Research On Determinants Of Carbon Accounting Information Disclosure Of Listed Companies

Since the 20 th century,the global economic has achieved a remarkable development.However,some environment and climate problems have occurred,such as air pollution,energy scarcity,climate warming and so on.These problems have a serious impact on people's daily life.Due to this,People are paying more and more attention to the issue of discharge the pollutants,for example the emission of carbon dioxide.Countries all over the world are accelerating to deal with the problem of environmental and climate change.The conception of “carbon accounting” emerged with all countries focusing on solving the environmental and climate problems.It has become a hot issue for scholars from all over the world.The study on “carbon accounting” in China started late than foreign countries.The country don't have a perfect system to guide and regulate the enterprises' behaviors of disclose carbon accounting information.Companies have many ways to provide the information.The information lie in de different position.There are no standard content that companies should provide and few companies provide the carbon accounting informationThis paper is intends to explore the factors which influence the amount and the quality of the carbon accounting information that companies provided.In the last part of the paper,the author provides suggestion that how to improve the level of the carbon accounting information disclosure of the listed companies.This paper mainly uses induction,document analysis and other methods of normative research and data collection,descriptive statistics,correlation analysis and other methods of empirical research.The selections of the factors are based on social responsibility theory,principal-agent theory,etc.and the status quo of accounting information disclosure.There are 717 samples after eliminating the non-compliance ones.This paper analyzes the samples status of the disclosure of carbon accounting information.By referring and improving to the achievement of predecessors,the carbon accounting information disclosure index is selected as the dependent variable which is measure the current level of carbon accounting information disclosure of listed companies.Industry characteristics,company size and other variables are select as independent variables.After this the author put forward hypotheses and take statistical regression analysis of independent variables and dependent variables.According to the results of empirical analysis,industry characteristics,company size,management shareholding,debt level and development capability are related to the level of carbon accounting information disclosure,while equity concentration,independent director ratio and profitability are not closely related to carbon accounting information disclosure.Based on the status quo and problem analysis and empirical research of carbon accounting information disclosure of listed companies,this paper gives suggestions on how to improve the disclosure level of carbon accounting information of listed companies in China from the status quo and influencing factors.The government should strengthen the construction of the theoretical system of carbon accounting information disclosure and establish relevant laws and regulations.Enhance external disclosure pressure,increase management shareholding ratio and improve companies development capability are also essential.This paper hopes that through the above research and suggestions,the level of carbon accounting information disclosure of listed companies in China will be improved.