管理层能力与企业环保投资关系研究——基于市场竞争与产权性质的调节作用视角

发布时间：2018-03-29 09:31

本文选题：企业环保投资　切入点：“U”型关系　出处：《华东经济管理》2017年09期

【摘要】：文章利用2010-2015年我国沪深两市A股重污染行业上市公司的经验数据,对企业管理层能力与企业环保投资相关性进行探讨。研究发现:管理层能力与企业环保投资规模呈"U"型关系,即管理层能力存在一个临界点,低于该点时管理层能力越高企业环保投资规模越低。与民营上市公司相比,国有控股上市公司管理层能力对企业环保投资作用更显著,大部分国有控股企业处于"U"型关系中临界值之后的阶段,民营企业处于临界值之前的阶段。进一步研究市场竞争对二者之间的敏感性的影响发现,相对于高市场竞争,当行业处于低市场竞争时,管理层能力与企业环保投资规模"U"型关系更加陡峭。研究结论有助于从企业、政府、市场层面为环境治理提供对策建议。
[Abstract]:Based on the empirical data from 2010 to 2015, this paper discusses the relationship between management ability and environmental protection investment. The relationship between management ability and scale of environmental protection investment is found to be "U". That is to say, there is a critical point in the management ability, below which the higher the management ability, the lower the scale of environmental protection investment. Compared with the private listed company, the management ability of the state-owned holding listed company has a more significant effect on the environmental protection investment of the enterprise. Most state-owned holding enterprises are in the stage after the critical value in the "U" type relationship, and the private enterprises are at the stage before the critical value. Further study on the influence of market competition on the sensitivity between them shows that, compared with the high market competition, When the industry is in low market competition, the relationship between management ability and the scale of environmental protection investment is more steep.
【作者单位】：天津理工大学管理学院;
【基金】：国家社会科学基金项目(17AGL027) 国家自然科学基金项目(71502127) 天津市市教委社会科学重大项目(2016JWZD23)
【分类号】：F272.91;F275;X322

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