MATEC Web Conf.
Volume 100, 201713th Global Congress on Manufacturing and Management (GCMM 2016)
|Number of page(s)||6|
|Section||Part 5: Management Engineering|
|Published online||08 March 2017|
Environmental Regulation, Industrial Heterogeneity and Value Compensation
1 Business School of Hohai University, Nanjing 211100, China
2 School of Business Administration of Nanjing Audit University, Nanjing 211815, China
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This article divided environmental regulation tools into market-oriented environmental regulation, environmental administrative control and environmental pollution regulation, divided enterprises into pollution intensive and clean production enterprises. Take Chinese manufacturing listed companies as research object, through panel data analysis, this article measured short-term and long-term value compensation effect and the possible existence of the threshold effect and cumulative effect of different environmental regulation tools for different types of micro enterprises to inspect Porter hypothesis and to inspect the effect of Chinese environmental regulation.
Key words: Environmental regulation / heterogeneity / value compensation
© The Authors, published by EDP Sciences, 2017
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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