Tan Xiaofang, Li Siqi
School of Shipping Economics and Management, Dalian Maritime University, Dalian, 116026, China.
Environ Sci Pollut Res Int. 2023 Mar;30(15):43331-43345. doi: 10.1007/s11356-023-25315-y. Epub 2023 Jan 19.
Environmental responsibility information disclosure is an important means for high-polluting enterprises to win the recognition and support of external stakeholders. This study constructs a fixed-effects model based on panel data of 951 Chinese high-polluting enterprises in Shanghai and Shenzhen A-shares from 2015 to 2019 to verify the effect of environmental responsibility information disclosure on enterprise market competitiveness and the mediating effect of cooperative resources. The sample enterprises are further divided into state-owned and non-state-owned enterprises, and the results show that environmental responsibility information disclosure is more effective for non-state-owned enterprises to obtain cooperative resources and thus enhance market competitiveness. This study highlights the effectiveness of environmental responsibility information disclosure in strengthening the enterprise market competitiveness from the perspective of stakeholders in the supply chain, which has certain inspirations and empirical implications for enterprises to strengthen their environmental responsibility information disclosure system.
环境责任信息披露是高污染企业赢得外部利益相关者认可与支持的重要手段。本研究基于2015年至2019年沪深A股951家中国高污染企业的面板数据构建固定效应模型，以验证环境责任信息披露对企业市场竞争力的影响以及合作资源的中介效应。样本企业进一步分为国有企业和非国有企业，结果表明，环境责任信息披露对非国有企业获取合作资源进而提升市场竞争力更为有效。本研究从供应链利益相关者角度凸显了环境责任信息披露在增强企业市场竞争力方面的有效性，对企业加强其环境责任信息披露制度具有一定的启示和实证意义。
