Research On The Environmental Regulation,environmental Investment And Enterprise Competitiveness

With the establishment of the central environmental protection supervision group,China's emphasis on environmental protection has also increased,and the solution to the environmental pollution problem of enterprises has become the focus of the current environmental work.As the main consumer of resources,enterprises obviously bring a certain degree of damage to the environment in the process of production and operation.However,from the current situation of enterprise environmental protection,in order to ensure the profit level and reduce production costs,the willing of investment in environmental protection and governance is not high.Therefore,how to promote enterprises to increase environmental protection investment through environmental regulation policy,how to effectively comply with the government's environmental regulation policy,and then through increasing environmental protection investment,green technology innovation and other ways to reduce production costs and improve the competitiveness of enterprises,has become the focus of the research.Based on this,on the basis of summarizing the research results of domestic and foreign scholars,this paper chooses 946 sample data of heavy polluting enterprises listed in Shanghai and Shenzhen A shares from 2010 to 2017 as the research object,and uses regression analysis,intermediary effect analysis and other methods to study the relationship among environmental regulation,environmental protection investment and enterprise competitiveness.The results show that there is a significant positive correlation between environmental regulation and enterprise competitiveness,among them,non-state-owned enterprises have strong willingness to abide by environmental regulation policies,which can also promote the competitiveness of enterprises;improving the intensity of environmental regulation can effectively increase the environmental protection investment of enterprises,and non-state-owned enterprises are also sensitive to environmental regulation;in the short term,the increase of environmental protection investment will reduce the competitiveness of enterprises,but from the In the long run,the increase of environmental protection investment is conducive to improving the competitiveness of enterprises;environmental regulation and environmental protection investment together have a significant positive impact on the competitiveness of enterprises.Therefore,the following suggestions are put forward: improve various environmental regulation policies and strengthen environmental supervision;actively carry out green technology innovation to achieve "win-win" of economic and environmental benefits;establish the concept of environmental protection,strictly abide by the government's environmental regulation policies,reasonably improve the level of environmental protection investment;improve the environmental information disclosure system,and standardize the content of corporate social responsibility reports and environmental reports.The above suggestions have certain practical significance and reference value for enterprises to abide by the government's environmental regulation policies,reasonably arrange the environmental protection investment of enterprises,reduce the production cost of enterprises by means of green technology innovation,establish the image of green enterprises,and then enhance the competitiveness of enterprises.