The Research On The Relationship Between Corporate Governance And Safety Information Disclosure Of High-risk Industry Listed Companies

Safety is necessary for the enterprise continuous operation, and it is also the premiseof human survival healthy. If safety production is not been concerned, the enterprise willhave a huge loss, thus affects the development of National Economy. The level of people’slife is higher with the economy development, and the social public’s expectations of thesecurity are increase in proportion, so safety production is very important. From the currentpoint of view, the country has taken many measures about safety production of high-riskindustry, but security incidents are still frequent, thus the safe production situation is stillnot optimistic. Enterprise security information disclosure is the window for stakeholders toknow the enterprise safety production. According to the safety production rules, enterprisesof high-risk industry should disclose specific information of safety production expenses’extraction and use more detailed, so external information users can get the information ofenterprise timely. Therefore, improving the level of enterprise security informationdisclosure has very important significance to solve the problem of safety production andmaintenance of the social stakeholders.On the background of safety accounting, this paper firstly summarizes the relevantliterature at home and abroad about enterprise security information disclosure and safetyaccounting, on base of Principal-agent Theory、Asymmetric Information Theory、CorporateGovernance Structure Theory, make the high-risk industry listed companies our country asthe research object, and based on the data from2009to2011three years, fully analyzesecurity information disclosure of high-risk industry listed companies in our country, andconstruct the safety information disclosure index based on the safety information contentwhich as the dependent variable, make the factors which reflect corporate governance asindependent variables, make the scale of the enterprise、earning capacity and asset-liabilityratio as the control variables, establish multiple regression model between the safetyinformation disclosure index and corporate governance of high-risk industry listedcompanies in our country, test the correlation between them, and proved the proposedassumption. The study shows that the company which has perfect corporate governancestructure discloses more detail and specification safety information, and the level of enterprise security information disclosure is higher. Finally, according to the results ofempirical research summarized the conclusion of this paper, and analyzed the results ofempirical analysis, contact the empirical results, combined with the actual business ofrelevant policy recommendations, and limitations of this study.