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The Research on the Relationship Between Environmental Performance and Financial Performance

Received: 18 April 2016     Published: 19 April 2016
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Abstract

In recent years, the destruction of the ecological environment has hindered the construction of beautiful China. The enterprise is the culprit among all the factors that cause environmental pollution, so the enterprise should pay attention to environment problems. Especially the heavy pollution industry of listed companies which destroy the environment in order to high production and good financial development. This phenomenon requires further enhancing the environmental awareness of humanity, raising the technological level of environmental protection, strengthening environmental management. With the widespread implementation of public participation in Environmental Impact Assessment in the world and the international community, the knowledge of environmental protection is popularization, making the public more aware of environmental protection. Therefore, this paper mainly discussed whether company environmental improvement can influence the companies’ interests and how to affect.

Published in Journal of Finance and Accounting (Volume 4, Issue 2)
DOI 10.11648/j.jfa.20160402.18
Page(s) 81-85
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2016. Published by Science Publishing Group

Keywords

Environment Performance, Financial Performance, Heavy Pollution Industry

References
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[3] Busch, T & Hoffmann, V. H. How Hot Is Your Bottom Line? Linking Carbon and Financial Performance. Business & Society, 2011, 50: 233-265
[4] Jun Lv, Shu yan Jiao. An empirical research on the relationship between environmental disclosure, environmental performance and financial performance [J]. Journal of Shanxi University of Finance and Economics, 2011 (1): 109
[5] Su Xin, Wang Peixin. An empirical research on the relationship between environmental performance and financial performance of Construction enterprise [J]. Journal of engineering economic management of Listed Companies in China, 2015 (3)
[6] Susi Sarumpaet. 2005. The relationship between environmental performance and financial performance of Indonesian companies. Jurnal Akuntansi & Keuangan, 7: 89-98
[7] Qin Ying, Wu Chun you. T heory and Practice Research of system engineering [J]. An relationship research on the theory and model between enterprise environmental performance and economic performance, 2004 (8): 111-117
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[9] Peloza J. The Challenge of Measuring Financial Impacts from Investments in Corporate Social Performance. Journal of Management, 2009, 35(6): 1518-1541
[10] Jean-Francois Henri. The influence of management control systems on environmental and economic performance [J]. Accounting Organizations and Society 2010, (1): 63-80
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[16] Freedman, M. Patten, D. Evidence of the Pernicious Effect of Financial Report Environmental Disclosures. Accounting Forum, 2004, 28: 27-41
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Cite This Article
  • APA Style

    Xiao Yan Shi, Jing Gang Ban. (2016). The Research on the Relationship Between Environmental Performance and Financial Performance. Journal of Finance and Accounting, 4(2), 81-85. https://doi.org/10.11648/j.jfa.20160402.18

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    ACS Style

    Xiao Yan Shi; Jing Gang Ban. The Research on the Relationship Between Environmental Performance and Financial Performance. J. Finance Account. 2016, 4(2), 81-85. doi: 10.11648/j.jfa.20160402.18

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    AMA Style

    Xiao Yan Shi, Jing Gang Ban. The Research on the Relationship Between Environmental Performance and Financial Performance. J Finance Account. 2016;4(2):81-85. doi: 10.11648/j.jfa.20160402.18

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  • @article{10.11648/j.jfa.20160402.18,
      author = {Xiao Yan Shi and Jing Gang Ban},
      title = {The Research on the Relationship Between Environmental Performance and Financial Performance},
      journal = {Journal of Finance and Accounting},
      volume = {4},
      number = {2},
      pages = {81-85},
      doi = {10.11648/j.jfa.20160402.18},
      url = {https://doi.org/10.11648/j.jfa.20160402.18},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20160402.18},
      abstract = {In recent years, the destruction of the ecological environment has hindered the construction of beautiful China. The enterprise is the culprit among all the factors that cause environmental pollution, so the enterprise should pay attention to environment problems. Especially the heavy pollution industry of listed companies which destroy the environment in order to high production and good financial development. This phenomenon requires further enhancing the environmental awareness of humanity, raising the technological level of environmental protection, strengthening environmental management. With the widespread implementation of public participation in Environmental Impact Assessment in the world and the international community, the knowledge of environmental protection is popularization, making the public more aware of environmental protection. Therefore, this paper mainly discussed whether company environmental improvement can influence the companies’ interests and how to affect.},
     year = {2016}
    }
    

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  • TY  - JOUR
    T1  - The Research on the Relationship Between Environmental Performance and Financial Performance
    AU  - Xiao Yan Shi
    AU  - Jing Gang Ban
    Y1  - 2016/04/19
    PY  - 2016
    N1  - https://doi.org/10.11648/j.jfa.20160402.18
    DO  - 10.11648/j.jfa.20160402.18
    T2  - Journal of Finance and Accounting
    JF  - Journal of Finance and Accounting
    JO  - Journal of Finance and Accounting
    SP  - 81
    EP  - 85
    PB  - Science Publishing Group
    SN  - 2330-7323
    UR  - https://doi.org/10.11648/j.jfa.20160402.18
    AB  - In recent years, the destruction of the ecological environment has hindered the construction of beautiful China. The enterprise is the culprit among all the factors that cause environmental pollution, so the enterprise should pay attention to environment problems. Especially the heavy pollution industry of listed companies which destroy the environment in order to high production and good financial development. This phenomenon requires further enhancing the environmental awareness of humanity, raising the technological level of environmental protection, strengthening environmental management. With the widespread implementation of public participation in Environmental Impact Assessment in the world and the international community, the knowledge of environmental protection is popularization, making the public more aware of environmental protection. Therefore, this paper mainly discussed whether company environmental improvement can influence the companies’ interests and how to affect.
    VL  - 4
    IS  - 2
    ER  - 

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Author Information
  • Commercial College, Tianjin University of Commerce, Tianjin, China

  • Commercial College, Tianjin University of Commerce, Tianjin, China

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