针对企业实施绿色战略究竟是不利于生产率,还是有利于提升竞争力的争论焦点,以江苏省上市公司为研究对象,探讨了绿色战略如何影响企业绩效,以及在我国转型经济制度背景下,可占有性理论对绿色战略与企业绩效关系的解释。研究结果表明:在初期,绿色战略的实施不利于企业绩效的提升;不同所有制企业由于其资源获取性以及经营合法性的差异,绿色战略实施的结果也不相同;国有企业虽然占有较多的资源,却并没有将“绿色”转化为新的利润来源;企业规模对绿色战略和绩效之间的关系存在调节作用。 In view of whether the implementation of the green strategy in the enterprise is detrimental to productivity or is the focus of debate in favor of enhancing competitiveness, this paper takes Jiangsu Province listed companies as the research object and explores how the green strategy affects the enterprise performance. In the context of China’s transitional economy, Sex Theory Explains the Relationship between Green Strategy and Firm Performance. The results show that: in the initial stage, the implementation of green strategy is not conducive to the improvement of business performance; the results of green strategy implementation vary among enterprises with different ownership due to differences in their access to resources and business operations; while state-owned enterprises have more resources , But did not convert “green ” into a new source of profit; firm size has a regulatory role in the relationship between green strategy and performance.