A Study Of Relationship Between Corporate Governance Structure And Environmental Performance

With the environmental problem increasingly prominent, the enterprise environment management has become the focus of research scholars both at home and abroad. But due to the late start of theoretical research of environmental problems, ti's not completed theoretical system, on many issues have not reached consensus and there are many differences on the opinion. Under the background of the current research on the analysis, it is in this paper that hope to find the influence from the enterprise internal cause. Not only provide some of the environmental protection meaningful suggestions and opinions to the enterprise environmental performance for Chinese enterprises, but also help enterprise environmental management theory system architecture of the perfect.Through the study of environmental performance of the heavy pollution industry in Chinese listed companies, researchers found that because of the actual control of different, the environmental performance of enterprises is different, and the actual control of different directly affect corporate governance is the difference. Therefore, based on different relations as a starting point, researching enterprise internal management structure and environmental performance of actual control of different in the heavy pollution industry, in the existing literature analysis made on the basis of finishing the corresponding theory basis, including the enterprise existing research results of environmental performance review, corporate governance and the related literatures were reviewed, and the research involved in the process of social responsibility of the enterprise and the government control prisoners theory. Then, the article based on the existing basis for two properties achieved the related hypotheses, the listed company governance structure and environmental performance, through the model built to research the relationship between enterprise internal governance structure and environmental performance.Because our country is still not disclose the information related to environmental performance, so this policy adopted by statistical methods of environmental performance is used in some previous research method, on the basis of the actual situation in our country to redefine the statistical methods. In this paper, before researching the relationship between the environmental performance and internal governance structure of the association, firstly both from Shanghai and Shenzhen of the enterprise's sample 281 variables describing the statistics. The characteristics of sample enterprise rules and variables simply summarized:the mean of state-owned enterprise of sample to environmental performance lower than non-state-owned enterprises, the results made the research be continues. In the environmental performance of enterprises with internal governance structure of correlation study shows that:state-owned enterprise environmental performance and eventually control of two rights separation degrees are significant positive correlation; non-state-owned enterprises and environmental performance of independent directors, executive officers shareholding ratio and the biggest shareholder be a president or the general manager of the three variables are significantly correlated, and environmental performance of enterprises with independent directors proportion is positively correlated, with executives shareholding and the biggest shareholder be as chairman or general manager are negative correlation; the corporate governance structure of the rest of the variables with the two properties of environmental performance of enterprises are not related. Regression testing results conform to the correlation before, the results accord with the assumption that also is consistent with the actual situation in our country.In order to strengthen the research results, this paper selects the practicality of a serious environmental pollution accident of ZiJin Group as a case, it's internal governance structure and environmental performance of correlation was analyzed and indicated that because of state-owned enterprise owners lack of government regulation, heavy pollution caused by captive industry environment pollution prevention work hard to get the effect of environmental protection work and beside people in China. At the same time, in spite of the non-state-owned enterprises are better environmental performance cage, but the internal governance structure also has many problems, for example a common property right structure, the board of directors does not play a significant role, etc, these are all enterprise internal reasons for environmental performance. In this paper, the research and study of the research methods are made some innovation. The paper based on the related studies arrangement, found the reasons from the enterprise internal; in the study, also according to the level of enterprises of the actual situation in our country; in order to verify this research conclusion, I selected a typical case as compared, to confirm the reliability of the conclusion. Of course, this research also have many shortcomings. Because our country has no enterprise environmental performance data, all the relevant statistical aspects are not objective. Due to the environmental performance data acquisition, this paper uses the data of the year 2008 cross-sectional studies that the time span is not long. In the research of enterprise nature, in the classification of enterprise internal control system in hypothesis based on the standard form, not because of involved in regulating the immaturity of the enterprise management mode, for example their market development elements, etc. These problems in the future research need to be improved.