碳风险和劳动力投资效率
Tingwei Luo1, Fubi Luo2, Xu Guo3
1College of Business and Economics, Australian National University, Canberra, Australia.
Scientific reports
|February 13, 2025
概括
碳风险对中国公司的劳动力投资效率产生负面影响. 环境不确定性和融资约束等因素加剧了这种影响,影响了特定行业的公司.
科学领域:
- 经济学 经济学 经济学
- 环境科学 环境科学
- 企业管理 企业管理
背景情况:
- 劳动资本对于企业的竞争力和资源配置至关重要.
- 碳风险越来越多地影响着企业的劳动力分配和投资决策.
研究的目的:
- 检查企业碳风险对劳动力投资效率的影响.
- 确定碳风险影响劳动力投资效率的机制.
- 分析公司特征如何调节这种关系.
主要方法:
- 利用中国A股上市公司 (2012-2021) 的数据.
- 采用经验分析来评估碳风险与劳动力投资效率之间的关系.
- 研究了包括环境不确定性,代理问题和管理能力在内的调解道.
主要成果:
- 碳风险显著抑制了劳动力投资效率.
- 环境不确定性,代理问题和管理能力是关键的传播道.
- 在具有较弱竞争地位和更严格的融资约束的公司中,负面影响更为强烈.
结论:
- 碳风险对劳动力投资效率构成重大挑战.
- 政策制定者应该专注于碳风险管理和改善因素市场分配.
- 需要针对弱势企业 (例如低技术,高污染行业) 制定有针对性的战略.
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