融资约束、金融改革与低碳经济发展  

Financing Constraints,Financial Reform and the Development of Low-carbon Economy

作　　者：张蕾蕾[1] 

机构地区：[1]山东管理学院

出　　处：《财会通讯（下）》2015年第6期95-99,129,共5页Communication of Finance and Accounting

基　　金：山东省高校人文社科项目"山东省上市公司社会责任信息披露研究"(项目编号:J12WF61)的阶段性研究成果

摘　　要：本文以我国137家低碳类上市公司为样本,分析了我国低碳经济发展面临的融资约束困境以及现阶段政府推进的金融改革对融资约束的缓解效应。研究发现,我国低碳经济发展面临严重的融资约束困扰,信贷资金配置市场化水平的提升对融资约束具有缓解效应。为促进低碳经济发展,应严格规范对金融部门的行政干预,提升金融机构经营的市场化水平,并促进金融业竞争由低水平数量型竞争转向高水平效率型竞争。Low-carbon economy is the inevitable choice for building resource-efficient and environment—friendly society.Using panel data of enlisted companies in Chinese low-carbon industry from 2007 to 2011,this paper studies the relationship among financing constraints,the development of low-carbon economy and financial reform.The research finds out that:the development of low-carbon economy is handicapped by financing constraints;the increase of the market level of capital allocation has eased the financial constraints.we should ameliorate the external financial environment for the development of low-carbon economy,restrict government intervention,and promote financial institution to enhance the market level of operation.

关 键 词：融资约束 低碳经济 金融改革 

分 类 号：F832.51[经济管理—金融学] F124.5