新质生产力视角下ESG信息披露对企业全要素生产率的影响研究——基于投资结构优化的中介效应
Research on the Impact of ESG Disclosure on Corporate Total Factor Productivity under the Perspective of New Quality Productivity——The Mediation Effect Based on Investment Structure Optimization
王文华 1邹叶帆 1解雨欣1
作者信息
- 1. 常州大学商学院,江苏 常州 213000
- 折叠
摘要
以2010-2021年A股上市公司为研究样本,立足新质生产力的视角,深入研究ESG信息披露与企业全要素生产率间的关系及作用机制.研究发现:ESG信息披露能够帮助企业加快形成新质生产力、提高企业全要素生产率,投资结构优化在其中发挥中介作用;与中小企业相比,大规模企业对于ESG信息披露提高企业全要素生产率的效果更显著.与两职合一的企业相比,两职分离的企业对于ESG信息披露提高企业全要素生产率的效果更显著.因此,企业应积极进行ESG信息披露,重视投资结构优化,加快形成新质生产力,促进企业全要素生产率的提高.
Abstract
Taking A-share listed companies from 2010 to 2021 as the research sample,based on the perspective of new quality productivity,the article deeply researches the relationship and impact mechanism between ESG disclosure and enterprise total factor productivity.The study finds:ESG disclosure can help enterprises accelerate the formation of new quality productivity and improve total factor productivity,and the optimization of investment structure plays an intermediary role;Compared with small and medium-sized enterprises(SMEs),large-scale enterprises have a more significant effect of ESG disclosure in improving total factor productivity;Compared with enterprises with two jobs,enterprises with two separate jobs have a more significant effect of ESG disclosure on the total factor productivity of enterprises.Therefore,it is suggested that enterprises should actively disclose ESG information,pay attention to the optimization of investment structure,accelerate the formation of new quality productivity,and promote the improvement of enterprise total factor productivity.
关键词
新质生产力/ESG信息披露/投资结构优化/全要素生产率Key words
new quality productivity/ESG information disclosure/investment structure optimization/total factor productivity引用本文复制引用
出版年
2025
NETL
NSTL
万方数据