首页> 外文期刊>Environmental engineering and management journal >ENVIRONMENTAL REGULATIONS, TECHNICAL PROGRESS AND CORPORATE PERFORMANCE: EMPIRICAL STUDY BASED ON CHINESE PROVINCIAL PANEL DATA
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ENVIRONMENTAL REGULATIONS, TECHNICAL PROGRESS AND CORPORATE PERFORMANCE: EMPIRICAL STUDY BASED ON CHINESE PROVINCIAL PANEL DATA

机译:环境法规,技术进步和企业绩效:基于中国省级面板数据的实证研究

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摘要

Environmental regulation and its impact on corporate performance have attracted both the Government's and the academia's growing focus. The "Porter Hypothesis" theory shows that environmental regulation would exert direct impact on corporate performance, while technology progress would compensate for it indirectly. In this paper, we completely and specifically examines those two effects by setting the three models and creating the interaction variable in the third one. The panel data from 2000 to 2010 in 30 provinces (including the municipalities) of China can be used for empirical tests, and the results do not support "Porter Hypothesis", this is partially due to the relatively lower strength of environmental regulation in China, and on the other side the simple-means of the regulation plus the lack of incentive mechanism.
机译:环境法规及其对公司绩效的影响吸引了政府和学术界的日益关注。 “波特假说”理论表明,环境监管将对公司绩效产生直接影响,而技术进步将间接对其进行补偿。在本文中,我们将通过设置三个模型并在第三个模型中创建交互变量来完整而具体地检查这两种效果。 2000年至2010年中国30个省(包括直辖市)的面板数据可用于实证检验,结果不支持“波特假说”,部分原因是由于中国环境监管力度相对较低,另一方面,监管的简单手段加上缺乏激励机制。

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