首页 > 过刊浏览>2023年第41卷第3期 >58-68. DOI:10.3880/j.issn.1003-9511.2023.03.009
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冗余资源对环保投资的影响——基于高水敏感性行业A股上市公司的实证研究
作者:
作者单位:

(河海大学商学院,江苏 南京211100 )

作者简介:

聂志萍(1979—),女,讲师,博士,主要从事环境会计研究。E-mail:nzp3@hhu.edu.cn

中图分类号:

C93

基金项目:

江苏高校哲学社会科学研究一般项目(2021SJA0037)；中央高校基本科研业务费专项(B210207111)


The influence of slack resources on environmental protection investment: an empirical study based on the data of A-share listed companies in high-water sensitivity industries
Author:
Affiliation:

(Business School, Hohai University, Nanjing 211100, China)

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    摘要:

    高水敏感性行业不仅导致水污染严重,而且对水资源的依赖超过其他行业。以2015—2020年高水敏感性行业的A股上市公司为样本,实证分析冗余资源与环保投资的内在关系,结果表明:冗余资源与企业环保投资之间存在显著的倒“U”型关系,适度冗余资源提升企业环保投资水平,过多冗余资源则降低企业环保投资水平。此外,管理层过度自信会弱化冗余资源与企业环保投资之间的倒“U”型关系。

    Abstract:

    High-water sensitivity industries not only cause serious water pollution, but also depend more on resources than any other industry. Using the data of A-share listed companies in the Chinese high-water sensitivity industries from 2015 to 2020, this study empirically examines the relation among slack resources, management overconfidence and environmental protection investment. This paper finds that there is a significant inverted U-shaped relationship between slack resources and environmental protection investment. Moderate slack resource has positive effect on environmental protection investment, and excessive slack resource may bring environmental protection investment decline. Further research also found that management overconfidence will weaken the inverted U-shaped relationship between slack resources and environmental protection investment.

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聂志萍,陈秋宇.冗余资源对环保投资的影响——基于高水敏感性行业A股上市公司的实证研究[J].水利经济,2023,41(3):58-68.(NIE Zhiping, CHEN Qiuyu. The influence of slack resources on environmental protection investment: an empirical study based on the data of A-share listed companies in high-water sensitivity industries[J]. Journal of Economics of Water Resources,2023,41(3):58-68.(in Chinese))

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  • 收稿日期:2022-12-02
  • 在线发布日期: 2023-06-04

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