Carbon Accounting Information Disclos、Sustainable Development Capacity And R＆D Spending

The Nineteenth National Congress of the Communist Party of China,based on China’s specific national conditions,proposed to actively promote high-quality development,further clarify the new direction of social and economic development.With the deepening of the market economy,many companies overemphasize the maximization of economic benefits,even unscrupulous means to maximize the so-called economic benefits,as a result,many problems have gradually become prominent in the process of production and operation.Recently,insufficient R＆D investment of listed companies,the phenomenon of insufficient innovation is frequent,the production method with high pollution and high energy consumption has attracted widespread attention from all walks of life.In fact,listed companies strengthen research and development aimed at enhancing market competitiveness,achieve more profit returns accordingly,ensure the healthy development of the enterprise itself.Intensification of competition under the market economy system,Any company must strengthen research and development,launch new products that meet the needs of market development,thus gaining a competitive advantage.This in itself is reasonable and legitimate.But,The mixing of R＆D investment for other purposes or insufficient funding exacerbates the low-quality problem of R＆D innovation.A large number of other studies have shown that,stagnant innovation and related problems such as high energy consumption and high pollution,it will greatly weaken the investment enthusiasm of investors,this is extremely detrimental to the development of the company.Carbon accounting information disclosure as a hot topic this year,it is also a bright mirror for the financial management of listed companies,it has a great influence on the preparation of corporate financial accounting reports and the ability to attract funds,its quality often has an important impact on whether enterprises increase investment in research and development.What’s more,sustainable development capabilities are the basic guarantee for efficient R＆D investment.As a rule,high-quality sustainability capabilities can promote the high quality of carbon accounting disclosure while ensuring that they can be fully utilized,lead to the proportion of R＆D investment of enterprises has been increased,provide necessary support for improving the innovation ability of enterprises.In specific practice,do effective measures to help improve the quality of carbon accounting information disclosure have an impact on the R＆D investment of enterprises?Does the sustainable development ability of enterprises play a role in regulating the quality of carbon accounting information disclosure and the relationship between enterprise R＆D investment?All these are worthy of attention and discussion.This paper focuses on the theme of "sustainable development capabilities,carbon accounting information disclosure and R＆D investment".Combine theoretical analysis results to propose research hypotheses;The corresponding listed company data were selected as the research sample,and the research hypothesis of this paper was analyzed with the help of the multiple regression model,that is,carbon accounting information disclosure is positively correlated with R＆D investment,and sustainable development capabilities can play an important role in regulating carbon accounting information disclosure and R＆D investment.After a series of empirical studies,the greater the R＆D investment of listed companies,the stronger the sustainable development ability of the enterprise,the stronger the quality of carbon accounting information disclosure will promote the R＆D investment of the enterprise.Based on the above conclusions,this paper:Firstly,In order to enhance the company’s R＆D investment capabilities,listed companies should clearly improve the rules and regulations of the company and enhance the ability of carbon accounting information disclosure;Secondly,listed companies should continue to promote the progress of green technology and improve the sustainable development capabilities of the company to ensure that the role of carbon accounting information disclosure can be effectively played;Thirdly,the government should also play a role in strengthening supervision and policy guidance,promoting the continuous improvement of the carbon accounting information disclosure system,and escorting listed companies on the road to developing a low-carbon economy.