In recent years, the infringements of information disclosure are conspicuous in listed companies in China, which has seriously impeded the healthy development of the capital market. In this paper, the results of regul...In recent years, the infringements of information disclosure are conspicuous in listed companies in China, which has seriously impeded the healthy development of the capital market. In this paper, the results of regulations of the infringements by means of the game theory and our findings suggest that we should witness less cases of violations when we intensify own efforts to check up and punish those violations, and lower the return of the infringement. At the same time, we would increase the effect of supervising violated behavior when we strengthen the deterrence.展开更多
As an innovation in the environmental governance system that breaks the traditional hierarchical structure,environmental protection supervision has not only played a significant role in protecting tangible environment...As an innovation in the environmental governance system that breaks the traditional hierarchical structure,environmental protection supervision has not only played a significant role in protecting tangible environmental rights but also expanded the basic scope of the right to environmental information—part of procedural environmental rights.In the supervision of environmental protection,the objects of the right to environmental information and the subjects of the obligation to provide environmental information have been both expanded,with the focus shifting from government information to Party information and from administrative organs to Party organs.This vividly demonstrates the Communist Party of China’s concrete efforts to protect human rights in the field of the endeavor to build an ecological civilization.At present,the realization of the right to environmental information in environmental protection supervision still faces problems such as insufficient standards and norms,disordered practice and operation,and lack of liability guarantee.In this context,based on renewing relevant subjects’cognition of the right to know in environmental protection supervision,we should further improve and specify the rule for disclosing information about environmental protection supervision,rationally distribute the obligations for information disclosure in environmental protection supervision,and clarify the accountability rules for violating relevant requirements for information disclosure,so as to promote the overall development of the environmental protection supervision system while guaranteeing the realization of the right to environmental information.展开更多
As an important corporate govemance mechanism, external audit helps to improve corporate economic performance. Social responsibility report audit can supervise and constrain the disclosure of corporate social responsi...As an important corporate govemance mechanism, external audit helps to improve corporate economic performance. Social responsibility report audit can supervise and constrain the disclosure of corporate social responsibility information, risk assessment and consulting planning, and improve the quality of information disclosure. Taking 2010-2013 listed companies in Shanghai and Shenzhen as samples for empirical test, we found that social responsibility report audit significantly improved the quality of corporate social responsibility information disclosure. Further study found that the greater the intensity of corporate shareholder oversight, social responsibility report audit on the quality of social responsibility to promote the quality of information disclosure more obvious. In addition, compared with the state-owned enterprises, the supervision of the major shareholders in the private enterprises to a greater extent enhanced the quality of social responsibility information disclosure.展开更多
环境、社会和公司治理又称ESG(environmental,social and governance)作为新兴企业报告体系,在经济市场中发挥不可或缺的治理作用。以2009—2022年中国A股上市公司为研究样本,通过实证分析揭示了ESG披露对企业违规行为的作用,并进一步...环境、社会和公司治理又称ESG(environmental,social and governance)作为新兴企业报告体系,在经济市场中发挥不可或缺的治理作用。以2009—2022年中国A股上市公司为研究样本,通过实证分析揭示了ESG披露对企业违规行为的作用,并进一步检验了在不同行业竞争程度以及媒体监督程度下的异质性影响。研究结果表明,ESG披露对企业违规行为具有抑制作用;行业竞争程度更高、受更强媒体监督的企业,ESG披露对企业违规行为的作用更强。展开更多
文摘In recent years, the infringements of information disclosure are conspicuous in listed companies in China, which has seriously impeded the healthy development of the capital market. In this paper, the results of regulations of the infringements by means of the game theory and our findings suggest that we should witness less cases of violations when we intensify own efforts to check up and punish those violations, and lower the return of the infringement. At the same time, we would increase the effect of supervising violated behavior when we strengthen the deterrence.
基金an initial progress of the“Research on Improving the Central Supervision System of Ecological and Environmental Protection”(Project No.21ZDA088)a National Social Science Foundation Major Project of the Research on the Interpretation of the Spirit of the Fifth Plenary Session of the 19th CPC Central Committee。
文摘As an innovation in the environmental governance system that breaks the traditional hierarchical structure,environmental protection supervision has not only played a significant role in protecting tangible environmental rights but also expanded the basic scope of the right to environmental information—part of procedural environmental rights.In the supervision of environmental protection,the objects of the right to environmental information and the subjects of the obligation to provide environmental information have been both expanded,with the focus shifting from government information to Party information and from administrative organs to Party organs.This vividly demonstrates the Communist Party of China’s concrete efforts to protect human rights in the field of the endeavor to build an ecological civilization.At present,the realization of the right to environmental information in environmental protection supervision still faces problems such as insufficient standards and norms,disordered practice and operation,and lack of liability guarantee.In this context,based on renewing relevant subjects’cognition of the right to know in environmental protection supervision,we should further improve and specify the rule for disclosing information about environmental protection supervision,rationally distribute the obligations for information disclosure in environmental protection supervision,and clarify the accountability rules for violating relevant requirements for information disclosure,so as to promote the overall development of the environmental protection supervision system while guaranteeing the realization of the right to environmental information.
文摘As an important corporate govemance mechanism, external audit helps to improve corporate economic performance. Social responsibility report audit can supervise and constrain the disclosure of corporate social responsibility information, risk assessment and consulting planning, and improve the quality of information disclosure. Taking 2010-2013 listed companies in Shanghai and Shenzhen as samples for empirical test, we found that social responsibility report audit significantly improved the quality of corporate social responsibility information disclosure. Further study found that the greater the intensity of corporate shareholder oversight, social responsibility report audit on the quality of social responsibility to promote the quality of information disclosure more obvious. In addition, compared with the state-owned enterprises, the supervision of the major shareholders in the private enterprises to a greater extent enhanced the quality of social responsibility information disclosure.
文摘环境、社会和公司治理又称ESG(environmental,social and governance)作为新兴企业报告体系,在经济市场中发挥不可或缺的治理作用。以2009—2022年中国A股上市公司为研究样本,通过实证分析揭示了ESG披露对企业违规行为的作用,并进一步检验了在不同行业竞争程度以及媒体监督程度下的异质性影响。研究结果表明,ESG披露对企业违规行为具有抑制作用;行业竞争程度更高、受更强媒体监督的企业,ESG披露对企业违规行为的作用更强。
