Board Characteristics, Environmental Regulation and Green Development of Manufacturing Enterprises——Empirical Analysis Based on 2012-2016 Panel Data of Manufacturing Enterprises
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Board Characteristics, Environmental Regulation and Green Development of Manufacturing Enterprises——Empirical Analysis Based on 2012-2016 Panel Data of Manufacturing Enterprises
TANG Yong-jun, LI Peng
Business School, Hohai University, Nanjing 211100, China;
Abstract Based on the content analysis method, this paper measures the green development of enterprises by interpreting the social responsibility report, environmental report and sustainable development report. Taking Shanghai and Shenzhen A-share manufacturing enterprises as samples, the paper adopts heteroscedastic robust estimation to investigate the relationship between the heterogeneity of board members, environmental regulation and green development of manufacturing enterprises. The study finds that environmental administrative supervision can effectively promote the green development of enterprises, while “soft” measures are counterproductive. There is a positive but non-significant correlation between economic environmental regulation and green development. The heterogeneity of board members’ gender, age and education plays a mediating role between environmental regulation and green development.
TANG Yong-jun,LI Peng. Board Characteristics, Environmental Regulation and Green Development of Manufacturing Enterprises——Empirical Analysis Based on 2012-2016 Panel Data of Manufacturing Enterprises. Economic Survey, 2019, 36(3): 073.
2019, Vol. 36 
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