目錄 論文 1 打開天窗說亮話:“去杠桿與杠桿操縱”研究之緣起及展望 陸正飛 11 中國制造業(yè)上市公司資本投資下降之謎 辛清泉 鄧茜丹 劉星 35 媒體監(jiān)督對(duì)高管薪酬結(jié)構(gòu)的影響——基于大股東掏空的視角 黃志忠 鄭依林 趙文妍 57 環(huán)?!百M(fèi)”改“稅”與企業(yè)創(chuàng)新投入——來自環(huán)保稅政策實(shí)施準(zhǔn)自然實(shí)驗(yàn)的證據(jù) 孫雪嬌 甦葉 87 問詢函可以降低公司代理成本嗎——來自中國上市公司的證據(jù) 余怒濤 李文文 陶林汶 106 環(huán)境信息披露、高質(zhì)量審計(jì)與盈余持續(xù)性 ?,摤摗∨峒t梅 CONTENTS Articles 1 Putting It Fair and Square:The Origin and Prospect of the Research on “Deleveraging and Leverage Manipulation” Zhengfei Lu 11 The Capital Investment Decline Puzzle of China’s Listed Manufacturing Firms Qingquan Xin,Qiandan Deng and Xing Liu 35 Media Monitoring,Large Shareholder Tunneling,and Executive Compensation Zhizhong Huang,Yilin Zheng and Wenyan Zhao 57 The Shift from Environmental Protection“Charges”to“Taxes”and Enterprise Innovation Investments:A Quasi-Natural Experiment Based on the Implementation of Environmental Protection Taxes Xuejiao Sun and Ye Su 87 Does Inquiry Letter Reduce Enterprise Agency CostsEvidence from Chinese A-Share Listed Companies Nutao Yu,Wenwen Li and Linwen Tao 106 Corporate Environmental Information Disclosure,High-Quality Auditing and Earnings Persistence Yingying Chang and Hongmei Pei