Research On Quality Evaluation Of Enterprise Environmental Information Disclosure From The Perspective Of Social Responsibility

In recent years,environmental pollution has become a hot topic of social concern.The milk river dam failure events,oil spill,mining warehouse,the listed company’s collective excess emissions and other environmental pollution events,all manifests the enterprise benefit maximization trend in the chase,environmental information disclosure has a serious impact on the sustainable development,further restrict the development of our country’s economy.However,the situation of environmental information disclosure in China is not optimistic.In order to better fulfill social responsibilities and strengthen the quality of environmental information disclosure,the 19 th national congress of the communist party of China has,from a legal perspective,formulated a strategic plan to raise the emission standards of enterprises,improve the environmental credit evaluation system,improve the mandatory disclosure of information and improve the heavy penalty system.Therefore,how to regulate and evaluate environmental information disclosure,enable enterprises to properly fulfill their social responsibilities,and further strengthen the quality of environmental information disclosure has become a hot topic of theoretical and practical research,as well as this paper.Firstly,this paper sorts out the theories of social responsibility,information asymmetry,signal transmission and stakeholder,and comprehensively analyzes the development of corporate social responsibility and environmental information disclosure.Secondly,it analyzes the current situation of social responsibility and environmental information disclosure in China,points out the limitations of the existing environmental information disclosure quality evaluation system,increases the dimension of social responsibility,emphasizes the influence of stakeholders,and gives the research direction of the evaluation system.Then,based on the content scoring method and the social responsibility environment scoring method,the environmental information disclosure quality evaluation system is constructed from the perspective of social responsibility.Then,by collecting the social responsibility report,environmental report and environmental information disclosed in the sustainable development report issued by listed companies in heavy pollution industries from 2014 to 2016,stakeholders are divided into seven dimensional levels.Then,the quality of environmental information disclosure was quantified through valuation,evaluation and scoring,and the comprehensive EDI was determined to be applied as the dependent variable in the following empirical studies.This paper puts forward several assumptions about the quality of environmental information disclosure from various dimensions of stakeholders,builds a multiple regression model,and measures whether the pressure of stakeholders will lead to the fluctuation of the quality of environmental information disclosure.Based on the empirical results and the comprehensive evaluation criteria,this paper analyzes the impact of stakeholder indicators on the quality of environmental information disclosure.Finally,based on the empirical results,this paper puts forward some strategies to further improve the quality of environmental information disclosure.The results show that different stakeholders have different influences on the quality of environmental information disclosure.Shareholders,creditors,government and environmental information disclosure quality have significant positive correlation;Employees,the public and consumers are positively correlated with the quality of environmental information disclosure,but not significantly;Suppliers are negatively correlated with the quality of environmental information disclosure.Based on this,policy Suggestions to improve the quality of environmental information disclosure can be put forward for all stakeholders.First,at the stakeholder level,a stakeholder coordination mechanism should be established through shareholders,creditors,governments and consumers.Second,at the regulatory level,the environmental information disclosure system should be standardized by improving the environmental credit assessment system,mandatory information disclosure system,severe punishment system and government supervision function.Third,at the enterprise level,corporate governance structure and decision-making mechanism should be optimized by establishing the concept of social responsibility,improving the awareness of environmental protection and strengthening the internal environmental constraints of enterprises.