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Research On The Relationship Between Environmental Capability,Diversified Operation And Corporate Performance Of New Energy Listed Companies

Posted on:2021-04-07Degree:MasterType:Thesis
Country:ChinaCandidate:X Z PengFull Text:PDF
GTID:2392330611480326Subject:Business Administration-Technical Economy and Management
Abstract/Summary:PDF Full Text Request
With the increasing degree of marketization of the new energy market,competition is fiercer,and the complex and changeable operating environment has formed the background environmental problems and operational environmental problems caused by environmental changes.The essence of corporate environmental problems is the environment.Capacity issues,at this time,new energy companies' diversified business strategy selection is particularly important.Therefore,it will be of great significance to study the relationship between environmental capabilities,diversified operations and corporate performance of new energy listed companies.Based on the domestic and foreign research status of corporate environment,corporate capability theory and corporate diversified business performance,this paper combines corporate environment and corporate capability theory,and studies corporate diversified management and environmental capability from the perspective of corporate environmental capability.The mechanism of interaction with corporate performance.The thesis takes solar energy,wind energy,nuclear power and biomass energy new energy listed companies as the research object,based on the data of 48 new energy listed companies from 2015 to 2018,through text analysis,establishes the measurement indicators of the company's environmental capabilities,using descriptive Statistical analysis methods such as analysis,correlation analysis,multiple regression model,empirical analysis of the research hypothesis,and finally reached the following conclusions: First,the diversification of China's new energy enterprise industry is negatively correlated with corporate performance.Second,when the industry diversification is not controlled,the higher the degree of product diversification of China's listed new energycompanies,the worse the performance of the company.There is no significant negative effect on the performance of enterprise.Third,the background environmental capabilities of new energy listed companies have a positive adjustment effect between product diversification and corporate performance.Fourth,the operating environmental capabilities of listed new energy companies have a positive adjustment between product diversification and corporate performance.Based on the above conclusions,it is recommended that new energy companies should carefully choose a diversified business strategy,focus on dominant industries,focus on the cultivation of core competitiveness,grasp changes in the background environment and operating environment,and cultivate new energy companies to actively respond to environmental changes and improve The controllable degree of the internal and external environment of the enterprise makes use of favorable factors to the enterprise's own production and operation activities,thereby contributing to the development of new energy enterprises.
Keywords/Search Tags:New energy, environmental capability, diversification, corporate performance
PDF Full Text Request
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