Research On The Relationship Between Environmental Regulation,Green Technology Innovation And Enterprise Value

The reason why China’s environmental quality has been improved is that the country pays more and more attention to environmental protection.The government has formulated various rules and regulations to control enterprises,and formulated corresponding policies for environmental problems in the process of pollution prevention and control.The traditional economic development mode of Inner Mongolia is based on resource consumption,because it has rich mineral resources and many resource-based enterprises.The mining of mineral resources and the development of animal husbandry are not sustainable,but also cause some irreversible damage to the ecological environment.Therefore,Inner Mongolia needs to change its development mode.Because Inner Mongolia is located in the frontier and the transportation is not convenient,at the same time,there are some other market factors,leading to economic development is still relatively backward.Enterprises are closely related to natural ecology,so we should advocate green behavior in enterprises,Enterprises in Inner Mongolia should actively abide by the relevant environmental rules and regulations,and at the same time consciously take the initiative to carry out environmental governance and improve the production process.This paper comprehensively analyzes the impact of environmental regulation on enterprise value from the perspective of three types of environmental regulation,mainly selects enterprises in Inner Mongolia for empirical research,and divides it into economic value and social value dimensions.When we collect the data we need,we go to the business address to interview the relevant employees.In the process of obtaining the evidence of business operation,we can get real and effective conclusions that can be tested.Different types of environmental regulation have different effects on corporate wealth.In environmental regulation,the influence of command environmental regulation and market incentive environmental regulation on the economic value of enterprises is positive,which indicates that enterprises are more likely to accept these two forms of environmental regulation.Under different types of environmental regulations,green technology innovation plays a different role in mediating environmental regulations and enterprise value.Some play a partial mediating role,while others play a complete mediating role.Policy makers should make policies reasonable.This paper can make the rulers change the direction of environmental policy,and make a smooth implementation of the policy.