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Does accountability audit of natural resource promote corporate environmental performance? An external supervision perspective

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  • Cailou Jiang

    (Nanjing University of Information Science and Technology
    Nanjing University of Information Science and Technology)

  • Rong Liu

    (Nanjing University of Information Science and Technology)

  • Jie Han

    (Nanjing University of Information Science and Technology)

Abstract

By taking the pilot policy of Accountability Audit of Natural Resource (AANR) as a quasi-natural experiment, this paper examines the impacts of AANR on corporate environmental performance (CEP). The moderating effects of media supervision and the rule of law are also examined from an external supervision perspective. The results indicate that AANR significantly promotes CEP. Media supervision significantly weakens the promotion effects of AANR on CEP, and a higher level of rule of law significantly enhances the promotion effects of AANR on CEP. On further analysis, the impacts of AANR on CEP are found significant in coastal regions and in heavily polluting enterprises.

Suggested Citation

  • Cailou Jiang & Rong Liu & Jie Han, 2023. "Does accountability audit of natural resource promote corporate environmental performance? An external supervision perspective," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(9), pages 9417-9438, September.
    • Handle: RePEc:spr:endesu:v:25:y:2023:i:9:d:10.1007_s10668-022-02441-0
    DOI: 10.1007/s10668-022-02441-0
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    Cited by:

    1. PENG, Langchuan & LI, Hao, 2024. "Environmental governance and firm's environmental investment: Evidence from the natural resources and assets accountability audit of outgoing officials," Finance Research Letters, Elsevier, vol. 65(C).

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