摘要
结合制度理论,以2012—2019年A股上市公司为研究样本,实证检验强制性、模仿性和规范性同形制度压力对上市公司ESG责任履行的影响以及主导型CEO在其中所发挥的调节作用。研究结论表明:强制性、模仿性同形制度压力显著正向影响上市公司ESG责任履行,规范性同形制度压力显著负向影响上市公司ESG责任履行;主导型CEO在同形制度压力对上市公司ESG责任履行的影响中发挥了调节作用;企业履行ESG责任不仅有助于获得组织合法性地位,还可以提升企业的财务绩效和市场绩效。
Based on the institutional theory and the research samples of A-share listed companies from 2012 to 2019, this paper empirically tested the impact of three types of isomorphic institutional pressure, namely, coercive, mimetic and normative, on the performance of ESG responsibilities of listed companies, as well as the regulatory role of dominant CEO. The results showed that, both coercive and mimetic isomorphic institutional pressure had a significant positive impact on the performance of ESG responsibilities of listed companies, while normative isomorphic institutional pressure had a significant negative impact. And dominant CEO actually played a regulatory role in this relation. Further analysis showed that ESG responsibility performance can not only obtain organizational legitimacy, but also help to improve the financial performance and market performance of enterprises.
作者
张慧
黄群慧
ZHANG Hui;HUANG Qun-hui(Business School,University of Chinese Academy of Social Sciences,Beijing 102488;Institute of Economics,Chinese Academy of Social Sciences,Beijing 100836;School of Economics,University of Chinese Academy of Social Sciences,Beijing 102488,China)
出处
《山西财经大学学报》
CSSCI
北大核心
2022年第9期74-86,共13页
Journal of Shanxi University of Finance and Economics
基金
中国社会科学院大学(研究生院)研究生科研创新支持计划项目(2022-KY-115)。
关键词
同形制度压力
制度理论
主导型CEO
上市公司
ESG责任履行
isomorphic institutional pressure
institutional theory
dominant CEO
listed company
ESG responsibility performance
