Environmental protection taxes, audit fees and corporate ESG performance

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2024-09-01 DOI:10.1016/j.frl.2024.106058

引用次数: 0

Abstract

The effectiveness of promoting sustainable development depends on the efficiency of formulating and implementing applicable policies. Based on a sample of Chinese listed companies from 2011 to 2022, this study reveals a significant enhancement of the environmental protection taxes in corporate ESG performance. The finding indicates that implementing environmental protection taxes can effectively enhance ESG performance omnidirectionally. This impact operates mainly through reducing audit fees. These findings enhance and broaden the current body of literature and contribute to a more comprehensive understanding of the impact of macro policies on individual agents.

查看原文本刊更多论文

环境保护税、审计费用和企业环境、社会和治理绩效

促进可持续发展的有效性取决于制定和实施适用政策的效率。本研究以 2011 年至 2022 年的中国上市公司为样本，揭示了环境保护税对企业环境、社会和治理绩效的显著提升作用。研究结果表明，征收环境保护税可以全方位地有效提升企业的环境、社会和治理绩效。这种影响主要通过降低审计费用来实现。这些发现加强并拓宽了现有的文献体系，有助于更全面地理解宏观政策对个体行为主体的影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

期刊介绍： Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance

文献相关原料

公司名称	产品信息	采购帮参考价格