The Influence Research Of Corporate Environmental Responsibility Performance And Financial Performance

In recent years, with the growing of economy, enterprise developed quickly, as well as social economy.While the enconomic is developing, plenty of environment problem comes around. Such as which perplex us human beings like haze、the petroleum pipeline explosion、 the water pollution and so on. The environment pollution problem has been damaged the human society survival and development seriously,which restrict the development of human society. As a matter of fact, it is impossible to sacrifice the environment to improve the financial performance of entertise.The problem can’t be solved that depend on the policy of the government and the supervise of the society.Environmental pollution is mostly caused by the business activities of enterprises. Enterprise only pursue economic benefit while ignoring the environmental problems.To solve these serious environmental problems which damage the human’s life and property, it must be from the enterprise, we need to let the enterprise in the pursuit of profit at the same time also to environmetal respnsibility. Environmental respnsibility and financial performance could find an equilibrium between them makes the enterprise in the economic growth of both environmental protection at the same time.The solution is imminent.On the relationship between the corporate environmental respnsibility and financial performance are studied, if companies can also achieve economic and environmental benefits.In view of the above problems, This paper mainly on the relationship between the corporate environmental responsibility and financial performance are studied. Combined the literature analysis, normative analysis and empirical analysis method to study. The theory basis of the research is the social responsibility theory sustainable development theory, stakeholder theory,and the the circular economy. Definition of the concept of responsibility to the environment in detail.Expounds the related concepts of financial performance. To analysis the influence factors of responsibility to the environment and financial performance. By reference to relevant research of scholars both our country and other countries, we choose manufacturing listed companies as the research sample data, discharge per unit of output as the proxy variable of environmental responsibility. With a total return on assets, return on equity of financial performance proxy variables. Through the theoretical research and empirical research method of combining the study of the relationship. We come up with some related policies based on the performance of enterprise environmental responsibility improvement from the point of view of the external management and internal governance. Prompted both to achieve a win-win state, to improve the competitiveness of the enterprise, made the enterprise sustainable development.