摘要
以沪深A股上市公司为样本,构建动态面板模型,基于技术资本的中介效应视角,挖掘环境规制对企业价值的影响路径。研究表明,环境规制、技术资本与企业价值具有明显的内在相关性,技术资本的中介效应显著成立。本研究不仅丰富了"波特假说"的现实证据,也对通过促进技术资本积累来改进环保绩效与可持续价值增长提供了有益的借鉴。
Using Shenzhen and Shanghai A‐share listed companies as samples ,this paper constructs a dynamic panel model and excavates effecting paths of environmental regulation to enterprise value from viewpoint of technology capital intermediary effect . The results show that environmental regulation , technological capital and enterprise value have obvious correlation ,meaning that the intermediary effect of technological capital is significantly supported .It not only enriches real evidences about Potter hypothesis , but also provides useful references to improve environmental performance and sustainable value grow th through promoting technological capital accumulation .
出处
《统计与信息论坛》
CSSCI
北大核心
2015年第11期57-62,共6页
Journal of Statistics and Information
基金
国家社会科学基金项目<同等保护各类资本产权与混合所有制经济健康发展研究>(15BJL021)
山东高校人文社科项目<山东省装备制造业技术资本配置与价值驱动研究>(J15WB100)
青岛农业大学人文社科基金项目<技术资本
TMT异质性与企业成长>(6611115755)
关键词
技术资本
环境规制
企业价值
中介效应
technology capital
environmental regulation
enterprise value
intermediary effect