“…Not only environmental organizations, but also academics at home and abroad are paying special attention to water resources issues. At present, there are many studies focused on water resource pricing (Kanakoudis et al, 2016), the shortage of water resources (Garcia-Cuerva, Berglund, & Binder, 2016), water pollution (Hu & Cheng, 2013), water circulation (Mack-Vergara & John, 2017), water footprint (Li, Xu, Wang, & Tan, 2017), water resources management (Al-Saidi, 2017), water resource responsibility (Jones, Hillier, & Comfort, 2015), and water resources strategy (Barber & Jackson, 2012). This indicates that water risk has undoubtedly become one of the factors for investors and creditors to recalculate the value and return on corporate investment.…”