| As a major component of social responsibility, environmental governance has been the focus of theoretical-practice field. Corporate environmental governance is the result of interactions between macro-social system and corporate-level organizational factors, the dynamic force further promoting companies to fulfill their responsibility, and a prerequisite for corporate social functions. In this paper, the behavior of environmental governance of listed companies in china is studied from the viewpoint of corporate social responsibility.Overall, we have got the following result:1、We provided support for the theoretical study of corporate environmental governance in China. In the critical period of economic transformation and policy adjustment, enterprise must show the different characteristic in the performance of governing environment. In this paper, a unique questionnaire and score data were used to comprehensively investigated the environmental governance behavior of Chinese enterprises, especially the listed company, to provide theoretical support for the study of environmental governance in Chinese enterprise.2、We described the current situations of our countries’enterprise environment treatment. In recent years, while the "harmonious society" has become the core of thoughts and ideas of the social development in our country, one-sided emphasis on traditional development mode of economic growth is gradually replaced by the equilibrium model of the sustainable development which takes environmental and social benefits into consideration.So what is the opinion of enterprises on environment management and what is the present situation of implementing environment management responsibility in our country? In this paper we made a comprehensive description of Chinese listed companies’ problems in the environmental management through analyzing the questionnaire concerning the listed company made by Shanghai stock exchange.3、We provided reasonable proposals and recommendations to improve the corporate environment governance systemin this paper. It is a big issue in both theory and practicehow to improve the existing system to establish the suitable regime ensuring harmonious development. Furthermore, we revealedthe factors affecting the Chinese enterprises to fulfill the behavior of environmental governance by comprehensive analysis of environmental governance in China, itprovides reasonable proposals and recommendations to how to improve our corporate social responsibility system, especially the environmental governance system.4、We improved the disclosure system of environment management report between listed companies in China. It has become a trend that the listed companies disclose the corporate social reports. However, there exist some problems such as formalized disclosure, partial information, falsification in the process of our development. The research helps stakeholders realize the quality and disclosure of environment management report between listed companies in China, and also has certain referenced value to sustainable development of listed companies and effective allocation of resources and the improvement of information transparency in the capital market.In summary, this paper was studied from the following aspects:1. With the rapid development of market economy and the accumulation of various conflicts in China, the research on corporate social responsibility is becoming the hot spot. Based on the survey from Shanghai Stock Exchange, the current situation of listed corporates’ social responsibility was investigated. And from the perspectives of shareholders, creditors, employees, customers, environment, society and other related stakeholders, a detailed analysis on the fulfillment corporate social responsibilities was made.2. Base on comparative analysis on evaluation methods of environmental governance in theoretical field and practice field abroad and the survey on the key indicators of the investment, profit, actions and effects of the environmental governance, the evaluation system of environmental governance of listed companies in China is constructed, which makes the whole process of environmental governance as the core, in which the setting of strategic objectives for environmental governance is studied first, on the basis of the understanding of the system design of environmental governance, department architecture and process design. Then, a comprehensive evaluation of environment manage situation of the Companies listed in Shanghai and Shenzhen market in2010is studied from the aspects of the polluting industries, market capitalization and sector, business type, industry classification, geographic, and profitability and so on.3. The relationship between corporate environmental governance and economic performance has been paid attention by theorectical-practice fields. On the basis of related researches, a model is so constructed that includes external factors such as laws and regulations, the level of economic development, the habit of culture and custom, moral environment,and internal factors such as the influence of stakeholders on listed companies, the development and characteristics of company itself, etc. The paper has investigated the interactive influence between environmental governance and economic performance of listed companies in China from the perspective of enterprise value, financial performance and capital cost. 4. Taked into account of the institutional environment, economic and social culture environment in China, and the mature research results, the information quality evaluation system of enterprise environmental governance is established. Then the practice of environmental governance of listed companies in China is studied. And the influence of various potential factors on the information quality of environmental governance was studied.5. In order to provide reference for further understanding of the information disclosure quality issue of Chinese listed companies’ environmental governance, based on comprehensive utilization of cross-sectional information and sequence information, a panel Logit model is established, which analyzes the influence of various factors on voluntary information disclosure of environmental governance of listed companies. |
PDF Full Text Request