Empirical Study Based On The Listed Company Governance Structure On The Influence Of Accounting Information Disclosure

In2008,the financial crisis,come from the ocean came,have brought themanufacturing industry of our country severe impac, meanwhile the defects of oureconomic development structure have completely exposed. The traditional economicdevelopment mode,which is high consumption, heavy pollution, low efficiency,doesn’t adaptthe new trend of" Sustainable development". As environmental issuesbecome increasingly prominent, the topic of environmental protection has not onlyexists in subject of environment,butalso in Accounting, Environmental accounting,wecan call it " Green accounting " has arised spontaneously. Environmental accountingadapts to the the concept of “Sustainable development”.The information disclosure ofenvironmental accounting is the premise of environmental accounting, it is a bridgewhich connects the enterprise to the public bridge. Therefore, this article take theannual reports, the repert of social responsibility which from listed companies ofpharmaceutical industry as samples,analysis the relationship between the disclosurelevel of environmental accounting information and the corporate governance.Based on the perspective of corporate governance characteristics, selected sixexplanatory variables:ownership structure, characteristics of the board, characteristicsof supervisory board and manager layer, respectively say, are the sum of the top tenshareholders shareholdings, board size, and the number of independent directors, thescale of supervisory board, the sum of the top three executive compensation,if thechairman is general manager or not; also selected two control variables, company sizeand the profitability of the company. The explanatory variable for the informationdisclosure of environmental accounting information is the disclosure index. I chose86samples which from the listed companies from2008-2010years ‘s annual report andsocial responsibility book,and use the regression equation for empirical analysis,obtained the conclusions: the listed company of our country ’s information disclosurelevel of environmental accounting and the ownership concentration has negativecorrelation, and the number of independent directors, manager salary are related, andthe scale of board, the scale of supervisy board ‘s correlation are not remarkable. Research shows that, the listed companies’s information disclosure level ofenvironmental accounting and the voluntary disclosure is low in our country,information disclosure has no fixed form and the certain standard.The conclusion is the disclosure level of our environmental accountinginformation needs improve. In listed companies, we should strengthen the structure ofcorporate governance, for example,the adjustment of ownership structure, establishand improve the structure of board, set up a special committee, the reasonableselection of the independent director;strengthen the supervision function of the boardof supervisors; wealth manager incentive form, training the staff,rising the awarenessof environmental protection. In the government,we should intensify environmentalprotection, strengthen the environmental construction of accounting standards,improve the regulations system of information disclosure, require enterprises topublish independent environmental report. Finally, to improve our informationdisclosure level of environmental accounting,we should take the mandatory disclosureand voluntary disclosure together.