The Impact Of Government Subsidies And Internal Controls On The Quality Of Carbon Accounting Information Disclosure

China has been undergoing reform and opening up for 45 years since 1978.During these 45 years,the process of urbanization and modernization in China has continued to accelerate.However,in the process of industrialization and urbanization,many enterprises emit a large amount of greenhouse gases in their production and operation,leading to serious greenhouse effects and ecological environmental problems.Most of the enterprises in the heavily polluting industry are the backbone of the country’s economic development and also the lifeline of the country’s economy.However,among various industry categories,heavy polluting industries account for the largest proportion of carbon emissions,exceeding 80%.However,there is currently no standardized standard system for carbon accounting information disclosure in China’s heavily polluting industries,and related research mainly focuses on qualitative analysis.Therefore,this article takes listed companies in China’s heavily polluting industries as the research object.Through literature review,it is found that government subsidies and internal control are the key to improving the quality of carbon accounting information disclosure.Therefore,this article will explore the impact mechanism of government subsidies and internal control on the quality of carbon accounting information disclosure from two perspectives.First,three main research methods are identified:literature review and theoretical analysis,academic norms and qualitative research,empirical testing and quantitative research.Based on five basic theories,propose research hypotheses on government subsidies,internal control,and the quality of carbon accounting information disclosure.Next,this article combines the classification standards in the China Statistical Yearbook,the "Guidelines for Environmental Information Disclosure of Listed Companies(Draft for Soliciting Opinions)" issued by the Ministry of Environmental Protection,and the 16 heavily polluting industries mentioned in the "Classification Guidelines for Listed Industries"issued by the China Securities Regulatory Commission to determine the specific segmented industries studied in this article.752 companies’ enterprise data from 2016 to 2021 were selected,and a multiple regression model was constructed for descriptive statistics Multiple linear regression analysis,heterogeneity analysis and robustness test are used to obtain empirical results.The research results found that government subsidies have a significant positive effect on the quality of carbon accounting information disclosure,while internal control has a significant positive effect on the quality of carbon accounting information disclosure.Based on this,9 policy recommendations have been proposed at the national and social levels,as well as industry and enterprise levels,in the hope of improving the quality of carbon accounting information disclosure in heavily polluting industries.