政策环境、经营开放性与企业可持续发展信息披露——来自我国电力行业的实证分析

Policy Environment,Open Economy and Corporate Sustainability Information Disclosure——The Empirical Analysis of the Electric Power Industry in China

现有反映企业综合信息披露的相关研究主要集中在社会责任报告,而对企业可持续发展报告及信息研究较少。本文介绍了可持续发展报告与信息的相关概述,并从政策环境和经营开放性两个角度,采用我国电力行业2006-2015年披露的相关信息进行实证分析。结果表明,可持续发展信息披露及披露质量与政策指数显著正相关,与经营开放程度存在一定相关关系,这为我国政府对可持续发展信息披露的引导及企业披露相关信息提供了经验证据。

The existing research on the comprehensive information disclosure of enterprises is mainly focused on the social responsibility report,while the research on the sustainable development report and information is less.This paper introduced the sustainability report and summary of the relevant information.From the perspective of policy environment and open economies,this paperused 2006-2015 information of electric power industry in China to make the empirical analysis.Results showed that the level of information disclosure of sustainable development is significantly positively correlated with the policy index,and there is a certain relationship between the degree of economic openness and the disclosure.The conclusions provide empirical evidence for the government's guidance on the information disclosure of sustainable development and for corporates' disclosure of relevant information.