The Empirical Research On The Relation Of The Quality Of Environmental Performance Information And The Structure Of The Corporate Govermance

The information of company environmental performance reflects the effect ofenvironmental action in every period of the enterprise internal management process.Theinformation of company environmental performance embodies the environment responsibilityof the company, and influence on the enterprise long-term business performance.And thecorporate governance structure as a corporate institutions which aim to promote enterpriseoperating performance through affecting the supervision of the managements’ disclosure ofenvironmental performance management information affects the quality of the disclosure.Studing the problem that the corporate governance structure affects the quality ofenvironmental performance information disclosure is important to the companies’environmental performance information disclosure which is promoted by the better corporategovernance structure.This paper sums up the academic circles’ research achievements about the disclosureof environmental performance information and through according to disclosuringcondition of environmental performance condition in our heavy pollution listedcompany,analysis on the structure of company treatment factors on the quality of enterpriseenvironmental performance information disclosure.We through the selection of128listedcompanies’2008-2009public disclosure of corporate social responsibility report in the heavypollution industries as the samples,apply multiple linear regression model to research how thecompany management structure of different factors affect on the quality of environmentalperformance information disclosure. By empirical study we found the overall level of ourlisted companies’ environmental performance information disclosure is low.The percentage ofcontrolling shareholder equity and the size of the board have a significant influence onenvironmental performance information disclosure.And CEO holding a concurrent post andsetting up the strategic committee and the level of environmental performance informationdisclosure are positive correlation, but not signification. The properties of controllingshareholders, board of directors’meeting times and shareholding proportion are negativelyrelated to the environmental performance information disclosure level, but notsignification.Because of the empirical research conclusion,we put forward the followingsuggestions: perfecting the company governance mechanism,strengthening the governmentsupervision, establish the competition environment of environmental protection market,at lastsetting up the environmental performance evaluation system in allusion to our county as soon as possible.