Opening book details…
Can I read Impact of energy saving on the financial performance of industrial enterprises in China: An empirical analysis based on propensity score matching on EtoBox?
Impact of energy saving on the financial performance of industrial enterprises in China: An empirical analysis based on propensity score matching by Yixiang Zhang; Xiaohang Zhao; Bowen Fu is a Environmental Science article available to read on EtoBox.
What is Impact of energy saving on the financial performance of industrial enterprises in China: An empirical analysis based on propensity score matching about?
Does energy-saving have a positive effect on the long-term development of enterprises? To answer this question, this study uses the propensity score matching (PSM) method to determine the impact of enterprises completing energy-saving objectives on their financial performance based on data from an industrial enterprise database in China. The results show that industrial enterprises that have completed the energy-saving target have advantages in profitability, operational and financial indicators but have deficiencies in debt indicators, and there is no significant difference in the ratio of profits to cost and expense. The research results of high energy-consuming industry are the same as the overall sample of industrial enterprises in terms of operational and financial indicators, and debt ratio indicators. Nevertheless, energy saving has no significant impact on profit and ratio of profits to cost of high energy-consuming industry.
Who reads Impact of energy saving on the financial performance of industrial enterprises in China: An empirical analysis based on propensity score matching?
It is typically read by researchers, students, and practitioners in Environmental Science.
- Author
- Yixiang Zhang; Xiaohang Zhao; Bowen Fu
- Publisher
- Elsevier BV
- Published
- 2022
- Language
- EN
- Field
- Environmental Science (Physical Sciences)