Impact of Environmental Investment on Performance of Intelligent Manufacturing Enterprises in the Yangtze River Delta of China

Abstract

The rapid development of information technology has promoted the transformation of the manufacturing industry and the upgrading of Chinese intelligent manufacturing enterprises. Environmental protection and enterprise benefits have become the pursuit target. To explore the impact of environmental investment on the performance of intelligent manufacturing enterprises, an evaluation index system from the four dimensions of debt paying, operation, profitability, and growth ability was constructed. Then, factor analysis method was used to analyse the index data of 33 intelligent manufacturing enterprises in the Yangtze River Delta in 2018, and a multiple regression model was constructed to analyse the impact of environmental investment on enterprise performance. Results show a significant difference in the performance of intelligent manufacturing enterprises in the Yangtze River Delta and a positive correlation between environmental investment and enterprise performance. Finally, specific optimization measures are given to help the managers of intelligent manufacturing enterprises make scientific and reasonable decisions.