A Study On Environmental Accounting Information Disclosure Of The Influencing Factors

To better solve environmental contamination of our country at present and realize balanced development of economy and ecology,government of our country has released a series of environmental regulations to require enterprises to reduce environmental pollution.Under this background,all stakeholders of enterprises start to focus on actions taken by enterprises in environmental protection,requiring enterprises to provide information of environmental accounting of higher quality.According to domestic researches made,however,information of environmental accounting disclosure of listed companies in our country are not of high overall quality,disclosure forms are not united and disclosure contents are not comprehensive.These are mainly caused by inadequate supervision,which leads to insufficient external motivation of enterprises’ information disclosure.Meanwhile,enterprises have no strong self-consciousness in information disclosure of environmental accounting.Therefore,this thesis selects the pharmaceutical manufacturing industry as the research subject,on the one hand to improve consciousness of environmental protection of the public and enhance the external supervision;on the other hand,to improve the initiative of enterprises disclosure of information of environmental accounting.This thesis states the relative research background and research meaning of environmental accounting and its information disclosure in combination with research findings of other scholars and sustainable development theory,social responsibility,decision-usefulness theory,stakeholder theory and asymmetric information theory.Taking the A-shares company listed on the Shanghai and Shenzhen exchanges of pharmaceutical manufacturing industry as the research subject,this thesis is aimed to know the status quo of information disclosure of the industry and analyze the problems existed by reading the annual report and Corporate Social Responsibility report during 2012-2016.By means of constructing multiple linear regression model,the thesis examined the correlations and conducted regressive analysis to the eight factors as company scale,profitability,government pressure,social supervision pressure,repayment capability,ratio of fixed assets,ratio of independent directors,regional and economic development level,with information disclosure level of environmental accounting.The empirical results indicate:there is prominent positive correlation between company scale,profitability,government pressure,social supervision pressure,ratio of fixed assets and information disclosure index of environment accounting,the same as the expectation.Repayment capability,ratio of independent directors and regional economic development level have no significant influence on information disclosure.Finally,the thesis puts forward relative suggestions based on the status quo of information disclosure of environmental accounting of listed company of pharmaceutical manufacturing industry and the empirical research results,including:to improve the governance structure of company,utilize the supervision of independent directors,improve the initiative of enterprise environmental accounting information disclosure,enhance cultivation of environmental accounting talents,improve the legal system of environmental accounting information disclosure,strengthen government supervision and enhance propaganda of environmental protection.