Research On Environmental Accounting Information Disclosure Of Hesteel Co., Ltd

Environmental problems are the negative effects,and they also attract more attention from all walks of life.The concept of "green mountains and green waters are priceless treasures" has become the guiding light for the sustainable development of China’s environment.Heavy polluted corporates will cost the precious resources and produce a lot of pollution.Hebei Province in 2020 points out that the pillar industry of Hebei Province is industrial manufacturing,and these industries simultaneously affect Hebei’s economy and environment.Relevant departments should pay more attention to the information which the corporate show in their environmental accounting reports,and then ask enterprises to release more information related to the environment.Basic theories of this paper include: stakeholder theory,information asymmetry theory,sustainable development theory and social responsibility theory.Hegang Company Limited,which is located in heavily polluted areas of Hebei Province,is chosen to be an example.We will check its environmental accounting information.We can see from the present environmental situation in Hebei Province,Hegang has been holding on the sustainable development and think highly of being environmental friendly.It has an energy and environmental protection department and can continuously and stably disclose information.Compared with some companies,it has its advantages.However,its disclosure is not perfect,because of the weakness which is popular among other steel corporate and its own shortcomings.How the environmental accounting information is disclosed is relatively single,the released information has a tendency to show the positive side,the content of the information is relatively random,the form of disclosure is basically qualitative and short of comparability.The disclosure has some space to improve.Finally,from the internal perspective of the company,this article puts forward suggestions on how to ameliorate the quality of information released by HBIS,such as attaching importance to the disclosure of the company’s environmental accounting information construction,establish an incentive mechanism for environmental accounting information release,creating good environmental accounting systems within the company,and establishing a complete environmental information audit system.Three aspects work together in order to make the environmental accounting condition of HBIS better.