摘要
企业完成环境保护与治理责任的主要措施是环保投资。环保投资促进企业价值上涨的路径及条件事关企业环保投资的动力及效果。研究表明,环保投资促进企业价值上涨的作用路径表现为环保投资经由环保绩效这一非常重要的中介通道,最终促进企业价值创造;在环保投资与企业价值之间的逻辑链条中,环保绩效必须发挥正向传导作用,即环保投资促进环保绩效,以及环保绩效促进企业价值必须同时发生。
To fulfill their responsibility of environmental protection and governance,enterprises should and must invest in environmental protection.It is very necessary to study the path and condition of environmental investment’s promoting enterprise value,which concerns the motive force and effect of environmental investment of enterprises.Through analysis,it is found that the path of environmental investment’s promoting enterprise market value is as follows:In the logic chain of environmental investment’s promoting enterprise value creation,environmental performance plays a very important role as an intermediary channel.And the condition of environmental investment’s promoting enterprise value is as follows:Environmental performance must play a positive conductive role,which means positive correlation exists both between environmental investment and environmental performance and between environmental performance and enterprise value at the same time.
作者
刘常青
刘桂军
LIU Changqing;LIU Guijun(Zhengzhou University of Aeoronautics,Zhengzhou,Henan Province 450046)
出处
《郑州航空工业管理学院学报》
2021年第2期66-72,共7页
Journal of Zhengzhou University of Aeronautics
基金
河南省社科规划项目(2018BJJ059)
河南省软科学项目(182400410673)。
关键词
环保投资
环保绩效
企业价值
environmental investment
environmental performance
enterprise value
path
condition
