市场激励型环境规制、环保投资与制造企业绩效  

Market Incentive Environmental Regulation, Environmental Protection Investment and Manufacturing Enterprise Performance

作　　者：郑文轩 张磊[1] 

机构地区：[1]上海工程技术大学管理学院,上海

出　　处：《运筹与模糊学》2023年第3期2530-2540,共11页Operations Research and Fuzziology

摘　　要：在包含市场激励型环境规制,环保投资和制造企业绩效的框架下,以2010~2022年沪深A股制造业上市公司为研究样本,实证检验了市场激励型环境规制对制造企业绩效的影响,并探究了环保投资在其中的中介作用。结果表明:市场激励型环境规制对于制造企业绩效具有显著的促进作用,环保投资在其中发挥了中介效应,进一步异质性分析发现,市场激励型环境规制显著促进了重污染制造企业绩效。研究结论为政府制定多样化环境规制手段提供了参考价值与借鉴意义。Under the framework of market incentive environmental regulations, environmental protection investment, and corporate performance, this study empirically tests the impact of market incentive environmental regulations on the performance of manufacturing enterprises using listed companies in the Shanghai and Shenzhen A-share manufacturing industry from 2010 to 2022 as research samples, and explores the mediating role of environmental protection investment in it. The results show that market incentive environmental regulation plays a significant role in promoting the performance of manufacturing enterprises, and environmental investment plays a mesomeric effect in it. Through heterogeneity analysis, it is found that market incentive envi-ronmental regulation significantly promotes the performance of heavily polluting manufacturing enterprises. The research results provide reference value for the government to develop diversified environmental regulation measures.

关 键 词：市场激励型环境规制 环保投资 企业绩效 

分 类 号：F27[经济管理—企业管理]