Research On The Impact Of Environmental Regulation Tools On Enterprise Environmental Cost

Under the background of ecological economy,low-carbon life and circular development have become the mainstream development factor of the times.However,for the reality of China's energy shortage and serious environmental pollution,it is very difficult to fully open a new chapter in green low-carbon life and circular development.In the process of development,high-pollution and high-energy-consuming enterprises are struggling,and transformation and innovation are the inevitable requirements for breaking through the bottleneck.The direction of green development and low-carbon development must be considered in the transformation of enterprises.On the basis of China's many years of environmental management experience,in order to comprehensively do environmental protection work,it is necessary to improve the quality and efficiency of environmental governance,urge enterprises to abide by the rules and regulations,consciously fulfill their social responsibilities,and pay the necessary environmental governance costs;Rationalize the system of corporate behavior;explore the effectiveness of environmental regulation tools and how to implement corresponding reforms.Based on the above background,this paper firstly sorted out relevant literatures and mastered the research on environmental regulation tools and enterprise environmental costs at home and abroad.Secondly,taking the status quo and problems of environmental regulation tools in Hebei Province as the starting point,by analyzing the relationship between environmental regulation tools in Hebei Province and the environmental costs of Hegang,it is found that environmental regulation tools have a positive impact on the environmental costs of enterprises.Thirdly,this paper takes the manufacturing industry as an example and analyzes the relationship between environmental regulation and corporate environmental cost through a large sample of empirical analysis.The study found that:(1)command-controlled environmental regulation tools are negatively related to corporate environmental costs,that is,command-controlled environmental regulation tools are not very effective in ensuring enterprises actively invest in environmental governance;(2)and command-controlled environment Contrary to the regulatory tools,the market-incentive environmental regulation tools are positively related to the environmental costs of the enterprise,and the impact on the current period is greater than the lag period;(3)the public participation-type environmental regulation tools are positively related to the environmentalcosts of the enterprise;4)The stronger the company's solvency,the more the company is willing to pay more environmental costs;(5)the environmental cost of state-owned enterprises is lower than that of non-state-owned enterprises;(6)the environmental costs of enterprises in the eastern region are significantly higher than those in the central and western regions.Finally,according to the research conclusions,this paper puts forward relevant suggestions from the perspectives of government,enterprises and the public to improve the efficiency of environmental regulation,promote the cost of environmental governance,and actively participate in environmental governance.The main contributions of this paper are as follows: First,the system summarizes the general situation of environmental regulation tools in Hebei Province in recent years,and finds out the problems.The second is to use the case as the entry point,from point to point,through a large sample of empirical analysis of environmental regulation.The relationship between tools and corporate environmental costs enriches the study of environmental regulatory tools and corporate environmental costs.