International Journal of Social Science & Economic Research
Submit Paper

Title:
THE IMPACT OF LOW-CARBON ECONOMY ON FINANCIAL MANAGEMENT OF ENERGY-CONSUMING ENTERPRISES

Authors:
Lu Chunyu

|| ||

Lu Chunyu
College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing, Jiangsu, 211106, P.R. China

MLA 8
Chunyu, Lu. "THE IMPACT OF LOW-CARBON ECONOMY ON FINANCIAL MANAGEMENT OF ENERGY-CONSUMING ENTERPRISES." Int. j. of Social Science and Economic Research, vol. 3, no. 8, Aug. 2018, pp. 4198-4213, ijsser.org/more2018.php?id=296. Accessed Aug. 2018.
APA
Chunyu, L. (2018, August). THE IMPACT OF LOW-CARBON ECONOMY ON FINANCIAL MANAGEMENT OF ENERGY-CONSUMING ENTERPRISES. Int. j. of Social Science and Economic Research, 3(8), 4198-4213. Retrieved from ijsser.org/more2018.php?id=296
Chicago
Chunyu, Lu. "THE IMPACT OF LOW-CARBON ECONOMY ON FINANCIAL MANAGEMENT OF ENERGY-CONSUMING ENTERPRISES." Int. j. of Social Science and Economic Research 3, no. 8 (August 2018), 4198-4213. Accessed August, 2018. ijsser.org/more2018.php?id=296.

References
[1]. Ju Chengxiao, Xiao Wenfeng. Research on Financial Management Strategy of Enterprises in Low Carbon Economy Environment [J]. Journal of Nanchang University (Humanities and Social Sciences),2014,01:66-70.
[2]. Liu Shanshan. Research on Financial Risk of Energy Consumption Enterprises under Low Carbon Perspective [J]. Manager?Journal,2014,15:199.
[3]. Liu Ying. The Influence and Countermeasures of Low Carbon Economy on Financial Management of Enterprises [J]. Green Finance and Accounting,2012,01:28-30.
[4]. Zheng Rui. Analysis on the transformation and development of energy-consuming cities [J]. New Technology & New Products of China,2012,14:228.
[5]. Wu Lijian. Research on Enterprise Green Financial Management under Low Carbon Economy Environment [J]. Modern Business,2012,32:238.
[6]. Chen Shiyi. Assessment of the transition process of low carbon economy in various regions of China [J]. Economic Research Journal,2012,08:32-44.
[7]. Han Yue. Analysis of Enterprise Financial Management under the Background of Low Carbon Economy [J]. Modern Business ,2013,30:202-203.
[8]. Feng Zhijun, Zhou Rong. Low-carbon economy: the fundamental way for China to achieve green development [J]. China Population Resources and Environment, 2010,04:1-7.
[9]. Pan Jiahua, Zhuang Guiyang, Zheng Yan, Zhu Xiaoxian, Xie Qianyi. Concept Identification and Core Elements Analysis of Low Carbon Economy [J]. International Economic Review,2010,04:88-101+5.
[10]. Yin Xiguo, Huo Ting. A Summary of Foreign Low Carbon Economy Research [J]. China Population Resources and Environment,2010,09:18-23.
[11]. Wang Jingmin, Nie Libin. Review on the status quo of low carbon economy research [J]. Journal of Shandong University (Philosophy and Social Sciences), 2011,02:66-76.
[12]. Zhuang Guiyang, Pan Jiahua, Zhou Shouxian. The Connotation of Low Carbon Economy and the Construction of Comprehensive Evaluation Index System [J]. Economic Perspectives,2011,01:132-136.
[13]. Sun Tingting. Research on Financial Risk Problems of Energy Consumption Type Enterprise From Low Carbon Perspective [D]. Northeast Agricultural University, 2012.
[14]. Liu Nannan. The Study of Financial Risk Evaluation of Coal Enterprises in the Context of Low-carbon [D]. Yanshan University,2013.
[15]. Wu Xiaoqi. A Research on Construction of Logistics Enterprise Financial Management Model in the Low-carbon Economic Environment [D]. Chang'an University, 2012.
[16]. Malcolm Goodwin. Analysis of Enterprise Environment Cost Management under Perspective of Low Carbon Economy. International Conference on Education Technology and Social Science ICETSS 2014.

Abstract:
Because of the imbalance of economic development, the waste of resource and energy has become increasingly serious, environmental problems are gradually emerging, the importance that the society attaches to the low-carbon economy is also getting higher and higher under such circumstances. China's energy-consuming enterprises, which account for only one-fifth of total enterprises in the country, use 60% of the energy used by the whole society. This paper analyzes problems existing in financial management of enterprises in China's low-carbon economy development, and studies changes and challenges in financial management of energy-consuming enterprises characterized by high energy consumption, high pollution and high emissions in the context of low-carbon economy. Enterprises in financing field face difficulties in financing equity, bond financing, increased financial risks in investments, lack of cash flow caused by lowcarbon transformation in operations, and lack of awareness of low-carbon operations, all require enterprises to adopt new methods and learn new ideas. Considering the effectiveness of resources, social benefits, environmental protection, and profitability of enterprises as financial management objectives of enterprises, enterprises should increase investments in low-carbon technologies, make full use of various preferential policies to reduce financial risks, and comprehensively establish low-carbon financial management thinking.

IJSSER is Member of