果表明,在国有控股公司中,政治关联公司的社会责任信息披露的概率较低;在非国有控股公司中,政治关联公司的社会责任信息披露的概率较高;在政府干预程度高的地区,政治关联的国有控股公司的社会责任信息披露的概率更低,政治关联的非国有控股公司的社会责任信息披露的概率更高;在政府干预程度低的地区,无论是在国有控股公司还是在非国有控股公司中,政治关联对社会责任信息披露的影响均不显著。

This paper examines the effects of political connection and government intervention on social responsibility information disclosure and the difference this kind of influence in the state-owned firms and non-state-owned firms.It shows that companies with political connection are less likely to disclose social responsibility information in state-owned firms;however,in non-state-owned firms,the possibility to disclose social responsibility information for companies with political connection is higher.