Building Green Financial Management Mechanism For Listed Companies

With the rising level of sea year by year, the ozonosphere continuing to appear empty, the Species are gradually into extinction, the farmland is in serious salinization, freshwater become smelly because of the penetration of the industrial Sewage, the climate become more and more intensified, many enlightened people realize that the destroy is more than the progress to the society and economy in the developed model of the 20^th century. So, human who must reject the model is urgent work for the sustainable development of the earth and future generations of mankind in the 21th century.Variety of advanced environmental concepts have been continuously proposed by the academia and Positively publicized by the major organization of Environmental charity, the sustainable development , circular economy, low-carbon economy and other ideas enjoy popular support,"the green"become the life attitude which is pursuitted by people, green consumption, green procurement and green finance become fashionable, The trend of world economic development become into the model of low-carbon economy based on low power, low pollution, low emission and high-performance, high efficiency, high benefit. If a company didn't abandon the traditional concept of the production and operation, it would be subjected to totally disaster in such a market environment. In order to successfully carry out this transformation and get steady progress in the road of"the green", the key step is to complete the shift of the traditional model of financial management for the enterprise's development. To solve the problem, the concept of green financial management was proposed by the academia of the world, so far, the research is in the ascendant. It can be said that corporate implement the strategy of sustainable development and the green financial management is the inexorable trend now and in the future. The listed company, as the representative of the modern enterprise, must implement it firstly. I choose listed company's green financial management as the theme of my study, my aim is to create the mechanism of green financial management for listed company.The first part of this thesis is to review the achievement about the green financial management at home and abroad, a brief description about advanced environmental concepts,include the theory of sustainable development, circular economy and low-carbon economy, corporate social responsibility and so on ,which are associated with green financial management. My conclusion is that these theories need the support of green financial management in order to implement them. At the same time, I summary and propose the content of the green financial management and the mechanism of green financial management.I analyze the necessity and urgency to create the mechanism of green financial management for listed company in the second part. The shell structure model is used to create the mechanism of green financial management for listed company in the fourth part based on the third section which summary the aim and content of listed company's green financial management. This section discussed the three levels of the mechanism. Firstly, it describes separately each level, including the elements of each level and the linkage between them. Secondly, the relationship among the levels are discussed.The measures how to implement the mechanism is discussed in the last part. Three sections which include the environment, financial methods and stakeholders are elaborated.