河北工业科技2016，Vol.33Issue(6)：456-463,8.DOI:10.7535/hbgykj.2016yx06003
基于内外视角的国有企业环境绩效与经济绩效相关性研究 ——以环境管理为调节变量
Study of the relationship between the environmental and financial performance of China's state-owned enterprise based on internal and external perspective: Taking environmental management as moderating variable
王媛 1姜珊 1周琪1
作者信息
- 1. 天津大学管理与经济学部,天津 300072
- 折叠
摘要
Abstract
In order to study the relationship between the environmental performance and the financial performance of China's state-owned enterprises, this paper adopts the pollution charge disclosed in annual report and the ISO14000 certificate as proxy variables for the internal and external environmental performance of an enterprise, and chooses net interest rate of the cost and total assets growth rate as proxy variables of financial performance of an enterprise.With the data from disclosed annual report of the Shanghai A-share listed company from 2010 to 2015 as sample, the paper uses multiple hierarchical regression to analyze the collected financial data and annual report data of listed companies, and introduces interaction items to analyze the regulating effect of moderating variable.This study indicates that internal environmental performance has a strong positive effect on profitability of an enterprise, but a strong negative effect on development capacity;while there is a negative relation between the external environmental performance and the financial performance and development ability of an enterprise.The result reveals that the environmental management of a state-owned enterprise could improve its financial performance in short term, however, to increase financial performance in long term, it depends on the improvement of environmental management and technology level to form special competition advantage.关键词
经营管理/中国国有企业/环境绩效/经济绩效/环境管理/相关性Key words
operating management/China's state-owned enterprise/environmental performance/financial performance/environmental management/relationship分类
管理科学引用本文复制引用
王媛,姜珊,周琪..基于内外视角的国有企业环境绩效与经济绩效相关性研究 ——以环境管理为调节变量[J].河北工业科技,2016,33(6):456-463,8.
