科技进步与对策
科技進步與對策
과기진보여대책
Science & Technology Progress and Policy
2015年
19期
66-71
,共6页
高管激励%环境规制%技术创新%波特假说
高管激勵%環境規製%技術創新%波特假說
고관격려%배경규제%기술창신%파특가설
Executive Incentive%Environmental Regulations%Technology Innovation%Porter Hypothesis
不同所有制背景下企业环境保护责任、动机及外部条件存在显著差异，大多数研究不区分所有权性质，只是笼统地认为环境规制能促进企业技术创新，却忽视了公司治理层面的调节作用。基于重污染行业国有企业和民营上市公司2009—2013年的实证分析发现：①波特假说在不同所有制企业的有效性不同：外生环境规制对企业技术创新作用不显著但作用方向相反，其一般对民营企业存在负向影响，对国有企业存在正向影响，内生环境规制对国有企业和民营企业均存在显著正向影响；②高管激励在环境规制与技术创新间存在调节作用，但只在民营企业中作用显著。高管激励越大，外生环境规制对民营技术创新的挤出效应越小，内生环境规制对民营企业技术创新的补偿效应则越大，但在国有企业样本中，未发现相关证据。
不同所有製揹景下企業環境保護責任、動機及外部條件存在顯著差異，大多數研究不區分所有權性質，隻是籠統地認為環境規製能促進企業技術創新，卻忽視瞭公司治理層麵的調節作用。基于重汙染行業國有企業和民營上市公司2009—2013年的實證分析髮現：①波特假說在不同所有製企業的有效性不同：外生環境規製對企業技術創新作用不顯著但作用方嚮相反，其一般對民營企業存在負嚮影響，對國有企業存在正嚮影響，內生環境規製對國有企業和民營企業均存在顯著正嚮影響；②高管激勵在環境規製與技術創新間存在調節作用，但隻在民營企業中作用顯著。高管激勵越大，外生環境規製對民營技術創新的擠齣效應越小，內生環境規製對民營企業技術創新的補償效應則越大，但在國有企業樣本中，未髮現相關證據。
불동소유제배경하기업배경보호책임、동궤급외부조건존재현저차이，대다수연구불구분소유권성질，지시롱통지인위배경규제능촉진기업기술창신，각홀시료공사치리층면적조절작용。기우중오염행업국유기업화민영상시공사2009—2013년적실증분석발현：①파특가설재불동소유제기업적유효성불동：외생배경규제대기업기술창신작용불현저단작용방향상반，기일반대민영기업존재부향영향，대국유기업존재정향영향，내생배경규제대국유기업화민영기업균존재현저정향영향；②고관격려재배경규제여기술창신간존재조절작용，단지재민영기업중작용현저。고관격려월대，외생배경규제대민영기술창신적제출효응월소，내생배경규제대민영기업기술창신적보상효응칙월대，단재국유기업양본중，미발현상관증거。
There are different of the enterprise environmental protection responsibility ,motivation and external conditions between state‐owned and private firm .the existing research given environmental regulation can promote enterprise tech‐nology innovation are likely to be biased .Aiming at to resolve this problem ,and exploratory research on the effect of exec‐utive incentive in environmental regulation and technology innovation ,this article is based on the state of heavy pollution industry and private listed companies from 2009 to 2013 of the empirical analysis it is concluded that :(1)the effectiveness of "porter hypothesis"are different in different ow nership firms :exogenous environmental regulations of state‐ow ned en‐terprises has positive influence on technology innovation ,and has negative influence of private enterprises ,but the effect was not significant ;The endogenous environment regulations are very positive in promoting "Porter hypothesis"effective‐ness of state‐ow ned and private enterprises ,and stronger in state‐ow ned enterprises .(2) the executive incentive has adjust action in environmental regulation and technology innovation ,but only remarkable in private enterprises .Executive incen‐tive is larger ,the"Crowding Out"of environmental regulation on technical innovation is the smaller or "Innovation Effect"is bigger .But in the state‐owned enterprise samples ,we did not find the relevant evidence .
