张勇

• 1:南京林业大学经济管理学院

摘要(Abstract)：

绿色信贷是我国实践最早、规模最大、范围最广以及发展最为成熟的绿色金融工具之一。然而，现有文献大多检验绿色信贷政策实施的经济后果，少量的绿色信贷影响因素研究站在商业银行的角度，考察影响其绿色信贷供给的因素，鲜有文献关注影响企业绿色信贷资金获得的因素。本文利用文本分析方法衡量上市公司绿色信贷资金的获得情况，检验了具有绿色工作经历或教育背景的绿色连锁董事是否有助于企业获取绿色信贷资金。研究结论如下：(1)绿色连锁董事能够显著促进企业绿色信贷融资，表现在董事会中绿色连锁董事数量越多、席位占比越高，企业的绿色信贷可得性越强，同时其绿色信贷融资的规模也越大；(2)机制检验表明，提升企业环境信息披露水平和改善企业环境绩效表现是绿色连锁董事促进企业绿色信贷融资的两条作用机制；(3)异质性分析结果显示，在没有银企关系、所处地方政府环境注意力配置强度大以及地方绿色金融发展水平低的企业中，绿色连锁董事对企业绿色信贷融资的促进作用更大。本文从绿色连锁董事的绿色治理功能视角为纾解微观企业绿色信贷融资困境提供了可行的解决方案，从而激发微观企业绿色转型的动力，并最终促进宏观经济结构绿色转型。

关键词(KeyWords)： 绿色连锁董事;绿色信贷;环境信息披露水平;环境绩效

Abstract:

Keywords:

基金项目(Foundation): 国家社会科学基金一般项目“绿色金融改革创新驱动工业企业绿色转型的效应评估及政策优化研究”(项目编号:22BJY190)的资助

作者(Author): 张勇

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• (1)该数据来自中国人民银行研究局于2023年11月15日发布的《推动绿色金融与转型金融有效衔接》,http://www.pbc.gov.cn/redianzhuanti/118742/5118184/5135397/index.html。 (2)上述257个绿色信贷关键词及其拓展词借鉴了洪祥骏等(2023)的研究,具体参考《中国工业经济》网站的相关附件。 (3)限于篇幅,检验结果不再列示,资料备索。