党委参与公司治理对国有企业履行环境责任的影响研究

A Study on the Impact of the Party Committee Participation in Corporate Governance on SOEs'Performance of Environmental Responsibility

近年来,国有企业党委参与公司治理所产生的效果已成为学术界关注的焦点。在国家大力推动企业实施绿色转型这一背景下,根据《中国共产党国有企业基层组织工作条例(试行)》,并参考有关国有企业党委参与公司治理的政策法规,从四个维度共计32项二级指标构建了国有企业党委参与公司治理的定量评价指数,以2013—2020年在A股上市的重污染国有控股公司为样本,研究了党委参与公司治理对国有企业履行环境责任的影响。实证结果表明,党委参与公司治理可有效促进国有企业的环保投资。同时,随着国有企业实施混改,党委参与公司治理能够有效降低混改过程中对企业环保投资产生的不利影响。

In recent years,the effect ofcorporate governanceof state-owned enterprises participated by Party committees has become the focus of academic circles.In the context of thegreen transformation implemented by enterprises,which is promoted vigorously by the state,this paper constructsthe quantitative evaluation indexfor the Party commitee participation in corporate governance of SOEs with a total of 32 secondary indicators from four dimensions in accordance with The Regulations on the Work of CPC Grassroots Organizations in State-Owned Enterprises(Trial),and with reference to the policies and regulations related to the Party committee participation in corporate governance of SOEs.Taking the heavily polluting state controlled companies listed in A-share market from 2013 to 2020 as samples,this paper studies the impact of the Party committee participation in corporate governance on the fulfillment of SOEs'environmental responsibilities.The empirical results show that the Party committee participation in corporate governance can effectively promote the environmental protection investment of SOEs.At the same time,with the implementation of the“mixed ownership reform”in SOEs,the Party committee participation in corporate governance can effectively reduce the adverse impacts on the environmental protection investment of SOEs in the process of the“mixed ownership reform”.