Financial Analysis And Enlightenment On Pollution Incident Of Jiangxi Copper Company Limited

With the rapid development of Chinese economy, people attach more andmore importance on the protection of environment. Pollution is characteristicof great harm, high treatment costs and irreversibility, which impedes thesustainable development of economy and destroys the best wishes ofimproving the quality of life and harmony development of economy andenvironment. State and Government adopted a number of measures, inparticular, issued a large number of documents, standards and norms, forpreventing and controlling environmental pollution. However, in recentyears,from the Songhua River to Tingjiang River, from acid rain to excessiveblood lead.,China’s environmental pollution incidents continue to impact thebottom line of environmental protection. Only in2011,2012, it took place the ConocoPhillips oil spills and other shocking pollution incidents.The Jiangxi Copper pollution event profiling is selected in manyenvironmental pollution events and company. Jiangxi Copper, is a listedcompany with a leading position in the metallurgical industry. Analyzingthe corporation has a certain representation and reference. As a publicly listedcompany, information disclosure provides data and facts. for the analysis ofthe impact of Jiangxi Copper pollution incidents. Jiangxi Copper, who is ancorporation ultimately controlled by SASAC, is a better reflection of theaction and defect of our system in business management, market supervision,laws and regulations. Jiangxi Copper incident provides the logical basis forus to extend the research to the whole system.Through the method of case study and event analyzing, the impact of thepollution event is reflected, which is a basis to find the defect of our legalsystem,capital markets,etc,. The eventually target is making some suggestionand reference to further improvement in the whole system.