家族企业代际传承与ESG表现的影响研究

doi:10.3969/j.issn.1674-1730.2025.03.019

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	家族企业代际传承与ESG表现的影响研究
其他题名	The Influence of Intergenerational Inheritance and ESG performance of Family Firms
	苏孜; 于航
	2025-05-30
发表期刊	陇东学院学报
卷号	36 期号:3 页码:97-103
摘要	在中国发展低碳、绿色经济的背景下,家族企业面临助力国家"双碳"目标实现的同时,顺利进行代际传承亦是企业发展的根本.选取2014-2022中国沪深两市上市的家族企业为研究对象,采用多期双重差分模型对家族代际传承与ESG表现的关系进行研究发现,代际传承阶段的企业对ESG表现起到显著抑制作用且具有地区与企业特征差异性,而融资约束的加剧是造成上述结果的机制.此外,经济后果检验表明,家族企业代际传承通过抑制ESG表现进一步提升了分析师盈余预测准确性,实现家族企业在代际传承时期的平稳过渡的目标.
其他摘要	Against the backdrop of China's pursuit of a low-carbon,green economy,family businesses are con-fronted with the dual challenge of contributing to the nation's"dual carbon"goals while ensuring smooth intergen-erational succession as a fundamental aspect of their development.This study focuses on Chinese family-owned en-terprises listed on the Shanghai and Shenzhen stock exchanges from 2014 to 2022.Using a multi-period double-difference model,it investigates the relationship between intergenerational succession and ESG performance.The findings reveal that during the intergenerational succession phase,family businesses exert significant inhibitory effects on ESG performance and demonstrate regional and firm-specific disparities.The exacerbation of financing constraints is identified as the mechanism driving these outcomes.Additionally,an economic consequences test in-dicates that intergenerational succession in family businesses enhances analysts'earnings forecast accuracy by fur-ther suppressing ESG performance,thereby facilitating a smooth transition during this period.
关键词	家族企业代际传承 ESG
DOI	10.3969/j.issn.1674-1730.2025.03.019
URL	查看原文
ISSN	1674-1730
语种	中文
原始文献类型	Periodical
文献类型	期刊论文
条目标识符	http://ir.lzufe.edu.cn/handle/39EH0E1M/40472
专题	教务处会计学院
作者单位	兰州财经大学会计学院,甘肃兰州 730030
第一作者单位	会计学院
推荐引用方式 GB/T 7714	苏孜,于航. 家族企业代际传承与ESG表现的影响研究[J]. 陇东学院学报,2025,36(3):97-103.
APA	苏孜,&于航.(2025).家族企业代际传承与ESG表现的影响研究.陇东学院学报,36(3),97-103.
MLA	苏孜,et al."家族企业代际传承与ESG表现的影响研究".陇东学院学报 36.3(2025):97-103.