Characteristics Of Top Management Team,Corporate Environmental Responsibility And Corporate Performance

In recent years,with the rapid development of China's economy,environmental problems have become increasingly serious,and the contradiction between economic development and environmental sustainability has intensified.The environmental pollution problem brought about by the production and operation of enterprises is very prominent,which has caused the industry to pay close attention to the environmental responsibility of enterprises outside the economic interests.It is a common phenomenon all over the world.In 2016,General Secretary Xi pointed out:"The construction of ecological civilization is related to the sustainable development of the Chinese nation and the realization of the goal of 'two hundred years'.Protecting the ecological environment means protecting productivity and improving the ecological environment is to develop productive forces." The 19th National Congress of the Communist Party of China also adheres to the harmonious coexistence of man and nature into the new era of socialism with Chinese characteristics,and demands that lucid waters and lush mountains are invaluable assets.Highlight environmental issues.It can be seen that undertaking environmental responsibility of enterprises not only contributes to the improvement of the ecological environment,but also contributes to the long-term development of the enterprise itself and realizes a"win-win" for ecological and economic benefits.As a basic cell of society,it is not only the main body of social production and economic operation,but also the direct producer of living materials.It is also the consumer of resources and the maker of environmental pollution.It is responsible for paying close attention to ecological benefits while pursuing economic benefits.Social benefits,actively protect the environment,maximize economic,social and environmental benefits,and build a resource-saving and environment-friendly society.There are a large number of chemical industries in the heavily polluted industry.It is not only an important part of the national economy,but also one of the heavily polluting industries in China.The impact of the chemical industry on the environment in production and operation should not be underestimated.Therefore,the chemical industry How do companies reduce environmental pollution and actively fulfill the correlation between environmental responsibility and company performance in the context of sustainable development?In the process of enterprise development,the executive team as a strategic decision-maker has the right to choose strategy and organizational operations,determine the company's performance and long-term development,whether its own characteristics will affect environmental responsibility and company performance,and how Affect the relationship between them?First of all,this paper combines the theory of high-step team theory,sustainable development theory and resource dependence theory by combing the correlation between corporate environmental responsibility and company performance,executive team characteristics and corporate environmental responsibility,executive team characteristics and company performance.In order to explore the main effects of corporate environmental responsibility and company performance,and the role of executive team in regulating the relationship between environmental responsibility and corporate performance,the following is a theoretical foundation.Secondly,based on the theoretical research,the research design is made.The chemical industry listed companies in the A-share listed companies in China's Shanghai and Shenzhen Stock Exchanges from 2013 to 2017 are selected as research objects,and 710 valid sample data are obtained.Responsibility evaluation system,using content analysis method to obtain relevant data as the agency environmental responsibility agent variable,using Tobin Q value as the company performance agent variable,researching the main effect relationship between corporate environmental responsibility and company performance;and introducing the homogeneity characteristics of senior management team(including average age,average term,average degree of education and female executives)and heterogeneity(including age heterogeneity,term heterogeneity and academic heterogeneity),study the different characteristics of corporate executive team on corporate environmental responsibility Whether there is a regulatory effect on the correlation with company performance.Finally,based on the results of empirical research,we will comprehensively consider the characteristics of senior management members,rationally construct a high-quality and efficient senior management team;establish and improve laws and regulations related to environmental responsibility,actively encourage enterprises to fulfill environmental responsibilities;improve environmental information disclosure mechanism,and build enterprises The three aspects of the environmental responsibility evaluation system draw relevant countermeasures and suggestions,improve the enthusiasm and initiative of enterprises to fulfill environmental responsibility,improve corporate governance,and achieve sustainable development.