Host: 上海立信会计金融学院

  • ISSN 2096-9554
  • CN 31-2074/F
Volume 39 Issue 1
Feb.  2025
Turn off MathJax
Article Contents
Article Navigation >  Accounting and Economic Research  > 2025  >  39(1): 66-88
Meng Yijun, He Huanlang, Chen Hao, Dong Feifan. 2025. Traditional Culture and Biodiversity Disclosure: Empirical Evidence from Listed Firms in China. Accounting and Economic Research, 39(1): 66-88.
Citation: Meng Yijun, He Huanlang, Chen Hao, Dong Feifan. 2025. Traditional Culture and Biodiversity Disclosure: Empirical Evidence from Listed Firms in China. Accounting and Economic Research, 39(1): 66-88.
shu

Traditional Culture and Biodiversity Disclosure: Empirical Evidence from Listed Firms in China

  • 1.

    School of Accounting, Shanghai University of International Business and Economics, Shanghai 201620, China

  • 2.

    School of International Business, Shanghai University of International Business and Economics, Shanghai 201620, China

  • 3.

    Academy of China Open Economy Studies, University of International Business and Economics, Beijing 100029, China

  • Received Date: 2023-11-06
    Available Online: 2025-05-27
  • Publish Date: 2025-02-25
    Abstract
  • This paper examines the impact of Chinese traditional culture (Confucianism, Buddhism, and Daoism) on corporate biodiversity disclosure and the moderating effects of foreign-experienced directors and female executives, using a sample of Shanghai and Shenzhen A-share listed firms from 2015 to 2021. The empirical results demonstrate that: (1) Chinese traditional culture is significantly positively associated with corporate biodiversity disclosure, indicating that stronger cultural influence leads to higher disclosure levels; (2) Foreign-experienced directors and female executive weaken the above positive relationship. The findings suggest that: On one hand, we should explore the ecological wisdom inherent in traditional culture to enhance its guiding role in sustainable development. On the other hand, enterprises need to integrate traditional ecological philosophies with global governance practices, thereby advancing ecological civilization construction and achieving synergistic development between economic growth and environmental protection.

     

    • FullText(HTML)
  • loading
    • References(77)
  • [1]
    陈冬华, 范从来, 徐巍. 2023a. 公司治理新论(上)——一个中国社会关系结构的视角. 会计与经济研究 (1): 23−46. doi: 10.16314/j.cnki.31-2074/f.2023.01.001
    [2]
    陈冬华, 范从来, 徐巍. 2023b. 公司治理新论(下)——一个中国社会关系结构的视角. 会计与经济研究 (2): 3−26. doi: 10.16314/j.cnki.31-2074/f.2023.02.002
    [3]
    陈冬华, 胡晓莉, 梁上坤, 新夫. 2013. 宗教传统与公司治理. 经济研究 (9): 71−84.
    [4]
    程博, 潘飞, 王建玲. 2016. 儒家文化、信息环境与内部控制. 会计研究 (12): 79−84. doi: 10.3969/j.issn.1003-2886.2016.12.011
    [5]
    杜薇, 朱大鹏, 王喆. 2022. 公司高层女性参与率对价格加成的影响: 促进还是抑制? 会计与经济研究 (3): 54−72.
    [6]
    杜兴强, 常莹莹, 曾泉. 2020. 宗教影响与公司行为综述. 财会月刊 (22): 12−25.
    [7]
    杜兴强, 蹇薇, 曾泉, 常莹莹. 2016. 宗教影响、控股股东与过度投资: 基于中国佛教的经验证据. 会计研究 (8): 50−57.
    [8]
    淦未宇, 刘曼. 2022. 海归高管与企业创新: 基于文化趋同的视角. 上海财经大学学报 (1): 92−106.
    [9]
    黄荷暑, 周泽将. 2015. 女性高管、信任环境与企业社会责任信息披露——基于自愿披露社会责任报告A股上市公司的经验证据. 审计与经济研究 (4): 30−39.
    [10]
    金智, 宋顺林, 阳雪. 2015. 女性董事在公司投资中的角色. 会计研究 (5): 80−86.
    [11]
    况学文, 陈俊. 2011. 董事会性别多元化、管理者权力与审计需求. 南开管理评论 (6): 48−56.
    [12]
    刘蓝予, 周黎安, 吴琦. 2021. 传统商业文化的长期经济影响——基于明清商帮的实证研究. 管理世界 (11): 106−120.
    [13]
    潘爱玲, 李彬, 林亚囡, 宿伟娜. 2012. 文化对会计的影响: 文献述评及未来研究展望. 会计研究 (4): 20−27.
    [14]
    宋建波, 文雯. 2016. 董事的海外背景能促进企业创新吗? 中国软科学 (11): 109−120.
    [15]
    宋献中. 2006. 论企业核心能力信息的自愿披露. 会计研究 (2): 47−52.
    [16]
    王雪莉, 马琳, 王艳丽. 2013. 高管团队职能背景对企业绩效的影响: 以中国信息技术行业上市公司为例. 南开管理评论 (4): 80−93. doi: 10.3969/j.issn.1008-3448.2013.04.009
    [17]
    辛杰. 2014. 非正式制度、文化传统与企业社会责任困境的隐性消解. 商业经济与管理 (9): 25−33.
    [18]
    徐细雄, 李万利. 2019. 儒家传统与企业创新: 文化的力量. 金融研究 (9): 112−130.
    [19]
    徐细雄, 朱红艳, 淦未宇, 李万利. 2018. “海归”高管回流与企业社会责任绩效改善——基于文化趋同视角的实证研究. 外国经济与管理 (5): 99−112.
    [20]
    俞俊利, 金鑫, 梁上坤. 2018. 高管地缘关系的治理效应研究: 基于内部控制质量的考察. 会计研究 (6): 78−85.
    [21]
    曾泉, 杜兴强, 常莹莹. 2018. 宗教社会规范强度影响企业的节能减排成效吗? 经济管理 (10): 27−43.
    [22]
    邹萍. 2020. 儒家文化能促进企业社会责任信息披露吗? 经济管理 (12): 76−93.
    [23]
    周国文, 朱迎迎, 胡丹. 2021. 在新时代生态文明建设中的环境哲学和环境伦理学——2021年中国环境哲学环境伦理学学术年会暨首届儒释道文化与环境哲学环境伦理学高峰论坛会议综述. 南京林业大学学报(人文社会科学版) (6): 105−109.
    [24]
    周泽将, 汪顺, 张悦. 2022. 知识产权保护与企业创新信息困境. 中国工业经济 (6): 136−154.
    [25]
    祝娟, 陈冬华. 2024. 内在道德、代理成本与公司治理. 会计与经济研究 (2): 3−30. doi: 10.16314/j.cnki.31-2074/f.20240820.001
    [26]
    Adams, R. B., A. N. Licht, and L. Sagiv. 2011. Shareholders and stakeholders: How do directors decide? Strategic Management Journal 32(12): 1331−1355.
    [27]
    Addison, P. F. E., J. W. Bull, and E. J. Milner-Gulland, 2019. Using conservation science to advance corporate biodiversity accountability. Conservation Biology 33(2): 307−318.
    [28]
    Adler, R., M. Mansi, and R. Pandey. 2018. Biodiversity and threatened species reporting by the top Fortune Global companies. Accounting, Auditing and Accountability Journal 31(3): 787−825. doi: 10.1108/AAAJ-03-2016-2490
    [29]
    Adler, R., M. Mansi, R. Pandey, and C. Stringer. 2017. United Nations decade on biodiversity: A study of the reporting practices of the Australian mining industry. Accounting, Auditing and Accountability Journal 30(8): 1711−1745. doi: 10.1108/AAAJ-04-2015-2028
    [30]
    Atkins, J., C. Gräbsch, and M. Jones. 2014. Corporate biodiversity reporting: Exploring its anthropocentric nature. Accounting for Biodiversity. Routledge.
    [31]
    Atkins, J., W. Maroun, B. C. Atkins, and E. Barone. 2018. From the big five to the big four? Exploring extinction accounting for the rhinoceros. Accounting, Auditing & Accountability Journal 31(2): 674−702.
    [32]
    Atkins, J. F., and B. C. Atkins. 2018. Around the world in 80 species. Routledge.
    [33]
    Boiral, O. 2016. Accounting for the unaccountable: Biodiversity reporting and impression management. Journal of Business Ethics 135(4): 751−768. doi: 10.1007/s10551-014-2497-9
    [34]
    Carlson, R. 1972. Understanding women: Implications for personality theory and research. Journal of Social Issues 28(2): 17−32. doi: 10.1111/j.1540-4560.1972.tb00015.x
    [35]
    Carvajal, M., M. Nadeem, and R. Zaman. 2022. Biodiversity disclosure, sustainable development and environmental initiatives: Does board gender diversity matter? Business Strategy and the Environment 31(3): 969−987.
    [36]
    Ceballos, G., P. R. Ehrlich, and P. H. Raven. 2020. Vertebrates on the brink as indicators of biological annihilation and the sixth mass extinction. Proceedings of the National Academy of Sciences 117(24): 13596−13602. doi: 10.1073/pnas.1922686117
    [37]
    Clements, C. E., J. D. Neill, and O. S. Stovall. 2009. The impact of cultural differences on the convergence of international accounting codes of ethics. Journal of Business Ethics 90(Supplement 3: Fifteenth Annual International Conference Promoting Business Ethics): 383−391. doi: 10.1007/s10551-010-0417-1
    [38]
    Cowie, R. H., P. Bouchet, and B. Fontaine. 2022. The sixth mass extinction: Fact, fiction or speculation? Biological Reviews 97(2): 640−663.
    [39]
    Du, X. 2013. Does religion matter to owner-manager agency costs? Evidence from China. Journal of Business Ethics 118(2): 319−347. doi: 10.1007/s10551-012-1569-y
    [40]
    Du, X. 2014. Does religion mitigate tunneling? Evidence from Chinese Buddhism. Journal of Business Ethics 125(2): 299−327. doi: 10.1007/s10551-013-1917-6
    [41]
    Elster, J. 1989. Social norms and economic theory. Journal of Economic Perspectives 3(4): 99−117. doi: 10.1257/jep.3.4.99
    [42]
    Festré, A. 2010. Incentives and social norms: A motivation-based economic analysis of social norms. Journal of Economic Surveys 24(3): 511−538. doi: 10.1111/j.1467-6419.2009.00594.x
    [43]
    Freeman, M. C., and B. Groom. 2013. Biodiversity valuation and the discount rate problem. Accounting, Auditing and Accountability Journal 26(5): 715−745. doi: 10.1108/AAAJ-02-2013-1226
    [44]
    Fu, P. P., and A. S. Tsui. 2003. Utilizing printed media to understand desired leadership attributes in the People’s Republic of China. Asia Pacific Journal of Management 20(4): 423−446. doi: 10.1023/A:1026373124564
    [45]
    Gaia, S., and M. J. Jones. 2017. UK local councils reporting of biodiversity values: A stakeholder perspective. Accounting, Auditing and Accountability Journal 30(7): 1614−1638. doi: 10.1108/AAAJ-12-2015-2367
    [46]
    Gaia, S., and M. J. Jones. 2019. Biodiversity reporting for governmental organisations: Evidence from English local councils. Accounting, Auditing and Accountability Journal 33(1): 1−31.
    [47]
    Gilligan, C. 1993. In a different voice: Psychological theory and women’s development. Harvard University Press.
    [48]
    Gray, S. J. 1988. Towards a theory of cultural influence on the development of accounting systems internationally. Abacus 24(1): 1−15. doi: 10.1111/j.1467-6281.1988.tb00200.x
    [49]
    Hambrick, D. C., and P. A. Mason. 1984. Upper echelons: The organization as a reflection of its top managers. The Academy of Management Review 9(2): 193−206. doi: 10.2307/258434
    [50]
    Haque, F., and M. J. Jones. 2020. European firms’ corporate biodiversity disclosures and board gender diversity from 2002 to 2016. The British Accounting Review 52(2), 100893. doi: 10.1016/j.bar.2020.100893
    [51]
    Hassan, A. M., L. Roberts, and J. Atkins. 2020. Exploring factors relating to extinction disclosures: What motivates companies to report on biodiversity and species protection? Business Strategy and the Environment 29(3): 1419−1436.
    [52]
    Hofstede, G. 1984. Culture’s consequences: International differences in work-related values. SAGE Publications.
    [53]
    Ibrahim, N., J. Angelidis, and I. M. Tomic. 2009. Managers’ attitudes toward codes of ethics: Are there gender differences? Journal of Business Ethics 90(3): 343−353.
    [54]
    Johnson, C., and B. Williams. 2020. Gender and political leadership in a time of COVID. Politics and Gender 16(4): 943−950. doi: 10.1017/S1743923X2000029X
    [55]
    Jones, M. J. 1996. Accounting for diversity: A pilot study. The British Accounting Review 28(4): 281−303. doi: 10.1006/bare.1996.0019
    [56]
    Li, H., Y. Zhang, Y. Li, and W. Zhang. 2012. Returnees versus locals: Who perform better in China’s technology entrepreneurship? Strategic Entrepreneurship Journal 6(3): 257−272.
    [57]
    Li, Y., Y. Lin, and L. Zhang. 2018. Trade secrets law and corporate disclosure: Causal evidence on the proprietary cost hypothesis. Journal of Accounting Research 56(1): 265−308. doi: 10.1111/1475-679X.12187
    [58]
    Liempd, D. V., and J. Busch. 2013. Biodiversity reporting in Denmark. Accounting, Auditing and Accountability Journal 26(5): 833−872. doi: 10.1108/AAAJ:02-2013-1232
    [59]
    Lu, J., and I. M. Herremans. 2019. Board gender diversity and environmental performance: An industries perspective. Business Strategy and the Environment 28(7): 1449−1464. doi: 10.1002/bse.2326
    [60]
    Maroun, W., and J. Atkins. 2018. The emancipatory potential of extinction accounting: Exploring current practice in integrated reports. Accounting Forum 42(1): 102−118. doi: 10.1016/j.accfor.2017.12.001
    [61]
    Maroun, W., K. Usher, and H. Mansoor. 2018. Biodiversity reporting and organised hypocrisy: The case of the South African food and retail industry. Qualitative Research in Accounting and Management 15(4): 437−464. doi: 10.1108/QRAM-07-2017-0066
    [62]
    Nadeem, M. 2021. Corporate governance and supplemental environmental projects: A restorative justice approach. Journal of Business Ethics 173(2): 261−280. doi: 10.1007/s10551-020-04561-x
    [63]
    Rimmel, G., and K. Jonäll. 2013. Biodiversity reporting in Sweden: Corporate disclosure and preparers’ views. Accounting, Auditing and Accountability Journal 26(5): 746−778. doi: 10.1108/AAAJ-02-2013-1228
    [64]
    Roberts, L., M. Nandy, A. Hassan, S. Lodh, and A. A. Elamer. 2022. Corporate accountability towards species extinction protection: Insights from ecologically forward-thinking companies. Journal of Business Ethics 178(3): 571−595. doi: 10.1007/s10551-021-04800-9
    [65]
    Ryou, J. W., A. Tsang, and K. T. Wang. 2022. Product market competition and voluntary corporate social responsibility disclosures. Contemporary Accounting Research 39(2): 1215−1259. doi: 10.1111/1911-3846.12748
    [66]
    Salter, S. B., and F. Niswander. 1995. Cultural influence on the development of accounting systems internationally: A test of Gray’s [1988] Theory. Journal of International Business Studies 26(2): 379−397. doi: 10.1057/palgrave.jibs.8490179
    [67]
    Samkin, G., A. Schneider, and D. Tappin. 2014. Developing a reporting and evaluation framework for biodiversity. Accounting, Auditing and Accountability Journal 27(3): 527−562. doi: 10.1108/AAAJ-10-2013-1496
    [68]
    Sunstein, C. R. 1996. Social norms and social roles. Columbia Law Review 96(4): 903−968. doi: 10.2307/1123430
    [69]
    Tadros, H., and Magnan, M. 2019. How does environmental performance map into environmental disclosure? Sustainability Accounting, Management and Policy Journal 10(1): 62−96.
    [70]
    Tingbani, I., L. Chithambo, V. Tauringana, and N. Papanikolaou. 2020. Board gender diversity, environmental committee and greenhouse gas voluntary disclosures. Business Strategy and the Environment 29(6): 2194−2210. doi: 10.1002/bse.2495
    [71]
    Usher, K., and W. Maroun. 2018. A review of biodiversity reporting by the South African seafood industry. South African Journal of Economic and Management Sciences 21(1): 62−96.
    [72]
    Weber, R. P. 1990. Basic content analysis. SAGE Publications.
    [73]
    Weir, K. 2019. The logics of biodiversity accounting in the UK public sector. Accounting Forum 43(3): 348−379.
    [74]
    Williams, S. M. 2004. An international investigation of associations between societal variables and the amount of disclosure on information technology and communication problems: The case of Y2K. The International Journal of Accounting 39(1): 71−92. doi: 10.1016/j.intacc.2003.12.003
    [75]
    Zarzeski, M. T. 1996. Spontaneous harmonization effects of culture and market forces on accounting disclosure practices. Accounting Horizons 10(1): 18.
    [76]
    Zhao, L. 2019. Biodiversity accounting and accountability in China. University of Sheffield.
    [77]
    Zhao, L., and J. Atkins. 2021. Assessing the emancipatory nature of Chinese extinction accounting. Social and Environmental Accountability Journal 41(1-2): 8−36. doi: 10.1080/0969160X.2021.1889386
    • Relative Articles
    • Supplements(0)
    • Cited By

Catalog

    通讯作者: 陈斌, bchen63@163.com
    • 1. 

      沈阳化工大学材料科学与工程学院 沈阳 110142

    1. 本站搜索
    2. 百度学术搜索
    3. 万方数据库搜索
    4. CNKI搜索

    Figures(1)  / Tables(13)

    Get Citation
    PDF
    XML
    Article views (32) PDF downloads(81) Cited by()
    Proportional views
    Related
    Link 

    Copyright © 会计与经济研究备案序号: 沪ICP备09005481号-4

    /

    DownLoad:  Full-Size Img  PowerPoint
    Return
    Return