Research On The Impact Of Green Technology Innovation On The Value Of China Shenhua Enterprise

In recent years,with the rapid development of China’s economy,enterprises have consumed a large amount of energy and resources,making environmental problems increasingly prominent,and the contradiction between ecological environment and economic development has become increasingly serious.In order to cope with a series of ecological damage problems caused by economic development,the global awareness of green environmental protection is gradually awakening to explore the road of sustainable development."Much starker choices-and graver consequences-in",China repeatedly put forward to develop green economy,actively promote supply side structural reform,reduce the waste of resources,play good pollution control battle,promote the transformation and upgrading of green industry,reduce pollutant emissions,promote clean energy industry transformation,play the role at the same time,the green technology innovation activities.Green technology innovation and the environmental protection and science and technology development,can maintain enterprise economic development,reduce ecological damage,help enterprises to reduce energy consumption and environmental risk,is to promote enterprise green transformation and upgrading,the important way of sustainable economic development,the article to heavy pollution coal industry green development level of China Shenhua,through the analysis of the green technology innovation,study the influence of green technology innovation on enterprise value,to provide certain reference for other enterprises.On the basis of sorting out the relevant studies at home and abroad,Construct a theoretical framework,Later,the development of the coal industry and China Shenhua and its green innovation status are introduced,Then analyze the motivation of China Shenhua green technology innovation from the three aspects of government,industry and enterprise itself,Then it analyzes the input-output situation of Shenhua green technology innovation,From the theory of sustainable development,resource basis theory and stakeholder theory,the influence mechanism of green technology innovation on enterprise value is sorted out,Finally,through the data obtained from China Shenhua annual report,social responsibility report and authoritative database,Analyzing its profitability,operating capacity,growth capacity,and green EVA,Explore the influence of green technology innovation on enterprise value.Through the analysis and study of Shenhua,three conclusions are drawn: first,the green technology innovation activity is the result of the government,the industry and the enterprise itself;second,the green technology innovation activity can affect the enterprise value in the short term,but in the long term,the previous investment and have a positive impact on the enterprise value.According to the above conclusions,the government has put forward some suggestions on strengthening green guidance,enhancing the protection of green intellectual property rights,strengthening the disclosure of green technology innovation and the investment of green technology innovation research and development resources.