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气候适应型城市建设对于应对气候风险不确定性和强化企业可持续发展能力具有重要意义。基于此，将气候适应型城市建设作为一项准自然实验，系统考察气候适应型城市建设对企业气候风险信息披露的影响。实证结果表明：气候适应型城市建设能显著地促进企业气候风险信息披露。机制分析和检验发现，气候适应型城市建设对企业气候风险信息披露的影响主要通过提高公众环境关注度、提升绿色创新能力和缓解代理冲突来实现。异质性分析表明，气候适应型城市建设对高管绿色认知水平低、市场竞争度高、重污染行业企业的气候风险披露影响更加显著。研究结论为气候适应型城市建设促进企业环境治理实践、提升气候风险治理水平提供了经验借鉴和启示。
Abstract：Climate resilient cities construction represents an innovative measure in China to address the uncertainty associated with climate risks, which is of great significance for enhancing the sustainable development capabilities of enterprises. Taking the climate resilient cities construction as a quasi-natural experiment to systematically examine its impact on the climate risk information disclosure of enterprises. The empirical results show that climate resilient cities construction significantly promotes corporate climate risk information disclosure. Mechanism analysis reveals that the impact of climate resilient cities construction on corporate climate risk information disclosure is mainly achieved through increasing public environmental attention, enhancing green innovation capabilities, and alleviating agency conflict level. Heterogeneity analysis indicates that the upgrading effect of corporate climate risk disclosure is more significant in enterprises with state-owned property rights and executives possessing low green cognition levels, as well as regions with inadequate legal environments. The research conclusions provide empirical references and inspirations for climate resilient cities construction to promote the environmental governance practices of enterprises and improve the level of climate risk governance.
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(1)本文根据实证设计进行分析，结论仅供参考。
基本信息:
中图分类号:P467;F279.2
引用信息:
[1]李英,于雅兰,牛彪,等.气候适应型城市建设对企业气候风险信息披露的影响研究[J].金融理论与实践,2026,No.558(01):63-76.
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2026-04-03