Research On The Relativity Between The Ownership Structure And Carbon Disclosure Index

With the deterioration of the global climate,the community gradually recognized the serious consequences of carbon emissions,the gradual changes in the climate also have an increasingly serious adverse impact on human survival.In recent years,China is actively carrying out energy-saving emission reduction,low-carbon environmental protection work,in order to cope with the growing greenhouse effect.In July 2008,the G8 summit said it would work with other signatories to the United Nations Framework Convention on climate change to achieve a long-term goal of reducing global greenhouse gas emissions by 50% by2050.During the 12 th Five-Year planning period,China pledged to cut its carbon emissions per unit of gross domestic product(GDP)by less than 40-45% by 2005,allowing emissions to rise but slower growth in 2020.The enterprise is actually the main carbon emissions,but China does not have the corresponding laws and regulations and the relevant rules of listed companies on carbon accounting information separate accounting and disclosure of the overall situation,so a comprehensive understanding of the listed company stakeholders can not listed companies at present low carbon management.In this context,the author analyzed the relationship between ownership structure and carbon accounting information disclosure of listed companies on the quality based on the heavy pollution industry in Shanghai stock market and gets the corresponding conclusion and puts forward some suggestions and countermeasures.The proportion of controlling shareholder's shareholding is negatively correlated with the quality of carbon accounting information disclosure.Equity balance degree is positively correlated with the quality of carbon accounting information disclosure.There is a negative correlation between the proportion of institutional investors and the quality of accounting information disclosure The proportion of executive stock ownership is positively correlated with the quality of carbon accounting information disclosure.There is a positive correlation between the state ownership and the quality of carbon accounting information disclosure.These conclusions are very helpful for listed companies.It can help them to improve the awareness of carbon accounting information disclosure,and improve the relevant laws and regulations.Finally,these conclusions have some enlightenment to improve the relationship between the quality of carbon accounting information disclosure and ownership structure in China.