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| An empirical research on the driving mechanism of corporation environmental performance based on stakeholder theory |
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Abstract Based on the theory of stakeholders, the driving mechanism of corporation environmental performance (CEP) was systemically established. The top 300 corporations in 2008 were selected as the initial samples, and all the open environmental information was collected and analyzed, finally 41 corporations were chosen for further research. The Spearman relationship analysis showed that corporation itself had the greatest impact on CEP, the government and investor’s effect was slighter, while consumers and community public had no influence. The indicators affecting CEP could be summarized into three categories by using CCA analysis, which would interpret 80.7% variation of CEP; 53.66% corporations were affected by corporation environmental management ability, government environment regulation and corporation environmental risk, respectively, while others CEP would be interpreted by co-indicators.
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Received: 18 February 2011
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