Study On The Impact Of Environmental Accounting Information Disclosure Quality On The Scale Of Debt Refinancing In X Company

At present,China vigorously promotes environmental protection,and constantly formulating and improving relevant policies.In order to effectively curb the increasingly serious environmental pollution and promote the environmental protection by using the environmental economic system,China has promulgated the "green credit" system.The main purpose of this study is to determine the impact of X accounting information disclosure on the scale of debt refinancing in the context of "green credit".In view of the characteristics of the research contents,internal capacity analysis,AHP,correlation coefficient and grey correlation analysis are adopted.First,the related concepts and theories of environmental accounting information disclosure and debt refinancing are introduced from the related research at home and abroad,and the relationship between the quality of environmental accounting information disclosure and the scale of debt refinancing is introduced in the middle.Through the analysis and summarization of the research status at home and abroad,the reference for the study of the relationship between the two is put forward.Secondly,it introduces the way,form and quality of X's environmental accounting information disclosure,and the status quo of its debt refinancing scale,and preliminarily determines the relationship between the two relations through the trend chart,and further analyzes the trend of environmental accounting information disclosure quality and long and short term loan rules,which lays a foundation for the subsequent analysis.Thirdly,through the analytic hierarchy process(AHP)to determine the weight of each indicator of X company's environmental accounting information disclosure quality system,and then make a more reasonable score.After that,the trend analysis and correlation analysis of X company's environmental accounting information disclosure quality and debt refinancing scale are carried out.The study shows that the quality of X's environmental accounting information disclosure is positively related tothe debt refinancing scale.Further research shows that it has a significant positive correlation with the scale of long-term loans,and is not significantly related to short-term loans.Then,through grey correlation analysis,we compare the correlation between each index and its debt refinancing scale,and find several indicators that have a higher impact on X company's debt refinancing scale.Finally,aiming at the score of X companies in various indicators,it puts forward suggestions to improve the quality of environmental accounting information disclosure,so as to obtain more large-scale debt refinancing to ensure the development of enterprises,and provide reference for other enterprises.