Research On The Credit Evaluation System In Chinese Corporations

Corporate environmental credit evaluation system is to improve the level of environmental regulation means innovation under the new era, and it is also an important part of the social credit system. The in environmental administrative leading sector is dominant, the combination of economic and legal means, to the enterprise for periodic rating and to social public evaluation results, urging enterprises to continuously improve the environmental behavior, and conscientiously fulfill the statutory obligations of the environmental and social responsibility.In the subject of corporate environmental credit evaluation system, I think the environmental protection department will be overloaded thus leading to lack of surveillance if it is given the absolute dominance. While the third evaluation institution is not mature enough and integrate, it is quite doable to properly use the ability of Environmental Non-Government Organizations and Corporate law supervisors; the involuntary enterprises should be included in the evaluation scope except their environmental credit is prescribed by the subject. Besides, the subjects which are evaluated should adjust the situation according to the key points in different environmental governance periods.For the content of credit evaluation system of enterprise environment, the key is evaluation method is easy to understand and accept, the evaluation should be more scientific and refined, the specification of power, reduce administrative discretion right. In addition, we should focus on the evaluation results of the dynamic management of the enterprise, credit deterioration timely downgrade, credit repair enterprise timely upgrade, to supervise enterprises to keep alert at any time.For the discussion on evaluation system process, the rationality and legitimacy of every stage should be importantly discussed, which may influence the administrative counterpart and relief ways. They are mainly used to fully guarantee the highly participatory of administrative counterpart, reduce the information distortion by technical methods, and assure being informed beforehand and effective afterwards.The present greatest problem of corporate environmental credit evaluation system effect is the applying scope of the evaluation results is too narrow and lack of the punishments and sanctions for unfriendly-environmental behaviors. Therefore, the environment department should be promoted to coordinate with other departments to share the evaluation results, and to realize more widely application in insurance industry and securities brokerage industries rather than only applying in green credit fields. In addition, the law hierarchy related to corporate environmental credit evaluation system should also be improved to strengthen legal responsibility and to make the system have the law to abide by instead of being formalistic.