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儒家思想与企业漂绿:来自中国的证据

Confucianism and corporate greenwashing: Evidence from China

  • 摘要: 随着生态文明建设的不断推进,企业绿色决策及绿色行为的驱动因素受到广泛关注。本文基于2009–2022年中国上市公司的数据,为儒家文化这一非正式制度在抑制企业漂绿行为方面发挥显著作用提供了有力的证据支持。研究结果表明,儒家思想建立的道德框架对企业伦理产生了深刻影响,是遏制漂绿这一不道德行为的重要社会规范。进一步分析证实了企业绿色创新能力在儒家思想和漂绿之间发挥了中介作用。子样本回归结果表明,在监管较弱的地区,儒家思想显著抑制了企业漂绿行为;然而在监管较强的地区,这种抑制作用并不显著。各种稳健性检验证实了结论的稳健性。这些发现为“文化与企业决策”相关理论提供了东方文化情景下的证据补充,也为抑制包括漂绿在内的企业不道德行为、促进可持续发展提供了新的思路。

     

    Abstract: With the ongoing promotion of ecological civilization, the factors driving corporate green decision-making and behavior have attracted significant attention. Using data from Chinese listed companies between 2009 and 2022, this study provides strong evidence that Confucianism, as an informal cultural system, plays a significant role in reducing corporate greenwashing. These findings suggest that the moral framework established by Confucianism profoundly influences corporate ethics, serving as a crucial social norm to curb unethical greenwashing practices. Further analysis confirms the mediating role of corporate green innovation capabilities in the relationship between Confucianism and greenwashing. Subsample regressions indicate that Confucianism significantly reduces greenwashing in regions with weaker regulations, whereas its effect is insignificant in areas with stronger regulations. The results remain robust across various sensitivity tests. These findings not only contribute to the theory of “culture and corporate decision-making” within an Eastern cultural context but also offer a new perspective for curbing unethical corporate behaviors, including greenwashing and promoting sustainable development.

     

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