Study On The Influence Of Internal Control,Market Competition And The Quality Of Carbon Accounting Information Disclosure

The global warming and the frequent occurrence of natural disasters cause people’s reflection on the environmental problems.It is not a long-term plan to sacrifice the environment in order to the economic.Low-carbon economy is the development trend.Reducing carbon emission is imperative.For the sustainable development of human society,the United Nations Framework Convention on climate change adopted by the general assembly of the United Nations requires the contracting States to reduce greenhouse gas emissions.All countries in the world are actively taking measures to deal with climate change,and China has also formulated the goal of greenhouse gas emission reduction.Heavy pollution industries have serious pollution to the environment.As the primary responsible body of carbon emission,these industries have become the key point of supervision of the national environmental protection department and the key to achieve the goal of energy conservation and emission reduction.And the carbon accounting information disclosed by these industries is the way for stakeholders to understand their social responsibility,and also one of the bases for the government to manage the environment.Therefore,it is of great realistic meaning to study the disclosure level of carbon accounting information in these industries.In this paper,the listed companies of A-share heavy pollution industries in 2016-2018 are selected as the research samples,enterprises with missing data are eliminated,and the 184 valid samples are left.Firstly,this paper defines the core concepts like carbon accounting information and puts forward research hypotheses on the basis of relevant theoretical analysis.Secondly,this paper carries on the empirical research design.The effectiveness of internal control is selected as the explanatory variable,measured by the Dibo index.The market competition is selected as the regulatory variable,measured by the Herfindahl-Hirschman index.Finally,the STATA15.0 software was used for multiple linear regression analysis of variables to analyze the relationship between internal control and the quality of carbon accounting information disclosure and the regulatory role of market competition.The results show that:(1)The effectiveness of internal control is positively related to the quality of carbon accounting information disclosure,and the relationship between them is strong in the non-state-owned enterprises.(2)The intensity of market competition plays a negative role in restraining the relationship between the effectiveness of internal control and the quality of carbon accounting information disclosure,and the market competition intensity has a more obvious negative effect in the state-owned enterprises.According to the above research conclusions,this paper puts forward suggestions from the perspectives of enterprises and governments respectively.For the sake of improving the disclosure level of carbon accounting information which can meet the needs of stakeholders and also provide reference for national supervision,enterprises should improve the consciousness of voluntary disclosure of carbon accounting information,strengthen the construction of internal control system,and cultivate compound talents in carbon accounting;governments should speed up the construction of carbon accounting laws and regulations,create a good market competition environment for enterprises,strengthen environmental protection publicity,and increase guidance of carbon management for enterprise.