The Substantial Evidence Study On Factors Impacting The Environmental Accounting Information Disclosure Of The Listed Companies

In recent years, along with people’s consciousness growth of environmental protection,environment problem more and more gets the attention of the countries. Enterprise, as the importantsources of pollution whose business process will inevitably causes environmental problems, inevitableassumes to environment protection, as well as the social responsibility of environment accountinginformation disclosure.In the framework of voluntary disclosure,This paper,with the783listed companies in Shanghaias research samples, analyzes the present situation of the listed companies’ environment accountinginformation disclosed, constructs the multiple regression model of the environment accountinginformation disclosure, find out the factors who influent information disclosed degree of the listedcompanies in China, and put forward the corresponding suggestions.Through the analysis of the783listed company’s annual report and social responsibility report,it can be found that the level of environment accounting information disclosure in china is not high.Listed companies’ disclosure is mainly in the financial and accounting part of the company’s annualreport. Information disclosure is mainly about environment-protection policy, as well as environmentgovernance, but less about environment-taxes and environment expense.This reduces the availabilityand comparability of the information. In addition, different industries, different areas and differentscales of companies listed on the environment accounting information disclosed the extent also put inbigger difference.The empirical results show that the industry factor, the company scale is the most importantfactors that influent the level of the listed companies’ environment accounting information disclosure.Companies with more severe pollution and larger scales disclose more environment accountinginformation. Factors, such as development ability, profitability and asset ratio, which reflectoperations of companies, can also affect the environment accounting information disclosed degree,more highly-develop ability, profit ability and high asset-liability ratio, more environment accountinginformation disclosure. Moreover, it can be found that companies’ social responsibility performancecan also affect the company’s environmental accounting information disclosure, that is, companieswhich disclose social responsibility report have high level of environment accounting informationdisclosure. All of these suggest that many kinds of factors affect the environment accountinginformation disclosure, so when founding environmental accounting information disclosure system, government should fully consider the various factors to make sure the applicability and flexibility ofthe disclosure rules and regulations. At the same time, the enterprise should also fully consider thevarious factors, in order to improve the quality of the information revealed, which adapts to thecharacteristics of the enterprise itself, as also as satisfy the enterprise external information needs.Finally, in basis of the above study, the paper puts forward the corresponding countermeasuresand suggestions.