Research On The Influence Of Environmental Information Disclosure Quality On Enterprise Performance

In recent years,when developing the domestic economy,the protection of the environment has been neglected.As a result,environmental problems such as severe land desertification,severe air pollution,serious deterioration of the water environment,and serious soil environmental pollution have emerged.The root cause of these problems lies in the group or Individuals are irresponsible and want short-term benefits.This thesis studies the impact of the quality of environmental information disclosure on corporate performance from two levels,financial performance and social responsibility performance,and points out that companies and governments should improve environmental governance systems from both social responsibility and economic perspectives.The relationship between the quality of the disclosed environmental information and the performance of social responsibility is studied,and the research ideas of scholars are expanded,which has certain reference value.At the same time,the study shows that the improvement of the quality of environmental information disclosed by enterprises will promote the economic performance of enterprises to a certain extent.Which is conducive to stimulating companies to voluntarily strengthen environmental governance and improve the quality of their environmental information.This thesis is mainly divided into four parts.The first part is the introduction part.It uses the literature analysis method to study the related literature in this article.It clarifies the research direction and research significance.The second part is the theoretical part,which analyzes the relevant literature and proposes the theory.The foundation;the third part is the empirical part.This article uses the content analysis method,entropy weight method and regression analysis research methods to study the environmental information disclosure quality and corporate financial performance,corporate society of key national monitoring enterprises in the heavy pollution industry from 2009 to 2018.The impact of responsibility performance,it is found that the improvement of the quality of environmental information disclosure of the company will improve financial performance,and at the same time the cost of debt financing plays a key intermediary role in the impact of corporate environmentalinformation disclosure on corporate financial performance,high-quality environmental information disclosure Will have a positive impact on corporate social responsibility performance;the fourth part is recommendations.This thesis makes the following suggestions.First of all,enterprises should formulate environmental information disclosure regulations with their own characteristics based on the output and effects of past environmental governance inputs,improve the quality of environmental information,and at the same time strengthen the performance of social responsibilities to achieve sustainable corporate development.Secondly,the government should improve the quality of environmental information disclosure of enterprises beforehand and monitor them afterwards.Finally,for other stakeholders,it is necessary to implement its own supervisory power and urge the corporate governance environment through reasonable means.