重污染企业环境绩效与财务绩效关系研究

Research on the Relationship Between Environmental Performance and Financial Performance of Heavy Polluting Enterprises

重污染企业是环境污染产生的主要源头,环境承载能力下如何既能使环境得到必要保护又能使财务效益良好的发展,是本研究要探求的关系和平衡点。文章基于重污染企业视角,运用Eviews9.0进行格兰杰因果检验,得出环境绩效对财务绩效是单向正相关的结果;运用Stata14.0进行回归分析,得出以下结论:(1)环境绩效与财务绩效之间存在单向正相关关系;(2)规模对企业环境绩效与财务绩效之间的正向影响更显著;(3)地理位置对环境绩效与财务绩效的正向影响更显著。

Heavy polluting enterprises are the main source of environmental pollution.The relationship and balance point of this study is to explore the development mode based on the environmental carrying capacity.This can not only protect the environment but also make the financial benefit good.Based on the perspective of heavy polluting enterprises,this paper uses Eviews9.0 to carry out Granger Causality Test,and concludes that environmental performance has one-way positive correlation with financial performance.Using Stata14.0 to carry out regression analysis,the following conclusions are drawn:(1)there is one-way positive correlation between environmental performance and financial performance;(2)scale has a positive impact on environmental performance and financial performance;(3)the positive impact of geographical location on environmental performance and financial performance is more significant.