Investment Efficiency Evaluation of Environmental Protection in Coal-mining Company: Based on the Panel Data of Listed Companies from 2004 to 2010

被引：0

作者：

Xie Maohua ^{[1
]}

Jiao Shoubin ^{[1
]}

Liu Dongmei ^{[1
]}

机构：

[1] Inner Mongolia Univ, Sch Econ & Management, Hohhot, Inner Mongolia, Peoples R China

来源：

SOCIAL SCIENCES AND SOCIETY | 2013年 / 8卷

关键词：

Environmental protection; Under-investment; Over-investment; CASH FLOW;

D O I：

暂无

中图分类号：

C [社会科学总论];

学科分类号：

03 ; 0303 ;

摘要：

This article uses the residual of Richardson model, and then takes the Shanghai and Shenzhen stock exchange's 28 listed coal-mining companies as the sample to conduct an empirical study. The research discovered that from 2004 to 2010, the sample company's investment on environmental protection had certain particularity, coal-mining company's investment on environmental protection is inefficient, 41.07% performs as overinvestment, and 58.93% shows as under-investment, the national policy about energy-saving and emission-reduction is the most primary factor.

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页码：3 / 9

页数：7

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