A Research On The Relationship Between Enterprise Environmental Ethical Culture,Environmental Management And Earnings Quality

With the improvement of attentions people pay to environmental protection issues,the state has made greater efforts to control environmental pollution and actively fulfilled its social responsibilities has become the basic requirement of modern enterprise management.Driven by economic interests,enterprises are often forced to implement environmental protection only under the rigid and stringent environmental regulations,but as a result,the implementation of environmental laws and regulations is ineffective and cannot effectively reduce the negative impact on the environment.In order to effectively improve the environmental protection effect,enterprises must change their existing environmental management attitudes and enhance the internal motivation of environmental management internally.Domestic and foreign scholars have begun to pay attention to the relationship between environment and economic development,but the research focuses on the relationship between corporate environmental information disclosure and profitability and the relationship between environmental management and profitability.However,the research conclusions are quite different,the relationship between them is still inconclusive.Environmental ethics culture is the core of sustainable development of enterprises.Corporate culture and environmental ethics culture will inevitably affect the environmental management system,thereby affecting the quality of earnings.Therefore,taking the Shanghai and Shenzhen A-share listed companies from 2014 to 2016 as a sample,based on the social responsibility theory and institutional economics theory,this paper brings the enterprise environmental ethics culture,environmental management system and profit quality into the analysis frame simultaneously.Relationship and influence path.This thesis is creative and comprehensive in the measurement of variables.Using content analysis method to embody enterprise environmental ethics culture,this paper constructs a set of objective and reliable scoring methods and standards systematically from the aspects of internal management,external management and external evaluation Eleven environmental management indicators were selected to measure the environmental management indicators,and 18 financial indicators were selected from five dimensions in building the profitability evaluation model,taking full account of the influencing factors.On the research methods,we set up hypotheses,establish multiple linear models,and use the scale of enterprises,economic regions,whether state-owned holding,asset-liability ratio,net asset growth rate as the control variables to constrain the model,using multiple regression analysis and intermediary effects test phase Combined with the regression analysis of the model.Based on the theoretical and empirical research,it is found that:(1)Enterprises with higher environmental ethics have higher levels of environmental management and a better environmental management system;(2)In the short run,the ethical culture of investment environment of enterprises has a negative impact on earnings quality Environmental management indicators play an intermediary role in the negative impact of environmental ethics culture on the quality of earnings;(3)Empirical studies also take into account the lag of the environmental ethics culture and the quality of earnings,the lag test results show that in the long term Seeing that corporate environmental ethics culture has a significant positive correlation with earnings quality and has not been supported.