【摘要】 基于内容分析法,通过对企业社会责任报告、环境报告书和可持续发展报告的解读,对企业绿色发展水平进行测度。以沪深A股制造业企业为样本,利用异方差稳健型估计研究董事会特征、环境规制与制造业企业绿色发展的关系。研究发现,环境行政监管能有效促进企业绿色发展,"软"手段反而不利于促进企业绿色发展。经济环境规制与绿色发展存在正相关关系,但不显著。董事会成员性别、年龄与教育专业异质性在环境行政监管与绿色发展间起调节作用。更多还原

【Abstract】 Based on the content analysis method, this paper measures the green development of enterprises by interpreting the social responsibility report, environmental report and sustainable development report. Taking Shanghai and Shenzhen A-share manufacturing enterprises as samples, the paper adopts heteroscedastic robust estimation to investigate the relationship between the heterogeneity of board members, environmental regulation and green development of manufacturing enterprises. The study finds that environmental administrative supervision can effectively promote the green development of enterprises, while "soft" measures are counterproductive. There is a positive but non-significant correlation between economic environmental regulation and green development. The heterogeneity of board members’ gender, age and education plays a mediating role between environmental regulation and green development.更多还原