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首页> 外文期刊>Journal of Sustainable Development >Testing Environmental Kuznets Curve Hypothesis at Firm Level in India
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Testing Environmental Kuznets Curve Hypothesis at Firm Level in India

机译：在印度公司层面测试环境库兹涅茨曲线假说

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All over the world, deterioration of environmental quality has been considered as a hot issue. The growing number of industries is one of the major reasons for the enhanced level of pollution and fast degradation of environmental resources. This situation urges the corporates to involve themselves in socially responsible activities and to periodically assess the ecofriendly technologies. This paper proposes to investigate the Environmental Kuznets Curve Hypothesis, with reference to sample companies listed in BSE S&P – 500, over the period 1st April 2005 to 31st March 2014. In order to determine the existence of EKC relationship, the sign and magnitude of regression coefficients were analyzed. The results exhibited U shaped relationship for ROE, ROCE, and ROS. At the same time, EKC relationship, by way of inverted U shaped curve, was found for ROA. Based on the empirical findings of this study, some suggestions have been put forward to the corporates and policy makers, to control the level of energy intensity, by implementing eco-friendly technologies.
机译：在世界范围内，环境质量的下降一直被认为是一个热门问题。行业数量的增长是污染水平提高和环境资源快速退化的主要原因之一。这种情况促使公司参与对社会负责的活动，并定期评估环保技术。本文建议参照2005年4月1日至2014年3月31日期间在BSE S＆P 500中列出的样本公司调查环境库兹涅茨曲线假说。为了确定EKC关系的存在，回归的符号和大小系数进行了分析。结果显示ROE，ROCE和ROS呈U形关系。同时，通过倒U形曲线发现了ROA的EKC关系。根据这项研究的经验发现，已经向企业和政策制定者提出了一些建议，以通过实施环保技术来控制能源强度水平。

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