| Security is the basis of the existence and development of human society.With the rapid development of society,people’s needs no longer stay in the material level,"health" has gradually become a new goal of people’s pursuit.This shows that people pay more and more attention to their own safety and health,and then pay more attention to the production safety of enterprises.However,in recent years,China’s production safety accidents occur frequently,because of information asymmetry,people’s cognition of the enterprise is easy to produce deviation,so that both sides have a crisis of trust.This is not good for both sides.It not only threatens the lives of employees and causes panic,but also damages the social image of the enterprise,which is not conducive to its development.Therefore,enterprises should pay attention to safety in production,disclose relevant safety information,and reduce the loss caused by information asymmetry.However,existing studies have found that the level of safety information disclosure of listed companies in high-risk industries is generally not high,and relevant influencing factors have not been fully studied.Based on this,this paper tries to explore the influence of internal control on safety information disclosure from the new perspective of internal control,and tries to expand the research on the influencing factors of safety information disclosure,and explore a new way to improve the level of safety information disclosure.First of all,this paper summarizes the existing research literature and puts forward research hypotheses based on four theoretical bases.Secondly,according to the relevant provisions of high-risk industries,this paper selects nine A-share listed companies in Shanghai and Shenzhen Stock Exchange as sample companies.The content of the company’s annual report was analyzed and scored,and the safety information disclosure index of listed companies in high-risk industries from2013 to 2019 was manually sorted out.Dubo internal control quality index was selected as the explanatory variable to explore the influence of different internal control quality on the safety information disclosure of high-risk industries.On the other hand,the rated safety information is divided into three parts according to the content,which are safety in production,response to safety matters and safety input.The influence of internal control quality on partial safety information disclosure is tested respectively.Thirdly,the results of the empirical study were verified by robustness test and endogeneity test.Finally,in the further analysis,the sample companies are divided into state-owned enterprise group and non-state-owned enterprise group according to the property right nature,and the impact of internal control on safety information disclosure is explored respectively.The results show that: first,the better the internal control quality of high-risk industries,the higher the level of safety information disclosure;Second,the improvement of internal control quality,so that the enterprise safety production situation and safety matters should be two aspects of information disclosure level can be improved,but the disclosure of safety input has no obvious promoting effect;Third,compared with state-owned enterprises,the improvement of internal control quality in non-state-owned enterprises has a more significant positive impact on safety information disclosure.This paper aims to improve the research results of internal control,enrich the influencing factors of safety information disclosure in high-risk industries,and provide theoretical support for improving the level of safety information disclosure. |
