Enterprise Value Management Of Beijing-shanghai High-speed Railway Based On ESG

At present,the investment intensity and achievements of enterprises in environmental protection,and the degree of fulfillment of social responsibilities have increasingly become the investment vane in the eyes of government regulators,investors and other stakeholders.Therefore,ESG,as a new sustainable development concept,which improves the multi-dimensional framework of environmental protection,social maintenance and corporate governance protection emphasizes the importance of taking into account both economic and social benefits,and has become an effective tool to guide enterprises on the road of high-quality and sustainable development.In this context,as the lifeline of the national economy,railway transportation enterprises should actively practice the ESG concept and realize the organic unity of economic value and social value.Based on this,this paper takes ESG as the starting point,selects the Beijing-Shanghai high-speed railway as the research object,and uses the case analysis method to explore how the Beijing-Shanghai high-speed railway uses the ESG concept for value management.The main research results are as follows:(1)By constructing a theoretical analysis framework of ESG-based value management,it provides theoretical support for improving the implementation of ESG concepts by listed railway transportation companies.Based on the five theoretical pillars of economic externality theory,corporate social responsibility theory,resource-based theory,etc.,which are highly compatible with railway transportation enterprises,a theoretical framework is constructed to reveal the railway listed companies from the implementation of ESG motivation to the implementation of ESG measures,and then to the realization of value creation.internal logic.(2)Build an ESG-based value management model for the Beijing-Shanghai high-speed railway.Based on the above theoretical framework,combined with the characteristics of the enterprise’s entrusted transportation mode,the railway transportation listed enterprises’ own conditions and industry characteristics,and based on the ESG evaluation system that is highly compatible with railway enterprises,a reasonable value management model will be constructed.Explain the role of the enterprise and the entrusted railway bureau in implementing the ESG concept to promote the organic unity of economic value and social value under the entrusted transportation mode,and provide an effective starting point for the follow-up case enterprises to carry out ESG-oriented value management.(3)Build an ESG-based value realization path for the Beijing-Shanghai high-speed railway.Based on the above value management model,according to the established ESG indicator system,the focus of ESG activities is clarified,and the specific measures taken by the Beijing-Shanghai high-speed railway and the local railway bureau to unify social value and economic value by implementing the ESG concept are analyzed to build Beijing-Shanghai from the perspective of ESG.The path of high-speed rail to realize economic value and social value.The main innovations of this paper are as follows:(1)To build a theoretical framework for railway transportation enterprises to unify economic value and social value by practicing ESG concepts,which provides a theoretical explanation for promoting the implementation and implementation of ESG concepts in enterprises.(2)Build a path for listed railway transportation companies to implement ESG measures under the entrusted transportation mode to realize value management,and improve the operability and pertinence of the model.The research significance of this paper is as follows:(1)At the theoretical level,taking the ESG concept as the starting point,refining the theoretical explanation of the realization of value management of railway transportation listed companies,and enriching the theoretical research on ESG and value management.(2)At the practical level,build a specific activity framework for listed railway transportation companies to practice ESG concepts,help case companies to accurately locate shortcomings,and clarify the key improvement directions in ESG in the future,thereby enhancing corporate value.