Influence Of Enterprise Environmental Responsibility On Enterprise Valuation

At present,environmental problems affect the national level of development and also affect the ability of sustainable development,and affect the future development of enterprises.More and more countries around the world pay more attention to the research on Corporate-Social-Responsibility.This paper studies the impact of corporate environmental responsibility on corporate valuation,enriches the existing theoretical content,helps the national public to understand the development status and future trend of the industry,and also contributes to the sustainable development of enterprises,which has certain theoretical and practical value.On the basis of literature review and theoretical analysis,first of all,this paper analyzes the present situation of chemical enterprises and the impact of chemical enterprises on the environment by using relevant theories.Secondly,the paper dialectically analyzes the current situation of environmental responsibility performance of chemical enterprises,and analyzes the reasons for the lack of responsibility fulfillment.Finally,the paper analyzes the mechanism of environmental responsibility of chemical enterprises in enterprise valuation,and makes an empirical analysis on the relationship between them.This article research conclusion is:The enterprise environment achievements have not affected the enterprise estimate value.Possible causes are:Environmental performance indicators do not reflect environmental performance.Accountant period is too short.Enterprise's environmental protection strategy has not been implemented and information disclosure is not perfect.Public environmental awareness is weak.Thus gives the countermeasure and the suggestion: Strengthen law enforcement and disciplinary efforts.Raise the upper limit of fines for causing serious damage to environmental pollution accidents;Enhancing the transparency of environmental governance and enhancing the role and contribution of stakeholders in corporate environmental governance;Strengthen financial support to promote environmental technology progress.