Environmental Information Disclosure,internal Control And Financial Performance Of Mining Listed Companies

At the eighteen major meetings of the party,General Secretary Xi Jinping put forward the policy of "beautiful China",aiming at achieving the excellent ecological environment quality through the initiative of the whole people to consciously protect the environment,improving the environmental quality,and linking the links of environmental protection with economic development,social development and cultural construction.Emission reduction requirements and emission standards,and severely punish enterprises that do not discharge pollutants according to the requirements.Under the background of the country's active advocacy of beautiful China,all stages and links of social and economic development are focusing on strengthening environmental protection,the people's awareness of environmental protection has been strengthened,and the standards of enterprises' ability to protect the environment have been increasingly improved.China must maintain the balance between man and nature,promote the improvement of environmental quality,and promote the green and healthy development of economy on the premise of good ecosystem.China's specific criteria for environmental information disclosure continue to materialize,and the concept of environmental protection continues to deepen.Among the enterprises that have an impact on environmental pollution,mining listed companies have a greater impact on environmental pollution,and the requirements for the standardization and governance of environmental information disclosure are more urgent.In the field of ecological economy,more and more researchers pay attention to the social responsibility and environmental protection of enterprises Environmental information disclosure.But at present,there is no accurate internal law for the relationship between the two,and the specific criteria of environmental information disclosure suitable for China's national conditions need to be further studied to determine.Therefore,it is urgent to clarify the relationship between environmental information disclosure and financial performance of listed mining companies in China and the path of action,so as to help enterprises find out how to improve internal control without harming the external environment At the same time to achieve the economic goals of enterprises.Ased on the combination of theoretical analysis and empirical regression,this paper uses stata15.0 measurement tools,based on 622 mining industry listed companies,selects the financial data from 2010 to 2019,and tests the empirical relationship among environmental information disclosure,internal control and corporate financial performance.The results show that there is a significant positive regression relationship between environmental information disclosure and corporate financial performance,the same as the empirical relationship Compared with the enterprises without environmental information disclosure,the sample enterprises with environmental information disclosure can produce higher performance level.On this basis,it is found that the improvement of environmental information disclosure is helpful to enhance the quality of internal control of enterprises,so as to give play to the internal relationship between the quality of internal control and environmental information disclosure,and comprehensively improve the level of financial performance.Heterogeneity test found that the nature of property rights and enterprise size will play a moderating role in environmental information disclosure and financial performance.Specifically,compared with non-stateowned enterprises,the positive relationship between environmental information disclosure and enterprise financial performance is more significant in state-owned enterprises;compared with small-scale enterprises,the positive relationship between environmental information disclosure and enterprise financial performance is more significant in large-scale enterprises.The conclusion is still valid after the robustness test and endogeneity test.The innovation of this article is that the mining listed companies are used as the research sample in the research perspective,which can provide a more targeted and instructive reference for scholars who will conduct related research on mining listed companies in the future,and provide a theory for the environmental information disclosure of mining listed companies.Supported by the multiple linear regression research methods,the nature of property rights and the size of enterprises have further studied the moderating effect of environmental information disclosure and corporate financial performance,and found that the positive relationship between the two is more significant in state-owned enterprises and large-scale enterprises.Future environmental information research work will provide certain reference value.