Locaol Pressure?EP And EDI—an Empirical Analysis Based On China's A-stock Heavy Polllution Enterpresis

The main purpose of this study is to explore the relevance between the performance of corporate environment and the disclosure of environmental accounting information,the relevance between local pressure and the disclosure of environmental accounting information,and the regulatory roles of local pressure on environmental performance and the disclosure of environmental accounting information.According to the characteristics of the research content,the methods of literature analysis,AHP,content analysis,qualitative analysis and quantitative analysis,and the combination of multiple linear and nonlinear regression analysis are used.First,we defined the concepts of local pressure,environmental performance,and the disclosure of environmental accounting information disclosure,accompanied by the analysis of the existing research background.We also analysed and summarized the research status both at home and abroad,and put forward the reference for studying the relationship between these three indicators.Secondly,we analysed the existing environmental issues in China,the environmental behaviors of enterprises,the preference of local government in environmental protection,the environmental performance of enterprises,the disclosure of environmental accounting information,and the measurement of local pressures.At the same time,we demonstrated the potential correlation between the environmental performance of enterprises and the disclosure of environmental accounting information,and finally defined the certain internal correlation.However,the preference of the local government in environmental protection played a certain role in regulating the relationship between these two factors.Third,we theoretically provided the basises for the relationship between environmental performance,disclosure of environmental accounting information,and local pressure.We comfirmed the environmental performance,the disclosure of environmental accounting information,and the standard index system of local pressure measurement by using AHP analytic hierarchy process and content analysis methods,and so on.At the same time,a mathematical model of multivariate linear and nonlinear regression was established to test and analyze the relationship between these three indicators.After the robustness test and the hysteretic test,the reliability of the correlation relationship was obtained.Finally,it is recommended that the local government should improve the disclosure of environmental accounting information and the level of corporate environmental performance from three aspects: improving environmental regulatory policies,strengthening the supervision of corporate environmental performance,and coordinating the relationship between companies and stakeholders;meanwhile,it is proposed to improve the disclosure level of corporate environmental accounting information through enhancing the social responsibility awareness and strengthening the monetization level of corporate environmental performance by enterprises.