Empirical Research On The Level Of Listed Enterprise's Environmental Accounting Information Disclosure

World Climate Conference in Copenhagen will let the concern of the Environmental and Ecological to a new level in 2009. The meeting is discussing the follow-up program after the expiry of "Kyoto Protocol", and signing the new agreements on future global action to tackle climate change. Among them, shared responsibility between developed and developing countries in greenhouse gas emissions has become the focal point. Greenhouse gas emissions are the inevitable result of economic development, but with the deterioration of ecological environment, the contradiction between ecological environment and economic development is increasingly salient. Political means is not the only path of resolving the contradiction between environment and economic development, economic means is the best mode. Environmental Accounting Information Disclosure carries an important responsibility of environmental pollution and governance, also reflects the objective needs of economic development, and becomes the intermediate links of solving environmental and economic development.At present, China's environmental accounting information disclosure is still normative study, focusing on the subject, content and mode. Most empirical studies have also carried out the status analysis, not explored in the impact. Therefore, the article begins with the theory of environmental accounting information disclosure, make relevant assumptions, and do empirical analysis of influencing factors. On this basis, analyze the degree of environmental accounting information disclosure and economic development, make relevant recommendations on how to carry out environmental accounting.Basing on the theories of sustainable development,Scarcity of environmental resources,accountability theory as the theoretical support, combining with the characteristic of the research background, propose study hypotheses. Select sample of 75 companies from the Shanghai and Shenzhen shock markers, do empirical studies taking into 12 factors relating to the conduct of the environmental accounting information, import the legal indicators combining with a mandatory feature of China's, use multiple regression method to empirical research. The results:the share concentration ratio,Chairman and general manager 2 post-in-One and the proportion of independent directors have significant effect on information disclosure, but proportion of outstanding shares and asset-liability ratio do not have significant influence on the disclosure of environment. Industry type,the company size,law enforcement,the location of the company a also have a significant impact on environmental information disclosure. Then analyze the flexibility of the present level of information disclosure of environmental with the economic development, get the conclusion that the environment information release in China still lags behind the level of economic development level. Finally, the paper proposes relevant countermeasures to improve the environment of information disclosure:accelerate pace of environmental accounting standards formulated,perfect governance structure of listed companies.