报告题目：ESG报告信息披露质量指数设计与有效性检验
报告人： 辛立柱 博士（厦门大学）
时间：2024年10月22日12:45– 14:30
地点：管理学院A南303
报告内容摘要：
两山论与双碳目标的提出加速了中国社会的可持续发展进程，而ESG信息强制性披露规定的缺失则削弱了ESG投资推进可持续发展进程的力度，如何减轻非财务信息披露的信息不对称程度以更好地服务于ESG投资，成为中国资本市场亟待解决的问题。为了实现以评促改，本文利用A股上市公司2019-2022年发布的ESG专项报告，以利益相关者理论、合法性理论、制度理论、信号理论等为基础，秉持反漂绿原则，在充分考虑指标间的非线性关系、权重的客观性与同群效应后，构建了ESG专项报告信息披露质量评价指标体系，并进行了系统的信度与效度检验。本研究为ESG报告的公信力提供了可量化的参考依据，有助于降低ESG信息不对称水平，为投资者做出更为有效的ESG投资决策提供了新参考维度，也为今后监管部门出台并完善ESG信息披露法规提供了可参考的经验证据，弥补了我国在ESG信息披露领域学术研究中的不足。
【辛立柱个人简介】
辛立柱博士，非执业注册会计师，目前就读于厦门大学管理学院财务系，研究方向为公司金融、信息披露，读博期间参与了由博士生导师李常青教授主持的国家自然科学基金面上项目《控股股东股权质押动机、经济后果与治理机制研究》，研究成果先后在《会计研究》、《经济管理》等期刊发表。
报告题目：Does a Founder’s Cultural Imprint Affect ESG Performance? An Analysis from Environmental and Social Perspectives
报告人： 陈媛媛 博士（香港城市大学）
时间：2024年10月22日12:45-14:30
地点：管理学院A南303
报告内容摘要：
This study examines theeffect of afounder’s cultural imprint on firmESG performance. I conjecture that areas with frequentflooding disasters like floodregions along the Yellow River cultivate unique culture and contribute to shaping residents’ special personality. Using the historical record of floods in each province at the county level fromtheChina Meteorological Disaster Report, I find that flooding experience of a firm’s founder is associated withbetter ESG performance.
These results suggest thatthe frequent floods left a strong imprint on the collective memories of people in affected areas over generations, making them moresensitiveto environmental protection and climate change issues, and pay more attention to cooperation and social responsibility. Further analyses indicate that firms withflooding-experience foundersare associated with better internal control and more family-member directors and officers, contributing to improvements in bothoverallESG and environmental performance.Cross-sectional analyses suggest that the impact of flooding experience is more pronounced forfounders withoutpoliticalconnections and founderswho established firms in their hometown.
From the social responsibility perspective, I further explore how the cultural imprint of frequent floods influences founders’ tax avoidance and donation behaviors. I find that firms with founders whose birthplacewas a frequently flooded areas are less likely to engage in tax avoidance and more likely to participate in corporate donations. For tax avoidance, cross-sectional analyses indicate that political connections enhance the influence of cultural imprints from flooding experiences, further reducing tax avoidance behaviors. Additionally, a strong connection to their hometowns intensifies the cultural imprint of flooding experiences on founders, leading to a more significant reduction in socially irresponsible behaviors such as tax avoidance. For corporate donations, the effect of founder’s cultural imprint is more significant for founders without political connections and those who established firms in their hometowns.
【陈媛媛个人简介】
Yuanyuan Chen is a 4th-year Ph.D. candidate in Accountancy at the City University of Hong Kong. Prior to her doctoral studies, she worked for two years in the finance department at Huawei Technology Company, where she gained valuable practical experience. She holds a master’ s degree in Data Science and Machine Learning from University College London (UCL) and a bachelor’s degree in Economic Statistics from Xi’an Jiaotong University. During her undergraduate studies, she pursued a second major in Accounting (ACCA) and has continued to focus on accounting throughout her doctoral program.
Her research interests are primarily in archival accounting. Her current research examines (1) the determinants of firms’ ESG reporting and disclosure choices, (2) the impact of rank-and-file employee education on firms’ tax planning, (3) late audit change, (4) ESG issues, with a focus on cultural imprint, and (5) the effect of strategy similarity on Mergers and Acquisitions.
In addition to her research, Yuanyuan has taught several courses, including Introduction to Financial Accounting and Introduction to Managerial Accounting, both undergraduate courses at the City University of Hong Kong. She also served as a lecturer for the Corporate Finance and Control course at the same university.
欢迎有兴趣的教师，全体博士生、硕士生参加。
管理学院人才办公室
2024- 10 -20
