The Study On Enveironmental Accourting Information Disclosure Of Heavy Polluting Industries

Over the past few years, the Chinese and even global stock markets have experienced the ups and downs of unusual stage, the global capital market has continuously developed to the standardization, marketization, institutionalization and development of the buyer’s market, securities market has been unprecedented paid attention to, and attention is more focused on the investors of listed companies. At present, Chinese securities market is an emerging market, in order to grow into a mature securities markets, which require the participation of many aspects, and is the principal part of listed companies in the securities market, listed companies want to gain a foothold in the securities market and get a long-term development, it attracts the attention from investors and keep stable good relations with investors, it is necessary. And how to promote the relationship between the investors and the company, for listed companies is crucial to solve the problem.Investor relations management work in China at present situation is not optimistic, there are still many problems in the concrete implementation process, such as lack of sufficient information disclosure mechanism and information communication mechanism, information communication and feedback of inefficient, although some visionary company has taken steps to improve the information disclosure and information communication mechanism, so as to improve its relationship with investors, but most of the company or a lack of emphasis on investor relations management, in the process of the specific work of investor relations management there are still a lot of room to improve. Raising the level of investor relations management helps to meet the demand of the company’s financing, improve the market performance of firms’ share prices, improve the corporate performance and maintain the stability of the securities market. The purpose of this paper is to explore influence on the performance of listed companies investor relations management, offer some help to establishing and perfecting the mechanism of investor relations management of listed companies has a practical suggestion. In this paper, combining normative research and empirical research, and give priority to with empirical research. From the investigation of investor relations management and corporate performance, the general theory of analysis of investor relations promoted the realization mechanism of enterprise performance, and then to collect relevant data, using statistical test and regression analysis and econometric methods such as empirical research about this problem. When carries on the empirical research, this article selects two aspects of information disclosure and communication of28indicators to build the index of investor relations management, so as to evaluate the sample companies with comparative analysis, and then according to the selection of performance indicators, through multiple regression analysis investigation of investor relations management to the enterprise performance impact, conclusions and Suggestions were put forward.This paper consists of five parts. The first part is introduction, mainly introduced the research background of this paper on investor relations management research, the selected topic motive and investor relations management at home and abroad research status and development trend, research purpose and significance, thesis structure and innovation points in this paper. The second part introduces the investor relations management theory framework, mainly including the connotation of investor relations management, investor relations management of the basic properties, investor relations management goals and means, content of investor relations management. The third part is the definition of corporate performance, and corporate governance theory, principal-agent theory, asymmetric information theory, marketing theory and the relationship between capital value theory as the basis in order to investigate the influence of investor relations management for the company performance. At the same time, puts forward the research hypothesis in this paper. The fourth part is empirical research part of this article, including the research design and empirical analysis two parts. Included in the study design variables, model design and sample selection and data sources. Through multiple regression in the empirical analysis and descriptive statistics in order to investigate the influence of investor relations management for the company performance. The fifth part is based on the research conclusion and enlightenment, mainly including institute, this paper draws the conclusion, limitation and deficiency of this study and future research directions and Suggestions to our investor relations management.