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中文题名:

 家族企业代际传承如何影响企业ESG水平?    

姓名:

 毛润泽    

保密级别:

 公开    

论文语种:

 chi    

学科代码:

 020310T    

学科专业:

 金融科技    

学生类型:

 学士    

学位:

 经济学学士    

学位年度:

 2024    

校区:

 北京校区培养    

学院:

 经济与工商管理学院    

第一导师姓名:

 李堃    

第一导师单位:

 经济与工商管理学院    

提交日期:

 2024-06-03    

答辩日期:

 2024-05-15    

外文题名:

 How Intergenerational Succession in Family Businesses Affects Corporate ESG?    

中文关键词:

 家族企业 ; 代际传承 ; ESG评级    

外文关键词:

 Family Business ; Intergenerational Succession ; ESG Rating    

中文摘要:

由于大部分家族企业创立于改革开放时期,近年来创始人们逐渐步入退休年龄,家族企业陆续进入二代传承者代际传承时期。在代际传承期,家族企业内部往往会面临重大组织变革,企业风险也随之增加,能否安稳度过代际传承期是家族企业继续生存的关键;ESG作为企业社会责任在资本市场的概念具象化,已活跃于西方资本市场多年,得到了国际普遍认可,开展ESG业务可以有效降低企业风险、提升融资能力、提高企业声誉等。基于此背景,本文以2009~2022年A股上市家族企业为样本对代际传承与企业ESG评分之间的联系进行了实证研究,得出结果为,代际传承会显著促进家族企业ESG评分,这一结论在经过稳健性检验后依然成立。进一步分析发现,代际传承显著提升了企业公司治理水平,但与环境治理和社会治理之间没有显著相关性。本文为家族企业代际传承与企业战略的相关研究提供了实证证据,同时可能为家族企业的ESG战略以及政府制定统一的ESG体系建立提供了一点参考价值。

外文摘要:

In recent years, the founders of family businesses founded in the early days of reform and opening up have entered retirement age one after another, and family businesses met the peak of intergenerational inheritance. As a concrete concept of corporate social responsibility in the capital market, ESG has been active in the Western capital market for many years and has been widely recognized internationally, and ESG business can effectively reduce corporate risks, improve financing capabilities, and improve corporate reputation. Based on this background, this paper conducts a study on the relationship between corporate ESG level and intergenerational inheritance based on the sample of A-share listed family enterprises in 2009~2022, and finds that intergenerational inheritance will significantly improve the ESG level of family enterprises, and this conclusion is still stable after a series of robustness tests. Further analysis shows that intergenerational inheritance significantly improves the level of corporate governance, but has no significant correlation with environmental governance and social governance. This paper provides empirical evidence for the research on intergenerational succession and corporate strategy of family firms, and may provide some reference value for the ESG strategy of family firms and the establishment of a unified ESG system formulated by the government.

参考文献总数:

 29    

馆藏号:

 本020310T/24011    

开放日期:

 2025-06-03    

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