A Study On Information Disclosure Of Asset Disposal Obligation

In the face of the current rapid development of economy, enterprises also pursuit the interests by the fast rhythm, and often ignore environmental restoration and ecological management and so on the end of the work.The resulting dumping duty problems are gradually prominent, the asset retirement obligations of accounting recognition, measurement and disclosure of information, has becoming one of the enterprise which must be perform their social responsibility.On the other hand, more investors pay close attention to enterprise environmental responsibility and ask for management to disclose more comprehensive information about asset retirement obligations. However, some companies according to the provisions of the asset retirement obligations related to the accounting treatment and disclosure, and some companies did not fulfill this social responsibility, lacking rapid economic asset retirement obligations and the development of information disclosure, the urgent demand contradiction is increasingly significant.. Therefore, this paper analyzes the basic theory and empirical data from test two aspects of the problem studied asset retirement obligations of listed companies to disclose information.First of all,the text systemic analysis the information disclosure of asset retirement obligations research background, purpose and significance. Then combining the current research results, analyzes the feasibility of the research topics. This paper choose the asset retirement obligations information disclosure through the research of this problem is not just for the perfection of accounting rules, but also to meet the urgent demand of capital market.The third part is to select sample, according to the results of data processing summarizes our country the status quo of information disclosure of asset retirement obligations and analysis the problems.The fourth part through the case analysis and empirical test to researches in these problems, and find the may point to improve the breakthrough of the current status of information disclosure of asset retirement obligations, and in the fifth part puts forward corresponding suggestions.The article select the mining industry in our country the three years in 2011-2013 data of listed companies as samples. And in-depth study its annual report and social responsibility report(environmental report), to be analyzed statistics finishing asset retirement obligations to disclose information related data using descriptive statistical analysis method, the overall situation of China’s listed companies in the extractive industries asset retirement obligation of information disclosure, disclosure methods and disclosures, summarized the main problems of the current information disclosure of asset retirement obligations exist.For example, enterprise asset retirement obligations for disclosure of information has randomness, disclosure is incomplete; guidelines for the industry to limit the scope of information disclosure of asset retirement obligations need to be extended; and lack of a system was to improve the asset retirement obligations to disclose information processing specifications, application guides. To further study the factors asset retirement obligation of information disclosure, paper selected ownership concentration and local government environmental governance capacity as explanatory variables, the mathematical models 1 and 2, then the use of mathematical statistics, correlation analysis, multiple regression the method of analysis to verify the above variables and corporate information disclosure of asset retirement obligations between treatment and whether there is a significant correlation between how they affect corporate retirement obligations of information disclosure. Found that enterprise ownership concentration and asset retirement obligations there is significant positive correlation relationship between information disclosure behaviors, local government environmental governance capability,but not through the test of significance.The secondary indexes, the information disclosure of enterprise asset retirement obligations behavior and significant positive correlation between the local government policy support, and with the local economic development exists significant negative correlation relationship between greening degree.Finally, the author tries to from two aspects of system policy and implementation measures, to improve the current situation of information disclosure of asset retirement obligations countermeasures are put forward.Innovation point of this article is mainly on, through the chart and statistical analysis, discusses the regional economic development level, institutional background and the relationship between the enterprise retirement obligations information disclosure behavior, fully explain the local government environmental governance retirement obligations of the enterprise information disclosure behavior..In addition, the author from the assets retirement obligations the Angle of accounting recognition, measurement and disclosure of information, normative Suggestions were put forward on the system construction, to build China’s asset retirement obligations accounting norms play a reference value.