Research On The Influence Factors About The Environmental Accounting Information Disclosure In Chinese Listed Companies In Ferrous Metal Smelting And Rolling Processing Industry

In recent years,environmental pollution has seriously affected people’s daily lives;but at the same time,people’s environmental awareness is enhancing constantly,and the government has also begun to make a series of laws and regulations to control environmental pollution.One of the major reasons behind air pollution is that polluting industries discharge pollutants into the air and one of the heavy polluting industries is ferrous metal smelting and rolling processing industry,which is also one of the main sources of environmental pollution;In the ferrous metal smelting and rolling processing industry,those that has been officially claimed as listed companies are undoubtedly the most representative.Thus,the disclosure of environmental accounting information of some public companies in ferrous metal smelting and rolling industry is worth of further research.In this paper,the author adopts the research design of "presenting problems-analyzing problems-solving problems" and uses the method of descriptive analysis,and multiple regression analysis as well as other research methods.The paper first analyzes the background,significance and the research progress at home and abroad about environmental accounting information disclosure in ferrous metal smelting and rolling processing industry.And on this basis,it defines the related concepts of environmental accounting and environmental accounting information disclosure,and elicits the theoretical basis of sustainable development and social responsibility.Then,by collecting,summarizing,and grading the data for five consecutive years(2010-2014)of 29 listed companies in ferrous metal smelting and rolling processing industry,the paper analyzes the current situation of the environmental accounting information disclosure of listed companies in ferrous metal smelting and rolling processing industry from two aspects,disclosure contents and methods,and it puts forward the research hypothesis.It uses the 2010-2014 annual report and social responsibility report of listed companies in 29 ferrous metal smelting and rolling processing industry as the main source of data,and eight indexes such as region and environment accounting information disclosure,corporate profitability,ISO system certification,the establishment of the environmental protection department,the environmental pollution incidents,the company size,debt and equity concentration as explanatory variables,and environmental accounting information disclosure index as explained variable,to establish a regression model.Through descriptive analysis,correlation analysis and multiple regression analysis,the following main conclusions are drawn.(1)In the ferrous metal smelting and rolling processing industry listed company,there is a significant relationship between environmental accounting information disclosure and some factors such as the certification of the ISO environmental management system,the area and the environment accounting information disclosure level,the establishment of the environmental protection departments,the environmental pollution incidents,the indebtedness,the company scale and so on.(2)There is no correlation between the corporate profitability,ownership concentration and the environmental accounting information disclosure in ferrous metal smelting and rolling processing industry listed company.At last,according to the present situation analysis and empirical analysis of the ferrous metal smelting and rolling processing industry listed company,we make our own suggestion to improve the quality of environmental accounting information disclosure of the listing company in these two fields in China,including the improvement of the relevant regulations,establishment of environmental accounting information disclosure system,establishment of corporate social responsibility report in accordance with established standards,optimization of the organization,establishment of environmental protection department,improvement of the environmental awareness of ordinary investors and enhanced supervision of the enterprises.