网络安全意识、网络风险管理和企业价值

Cybersecurity Awareness,Cyber Risk Management and Enterprise Value

信息技术的快速发展在为企业带来机遇的同时,也带来了网络安全风险,对这一风险的管理和防控对企业发展愈发重要。在此背景下,本文首次以中国上市企业为研究对象,分析中国企业网络风险管理的实施情况,利用2012~2022年中国A股上市企业的年度报告,采用文本分析法构建了网络安全意识得分和网络风险管理指标,并实证评估实施网络风险管理的影响因素和价值关联。研究发现,无论哪个行业,网络安全意识得分都在不断增强,实施网络风险管理的企业数量不断增加,实施网络风险管理与企业价值之间存在显著的正相关关系。本文首次研究了网络风险管理在中国的实施情况,弥补了国际上对该领域的区域研究空白,并深入探讨了企业实施网络风险管理影响企业价值的作用机制,对于完善企业网络风险管理、进一步规范企业全面风险管理并提升企业价值具有重要的指导意义。

The rapid development of information technology presents opportunities for businesses but also brings about various cy-bersecurity risks.Managing and controlling network risks has become more and more important for enterprises.Against this back-drop,this paper,for the first time,focuses on Chinese listed companies to analyze the implementation of network risk management in Chinese enterprises.Utilizing annual reports of A-share listed companies in China from 2012 to 2022,the study employs text a-nalysis to construct scores for cybersecurity awareness and network risk management indicators.It empirically assesses the influen-cing factors and value associations of implementing network risk management.The research reveals that,across industries,cyberse-curity awareness scores are being continually strengthened,and the number of enterprises implementing network risk management is increasing.There is a significant positive correlation between the implementation of network risk management and enterprise val-ue.This paper,by investigating the implementation of network risk management in China,and elaborating on the working mecha-nism for enhancing corporate value through the implementation of network risk management,fills a gap in international regional studies in this field.It holds significant guiding implications for refining enterprise network risk management,further standardizing comprehensive enterprise risk management,and enhancing corporate value.