ESG信息披露与财务报告质量——基于信息不对称视角
ESG Information Disclosure and Financial Reporting Quality:A Perspective Based on Asymmetric Information
蒋行 1刘桂荣1
作者信息
- 1. 齐鲁工业大学<山东省科学院>,山东济南 250399
- 折叠
摘要
在激烈竞争的资本市场中,屡屡出现上市公司财务舞弊现象.随着ESG理念的发展,利用ESG信息披露提高财务报告质量从而促进我国资本市场的健康发展,这是一个值得关注的热点.基于信息不对称视角,文章以2012-2022年A股上市公司为样本,对ESG信息披露对企业财务报告质量的影响机制进行了研究.结果表明:企业ESG信息披露能显著提升财务报告质量,其影响机制为对内通过改善内部控制质量,对外通过提升股价同步性,从而抑制盈余管理,提升财务报告质量.该研究丰富了ESG信息披露的经济后果,为促进企业高质量发展提供有用的经验证据.
Abstract
In the highly competitive capital market,financial fraud by listed companies has been a recurring issue.The development of ESG(Environmental,Social,and Governance)concepts has sparked a discussion on whether ESG information disclosure can improve the quality of financial reports and contribute to the healthy development of China's capital market.This study investigates the impact mechanism of ESG information disclosure on the quality of corporate financial reports,using A-share listed companies from 2012 to 2022 as samples.The results indicate that corporate ESG information disclosure can significantly improve the quality of financial reports.The impact mechanism is to strengthen internal control quality internally and enhance stock price synchronicity externally,thereby suppressing earnings management and improving financial reporting quality.This study contributes to understanding the economic consequences of ESG information disclosure and provides empirical evidence to support the advancement of high-quality development in enterprises.
关键词
ESG信息披露/信息不对称/财务报告质量Key words
ESG information disclosure/information asymmetry/financial report quality引用本文复制引用
出版年
2025
NETL
NSTL
万方数据