Research On The Influencing Factors Of Carbon Accounting Information Disclosure Quality Of Steel Listed Companies

Carbon emissions have been increasing and causing global climate change,which is not only a threat to the survival of mankind,but also seriously hinders the sustainable development of the global economy.As one of the pillar industries of China’s economic development,the steel industry is also the industry with the largest carbon emissions among all manufacturing sectors,and its carbon emissions have attracted the heavy attention of the whole society.If energy conservation and low-carbon emission reduction in the steel industry can achieve good results,than it will help improve environmental issues such as glosbal warming,and will also promote the development of China’s low-carbon economy.Carbon accounting information disclosure,as the final manifestation of the efforts and accomplishments of enterprises in low-carbon emission reduction,plays an important role for the enterprises themselves and every stakeholder.Carbon accounting information disclosure,as the final manifestation of the efforts and accomplishments of enterprises in low-carbon emission reduction,plays an important role for the enterprises themselves and every stakeholder,and therefore has also become a hot topic for scholars to discuss.This article first uses the literature research method to analyze and comment on the relevant literature on carbon accounting,and selects corporate social responsibility theory,stakeholder theory and information asymmetry theory to conduct theoretical research.From the perspectives of the company’s external factors,financial characteristics and internal governance,the factors affecting the quality of carbon accounting information disclosure of listed steel companies are proposed.This paper selects 25 listed steel companies as sample companies.125 samples from 2015 to 2019 were selected and brought into the regression model for empirical analysis,and finally came to the conclusion:government supervision and govemment environmental protection subsidies in external influencing factors,company size in corporate financial factors,the size of the board of directors and the degree of equity concentration subsidies in the internal governance factors,they all significantly positively affect the quality of carbon accounting information disclosure of listed steel companies.The other two hypotheses failed the test,which tells that the ability to develop and operate has not proven to have a significant impact on the quality of carbon accounting information disclosure.Then selecting Nanjing Iron and Steel Co.,Ltd.as a typical case,on the basis of evaluating the quality of its carbon accounting information disclosure,it analyzed the factors affecting the quality of its disclosure.In the end,this article draws the research conclusions on the issue of carbon accounting information disclosure in the steel industry,and puts forward countermeasures and suggestions to improve the quality of disclosure.