WSR方法论视角下利益相关者驱动对企业碳绩效的影响研究：碳战略管理的中介作用

摘要/Abstract

摘要： 党的二十大报告提出“积极稳妥推进碳达峰碳中和”。企业碳绩效的提升对于实现“双碳”目标至关重要。以往关于企业碳绩效的研究对于利益相关者的能动性重视不够。针对该问题，本文基于WSR方法论，突出利益相关者的能动作用，分析了利益相关者驱动对碳绩效的影响以及碳战略管理在二者之间的中介作用。研究结果表明：①利益相关者驱动显著正向影响企业碳绩效。其中，政府驱动、股东驱动、债权人驱动、客户驱动对企业碳绩效具有正向促进作用。②碳战略管理在利益相关者驱动对企业碳绩效的正向影响关系中具有显著的中介作用。③在非国有企业、大规模企业和低碳试点城市的企业中，利益相关者驱动对企业碳绩效的影响更强，在国有企业、大规模企业和低碳试点城市的企业中，碳战略管理的中介效应更强。WSR方法论为企业提升碳绩效提供了“人理”视角，为企业进行碳战略管理和利益相关者管理提供了理论依据和实践指导。

关键词: WSR方法论, 碳绩效, 利益相关者驱动, 碳战略管理, 文本分析

Abstract: The report of the 20th National Congress of the Communist Party of China proposed to “actively and steadily promote carbon peaking and carbon neutralization”. The improvement of corporate carbon performance is crucial for achieving the goal of carbon peaking and carbon neutralization. Previous studies on corporate carbon performance have not paid enough attention to the initiative of stakeholders. To solve this problem, based on WSR methodology, this paper highlights the dynamic role of stakeholders, analyzes the impact of stakeholder drivers on carbon performance and the intermediary role of carbon strategic management between the two. The conclusions are as follows. (1) Stakeholder drivers have a significant positive impact on corporate carbon performance. Specifically, government driver, shareholder driver, creditor driver and customer driver have a positive effect on corporate carbon performance; (2) Carbon strategic management plays a significant intermediary role in the positive impact of stakeholder drivers on corporate carbon performance; (3) The effect of stakeholder drivers on corporate carbon performance is stronger in non-state owned enterprises, large scale enterprises and enterprises in low carbon pilot cities, and the mediating effect of carbon strategy management is stronger in state owned enterprises, large scale enterprises and enterprises in low carbon pilot cities. The WSR methodology provides a humanistic perspective for enterprises to improve carbon performance, and provides theoretical basis and practical guidance for enterprises to conduct carbon strategic management and stakeholder management.

Key words: WSR methodology, carbon performance, stakeholder drivers, carbon strategic management, textual analysis

吕欣, 温素彬, 李慧, 张金泉. WSR方法论视角下利益相关者驱动对企业碳绩效的影响研究：碳战略管理的中介作用[J]. 管理评论, 2025, 37(9): 56-69.

Lyu Xin, Wen Subin, Li Hui, Zhang Jinquan. Study on the Impact of Stakeholder Drivers on Corporate Carbon Performance from the Perspective of WSR Methodology: The Mediating Role of Carbon Strategy Management[J]. Management Review, 2025, 37(9): 56-69.

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