Research On The Influencing Factors Of Environment Disclosure Of The Listed Coal Industry Companies

In modern society, while economy is rapidly developing, it is also destroying theenvironment for human survival with unprecedented speed. Recently, due to dailyworsening eco-environment of our country, protection of environment is beingattached great importance by the whole society. Accumulated environmental pollutionin a long time has begun to show its real and potential hazards. The coal industry isone environmental pollution source, so studying the environmental accountinginformation disclosure of listed companies from the coal industry is imminent.This article firstly analyzes the backgrounds and significances of studying on theenvironmental accounting information disclosure, reviews and summarizes thenational and international documents and literatures about environmental accountinginformation disclosure, defines the related concepts about environmental accountinginformation disclosure, sketches the content and theoretical basis of environmentalaccounting information disclosure, including stakeholder theory, social responsibilitytheory, sustainable development theory, information asymmetry theory and decisionusefulness theory. Secondly, the article collects data from2009to2012of32listedcoal industry’s companies, reveals the current situation of environmental accountinginformation disclosure via their disclosure method and content. Then according to theanalysis of the environmental disclosure situation in our country from listedcompanies of the coal industry, the article puts forth its research hypothesis, and takesthe annual report and social responsibility report from2009to2012of32coalindustry listed companies as data source, the index of environmental accountinginformation disclosure as dependent variable, the company size, profitability, debtextent, independent directors percentage, oversea listed, company location, ownershipconcentration, ISO environment system certification acquisition, supervisorpercentage, social responsibility report published as arguments, to build regressionequation. After that, it draws a conclusion with descriptive statistical analysis,correlation analysis and multiple linear regression analysis to the environmentalaccounting information disclosure index and the ten influence factors. That there is asignificant correlation between the environmental accounting information disclosuredegree of coal industry listed companies and their size, independent directorspercentage, oversea listed, ownership concentration, ISO environment certification acquisition; while there is also some impact with their profitability, supervisorpercentage; otherwise, there is no significant effect with their debt extent and location.At last, based on empirical study the article proposes policy recommendations toimprove the environmental accounting information disclosure degree of our country,and also points out the inadequacies of this study.