上市公司环境绩效披露与真实环境绩效关系

The Relationship Between Environmental Performance Disclosure and Real Environmental Performance of Listed Companies

选取2010—2021年中国沪深A股上市公司为样本,基于泊松回归模型,探讨上市公司环境绩效披露与真实环境绩效之间的关系。研究发现,企业真实环境绩效与环境绩效披露显著负相关,真实环境绩效越差的企业,环境绩效披露越积极,论证了污染型企业出于合规性、形象塑造等目的在环境信息披露中存在“绿色清洗”风险。应完善环境会计信息披露制度,探索构建第三方环境审计制度,引导企业强化绿色发展环保意识,为监管方、利益相关者减少信息不对称、更好做出决策提供参考。

By selecting Chinese A-share listed companies in Shanghai and Shenzhen from 2010 to 2021 as samples and based on Poisson regression model,the relationship between environmental performance disclosure and true environmental performance of listed companies is empirically investigated.It is found that the real environmental performance of enterprises and environmental performance disclosure are significantly negatively correlated,and the worse the real environmental performance is,the more positive the environmental performance disclosure is,which proves that there is a risk of“greenwashing”in environmental information disclosure of polluting enterprises for the purpose of compliance and image shaping,etc.We should improve the environmental accounting disclosure system,explore the construction of a third-party environmental auditing system,guide enterprises to strengthen the environmental awareness of green development,and provide reference for regulators and stakeholders to reduce information asymmetry and make better decisions.