中文摘要：

企业环境信息公开通过加强市场和公众等利益相关者对企业环境行为的激励作用,促进企业改善其环境绩效。文章以常熟市参与环境行为评级和信息公开的企业为研究对象,分析了企业参与信息公开后总体环境绩效及具体环境行为的变化情况。同时,基于企业微观数据,构建了企业环境绩效变化与环境行为历史评级结果的关系模型,分析企业对环境行为评级与公开的响应程度。结果表明：历史环境评级结果差、有外资投入的企业对环境信息公开更能产生积极的响应;不同规模和行业类型的企业的响应程度没有显著的差异。进一步的研究发现,历史评级结果较差的企业感受到最大的压力变化来源于政府部门的监察,而有外商投资的企业则明显感到来自下游企业和投资者的压力。

英文摘要：

Corporate environmental information disclosure is considered to be an important environmental instrument to improve corporate environmental performance by strengthening the stimulus from stakeholders.This paper selected the firms participating in the environmental performance rating and disclosure program in Changshu City as the research object,and analyzed their overall environmental performance improvement and specific environmental behavior changes.In addition,based on firm-level data,an econometric model for the relationship of corporate environmental performance change and their rating records of environmental performance was developed to examine which firms were more active in the corporate environmental performance rating and information disclosure program.Results showed that firms getting bad environmental performance records or firms with foreign capital were more likely to make an improvement.However,firm scale and industrial sector did not show significant impact on firms＇ environmental performance change.Further investigation showed that firms with worse rating records would face higher pressure from the government while firms with foreign capital would receive relatively high pressure from downstream firms and investors.