Year: 2025
Type: article
Abstract: ESG作为环境、社会和治理协调发展的投资理念，与国家可持续发展战略高度契合，企业加强ESG信息披露对实现可持续发展和双碳目标至关重要。审计委员会作为企业内部重要的治理机制，在公司治理及环境和社会责任方面发挥着重要作用。本文以2018~2023年A股全部上市公司为样本，实证分析审计委员会特征对企业ESG表现的影响。研究发现，审计委员会的规模越大、独立性越强，企业ESG表现越好，且该结论在更换被解释变量的衡量方式、增加新的控制变量及采用倾向得分匹配法解决内生性问题后仍保持稳健。研究表明，审计委员会在推动企业环境、社会和治理协调发展中具有重要作用，为企业优化内部治理结构以提升ESG表现提供了理论依据和经验支持。ESG, as an investment philosophy for the coordinated development of environmental, social and governance, is highly consistent with the national sustainable development strategy, and it is crucial for enterprises to strengthen ESG information disclosure to achieve sustainable development and dual carbon goals. As an important internal corporate governance mechanism, the Audit Committee plays an important role in corporate governance and environmental and social responsibility. This paper empirically analyzes the impact of audit committee characteristics on corporate ESG performance from 2018 to 2023 using all A-share listed companies as a sample. The study finds that the larger and more independent the audit committee, the better the company’s ESG performance, and this conclusion remains robust after replacing the measurement method of the explanatory variables, adding new control variables, and using the propensity score matching method to solve the endogeneity problem. The research shows that audit committees play an important role in promoting the coordinated development of corporate environmental, social and governance (ESG), which provides a theoretical basis and empirical support for enterprises to optimize their internal governance structures to improve ESG performance.
Author: 宁 王
Institution: Nanjing Audit University
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4411394342