Environmental Information Disclosure Of Listed Companies In China And Its Influencing Factors

As human activities on the Earth’s environment aggravated the negative effects of rapid,economic development makes increasingly heavy environmental burden. Company as one of the important impact, should response the concept of sustainable development and Seriously performance the environmental responsibility.In order to measure each company’s efforts in environmental protection,the studies of environmental accounting emergenced in accounting theory. Disclosure of environmental information as an entry point into the practice of environmental accounting, which was very important for sustainable development. China has Published a number of laws and regulations to force companies to disclose environmental information, but only provides the form and content.For consideration of various factors, some companys changed the content and degree of the environmental information for disclosed, maked the disclosure lack substantive value in use,the quality of disclosure was poor.This paper was based on the need for disclosure of environmental information, combined with environmental information disclosure of listed company status, used the method of correlation analysis stadied the factors which were affected the quality of environmental information disclosure, and thus got some suggestions on how to improve the quality of environmental information of listed companies.In empirical study, firstly this paper combined with theoretical analysis and status of environmental information of listed companies, proposed Environmental Disclosure Index which reflected the quality of company environmental information disclosure indicators and influencing factors of11quantitative indicators.Secondly, chose206sample companies from the Shanghai and Shenzhen after finishing the collection of data,carried out the multiple regression analysis using Eviews. Finally, according to the findings of previous chapters, some suggestions have been proposed of improve the quality of environmental information disclosure of listed companies,such as improved corporate governance structure, legislation and operational simultaneously, strengthen the supervision of the CSRC, the introduction of measures to encourage voluntary disclosure, Strengthen the finance management of listed companies,strengthen the CPA’s review of environmental information disclosure, intermediary institutions establish the authority of evaluation system of listed companies.