| In recent years,China’s rapid economic development has led to a qualitative leap in people’s quality of life,but this has been accompanied by an increase in environmental problems,which has had a negative impact on the implementation of China’s "sustainable development" strategy.As an important subject in the market,enterprises bring great convenience to people’s production and life,but also produce irreversible pollution to the environment,so they should bear the corresponding social responsibility.The disclosure of companies’ environmental accounts aims to do more than provide users with information on how they are meeting their social obligations,but also helps to optimise the allocation of environmental resources of enterprises and avoid causing waste of environmental resources.The brewing industry,as one of the sixteen heavily polluting enterprises,has received less research on the disclosure of its environmental accounting information than traditional heavily polluting industries such as steel and coal.In addition,the content and requirements of the form of its environmental accounting disclosure within the brewing industry are more arbitrary,making many companies disclose environmental accounting information selectively,which is highly likely to convey misleading information to information users.This is not conducive to supervision by the relevant state authorities or to vertical comparisons between the same industries.To remedy this,the problems associated with environmental disclosure need to be analysed.of listed companies in the brewing industry in China and explore how to standardise the disclosure of environmental accounting information of enterprises.This paper firstly explains the theory of environmental accounting information,and after reviewing and summarising the findings of previous investigators,analyses the current status of environmental accounting disclosures by listed companies in the Chinese beer industry,and at the same time uses the content analysis method to construct an index evaluation system suitable for this industry.Subsequently,Luzhou Laojiao Company Limited(hereinafter referred to as Luzhou Laojiao)was selected as the case company in this paper to analyse the motivation of its environmental accounting information disclosure,compare and analyse the nature and content of certain companies’ environmental accounting information for 2017-2021,and show the development process of environmental accounting information disclosure of Luzhou Laojiao in the past five years.Then,this paper evaluates and analyses the disclosure quality of Luzhou Laojiao based on the index evaluation system constructed above combined with the entropy value method,and conducts a horizontal comparison between industries.Then,the event research method is used to study different environmental events of Luzhou Laojiao and explore the impact of its environmental accounting information disclosure on the capital market.Finally,the problems of Luzhou Laojiao’s environmental accounting information disclosure are summarised and analysed and reasonable suggestions for improvement are made.This paper concludes that: environmental accounting information in the brewing industry is generally disclosed in a qualitative manner,with less quantitative information disclosed,especially in terms of environmental performance,and there is a lack of information disclosure on environmental liabilities;Luzhou Laojiao lacks a unified standards model for environmental accounting information disclosure,and disclosure is selective and unreliable;the quality of environmental accounting information disclosed by Luzhou Laojian is slightly above the industry average.,but it is not in line with the company’s ability to The quality of environmental accounting information disclosure in Luzhou Laojiao is slightly higher than the industry average,but is not in line with the company’s capability and needs further improvement;the negative environmental information of listed companies in China’s brewing industry is more concerned by investors than the positive environmental information. |
