The Impact of Environmental Regulations on the Export of Hangzhou Enterprises

This paper studies the impact of Hangzhou environmental regulation on the export of enterprises, and takes Hikvision as a case to analyze the input of the enterprise in green transformation and its impact on the export of overseas markets. Through the analysis of Hikvision's financial and ESG reports from 2019 to 2023, the following conclusions were drawn: Hikvision gained a competitive edge in the international market through green transformation measures; By promoting green production and product certification, Hikvision has enhanced its international reputation, and this responsible corporate image has contributed to the growth of its exports; Energy conservation and resource management measures have significantly reduced resource waste and energy consumption, thereby improving the company's profitability and competitiveness in the international market; Hangzhou's environmental regulations significantly promoted Hikvision's green innovation and had a positive impact on the company's export. The research shows that Hangzhou's environmental regulation policy has a positive impact on Hikvision's export.

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Publication Details

Journal
Frontiers in Business Economics and Management
Published
2024-09-30
DOI
https://doi.org/10.54097/ms6m1y61
Primary Topic
Economic Zones and Regional Development
Type
article
Field-Weighted Citation Impact
0.00
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article

The Impact of Environmental Regulations on the Export of Hangzhou Enterprises

Wangpeng Lai
Frontiers in Business Economics and Management
Economic Zones and Regional Development
article

The Impact of Environmental Regulations on the Export of Hangzhou Enterprises

Wangpeng Lai
article en

Abstract

This paper studies the impact of Hangzhou environmental regulation on the export of enterprises, and takes Hikvision as a case to analyze the input of the enterprise in green transformation and its impact on the export of overseas markets. Through the analysis of Hikvision's financial and ESG reports from 2019 to 2023, the following conclusions were drawn: Hikvision gained a competitive edge in the international market through green transformation measures; By promoting green production and product certification, Hikvision has enhanced its international reputation, and this responsible corporate image has contributed to the growth of its exports; Energy conservation and resource management measures have significantly reduced resource waste and energy consumption, thereby improving the company's profitability and competitiveness in the international market; Hangzhou's environmental regulations significantly promoted Hikvision's green innovation and had a positive impact on the company's export. The research shows that Hangzhou's environmental regulation policy has a positive impact on Hikvision's export.

Frontiers in Business Economics and ManagementVol. 16(3)
Openalex Percentile: Top 68%
Economic Zones and Regional Development
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