Impact of Real Estate Corporate Environmental Responsibility on Financial Performance

被引：0
|
作者：
Jiang Ying [1 ]
Xue Xiao-long [1 ]
机构：
[1] Harbin Inst Technol, Sch Management, Harbin 150001, Heilongjiang, Peoples R China
来源：
2016 23RD ANNUAL INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE & ENGINEERING, VOLS. I AND II | 2016年
基金：
中国国家自然科学基金;
关键词：
Real estate corporate; Environmental responsibility; Ownership structure; Financial performance; SOCIAL-RESPONSIBILITY;
D O I：
暂无
中图分类号：
T [工业技术];
学科分类号：
08 ;
摘要：
By using of panel data from 2012 to 2015 in real estate industry of China, we studied the impacts of corporate environmental responsibility (CER) and ownership structure on corporate performance. The results verified that CER had positive impact on corporate financial performance. Furtherly, ownership structure had no significant impact on corporate financial performance in increasingly high competitive market in real estate industry. In order to improve CER, the following steps should be taken: (1) Enhancing the recognition of advantages from CER to each corporate. (2) Constructing the comprehensive evaluation index system of CER on real estate industry. (3) Establishing a multi-level supervision and restraint mechanism of CER in real estate industry.
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页码：1457 / 1462
页数：6
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