摘要
笔者以符合国际专利分类标准绿色清单的专利申请数量作为绿色创新的代理变量,利用中国2006年至2017年A股上市公司为样本,检验了会计信息可比性对绿色创新的影响及其路径。研究发现:会计信息可比性与企业绿色创新在滞后1年后呈倒U型关系;这种关系在国有企业和低集中度市场中更为显著;融资约束和专有性成本在会计信息可比性对企业绿色创新的影响中起中介作用。这表明:一定程度内加强会计信息可比性,尤其是国有企业和低集中度市场的会计可比性,有助于缓解融资约束,从而促进绿色创新;过度加强会计可比性将导致过高的专有性成本,从而削弱绿色创新。本文结论验证了会计信息可比性具有环境治理作用,为会计信息可比性的经济后果研究提供了经验证据,对利用会计制度促进经济和社会的可持续发展具有重要意义。
Taking the number of patent applications that meet the IPC Green Inventory list as the proxy variable of the “green innovation”,and using A-share listed companies in China from 2006 to 2017 as samples,this paper examines the influence and the path of accounting information comparability on green innovation.The study found that there is an inverted u-type relationship between accounting information comparability and corporate green innovation after a lag of one year;this relationship is more significant in state-owned enterprises and low-concentration markets;financing constraints and proprietary costs play a mediating role in the impact of accounting information comparability on green innovation.This shows that,strengthening accounting comparability appropriately could promote green innovation by easing financing constraints,especially in state-owned enterprises and low-concentration markets;excessively strengthening accounting comparability would lead to excessive proprietary costs,thereby undermining green innovation.This conclusion verified that accounting information comparability could be used for environmental governance,provided empirical evidence for the study about the economic consequences of accounting information comparability,and be of great significance for the use of accounting system to promote the economic and social sustainability.
作者
张俊民
王晓祺
ZHANG Jun-min;WANG Xiao-qi
出处
《中央财经大学学报》
CSSCI
北大核心
2020年第12期52-66,共15页
Journal of Central University of Finance & Economics
基金
天津市教委社会科学重大项目“公司财务政策对企业创新能力的影响研究”(项目编号:2017JWZD14)。
关键词
会计信息可比性
绿色创新
专有性成本
产权性质
市场结构
Accounting information comparability
Green innovation
Proprietary cos
t Property right
Market structure
