公司治理、财务状况能够影响碳信息披露质量吗？--基于中国电力行业上市公司的数据

摘要

Since China now is facing enormous pressure on reducing emissions,it is urgent to explore why listed companies' voluntarily make a disclosure of carbon,and how to promote listed companies to take responsibility for the carbon disclosure.Therefore,this paper selects 49 listed companies of electric power industry in China from 2010 to 2014, a total of 245 data sample and tests the relationship between corporate governance,financial situation and the carbon disclosure quality.The results show that the carbon disclosure quality of listed companies:(1 )has a positively correlated relationship with ownership concentration,board activity,corporate profitability,the company scale have positively;(2)and has no obvious correlation with the proportion of independent directors on the board and asset-liability ratio have no obvious correlation.Then,some suggestions for improvement further are brought up.%中国目前正面临着巨大的碳减排压力，上市公司基于何种原因对碳信息进行自愿性信息披露？如何才能有针对性地促进上市公司积极承担碳信息披露的责任？本文选取中国电力行业49家上市公司2010—2014年五年数据共245个研究样本，从公司治理和财务状况两个角度实证分析了这两方面与碳信息披露质量之间的关系。实证结果表明，上市公司碳信息披露质量与股权集中度、董事会活跃程度、公司盈利能力、公司规模呈正相关关系，与独立董事在董事会中所占比例、资产负债率没有明显的相关关系。在此基础上，本文提出相应的改进建议。