摘要
“双碳”战略是破解资源环境约束、实现新质生产力发展的必由之路。推进企业绿色发展转型,提高碳减排能有效提升企业价值,形成内部驱动力。基于2010—2021年我国A股上市公司数据,运用线性回归模型和随机森林模型检验上市公司碳排放对企业价值的影响,结果发现:碳排放与企业价值呈显著负相关关系,且采矿业、电力、热力、燃气及水生产和供应业碳排放对企业价值的影响程度显著高于其他行业。基于这一结论,企业应树立低碳环保意识,改善能源消费结构,加大绿色研发投入,促进产业结构调整,推动绿色发展转型,有效降低碳排放量,持续提升公司价值。
the“Dual-carbon”strategy is the only way to break the constraints of resources and environment and realize the development of new qualitative productivity.Promoting the transformation of green development of enterprises and increasing carbon emission reduction can effectively enhance the value of enterprises and form the awareness of internal driving forces.Based on the data of a-share listed companies in our country from 2010 to 2021,this paper uses linear regression model and random forest model to test the influence of carbon emission of listed companies on enterprise value,and finds that there is a significant negative correlation between carbon emission and enterprise value,and mining,electricity,heat,gas and water production and supply carbon emissions on the value of the enterprise is significantly higher than other industries.Based on this conclusion,enterprises should establish low-carbon environmental awareness,improve energy consumption structure,increase green R&D investment,promote industrial restructuring,promote green development transformation,effectively reduce carbon emissions,continuously increase the value of the company.
作者
伍中信
刘思菡
WU Zhong-xin;LIU Si-han(School of Accountancy,Hunan University of Finance and Economics,Changsha Hunan 410205;School of Accountancy,Yunnan University of Finance and Economics,Kunming Yunnan 650221)
出处
《湖南财政经济学院学报》
2024年第4期27-38,共12页
Journal of Hunan University of Finance and Economics
基金
国家级大学生创新创业训练计划项目“绿色低碳转型下ESG信息披露与企业可持续发展研究”(项目编号:S202311532013)。
关键词
碳排放
“双碳”战略
企业价值
随机森林模型
carbon emissions
“Dual carbon”strategy
enterprise value
random forest model
