Research On Driving Factors Of Voluntary Discloure Of Carbon Information In Chinese Listed Companies

With global warming became the focus of the world, carbon accounting which evolved fromenvironmental accounting gradually become a hot topic.In China,carbon information disclosure are mainlyvia corporate social responsibility report according to the actual situation.In order to reflect the informationof the fulfillment of social responsibilities of listed companies clearly, the social responsibility report formsof listed companies in China are developed from simple narrative disclosures in the financial statements tosingle filer multi-level social responsibility report disclosure form. Currently,the Carbon Disclosure mainlybased on voluntary disclosure, managers of listed companies have more choices to disclose companyinformation,which will make sure that the interest of managers of listed companies and stakeholders willnot be damaged,and thus draw attention to scholars.To study the reason of the problems of voluntarydisclosure of carbon information will be good to analyze the internal drivers and policy action behind thevoluntary information disclosure,which will play an important role in establishing reasonable rules andregulations to manage and supervise the carbon information disclosure, thus provide evidence andexperience for the theoretical study of the carbon information disclosure.However, Chinese scholars haveinadequate study on the motivation of Voluntary Carbon Information Disclosure, thus there are lesstheoretical analysis and empirical evidence.Because of the special structure of the economic system such as special ownership structure,thesupervision of information disclosure are not strict, the legal protection system of investors is notperfect,and the imperfect corporate governance system,making it difficult to study voluntary carbondisclosure driving factors of China’s listed companies.Like the Financial Report,Carbon information andits carrier-Social Responsibility Report which will provide information for the dicision of stakeholders onthe one hand,and become the problem of academia and practitionersis on the other side,for it is hard tostudy the driving factors accurately.So,what are the main factors that influence the Carbon InformatinDisclosure of Listed Companies in China?Dose the corporate governance structurethe influence the CarbonInformatin Disclosure of Listed Companies in China?Dose abroad carbon accounting and research findingscan be used in the study of the voluntary carbon information disclosure of Chinese listed companies?Further theoretical analysis and empirical research testing are needed to solve these prblems.We can know by browsing the relevant literature that domestic scholars have following problems inthe study of driving factors of voluntary carbon information disclosure of listed companies in China. Firstly,although Chinese scholars have more and more research findings on the driving factors ofvoluntary carbon information disclosure,they are mainly deducted from foreign theory andachievement.There are little research which specialize in Chinese special situation.Seccondly, in the study content,most of the empirical research has focused on the impact of thepollution incident cases companies or government forces on the Carbon Disclosure constraints.However,there are little comprehensive analysis on the influence of the internal economic motivation and thecorporate governance structure.Thirdly, quantitative criteria of carbon information is the thorny problem in terms of index,mostscholars use assignment method which is easy,however,this method use quantity instead of quality whichignore the key feature of quality.,thus can not convince the conclusion of the study.This article will focus on the driving factors that influence the voluntary carbon informationdisclosure of Chinese listed companies through rigorous theoretical analysis and empirical research.Firstly,this article mainly show the research findings of voluntary carbon information disclosure in terms ofcarbon accounting,mainly about the current situation and development of carbon informationdisclosure,voluntary information disclosure and driving factors of crabon information discosure. Thisarticle will analyze the influence of the internal and external driving factors of voluntary corporate carboninformation disclosure by organizing the research results of voluntary carbon information disclosure bothat home and broad,and will put forward the author’s own points and tentative idea for the futureresearch.Then,this article will analyze the relative variables in different angles in order to know thecharacter of the variables by using the samples of companies of our country.What’s more,this article willanalyze the internal and external driving factors of voluntary carbon information disclosure of Chineselisted companies by employing multiple regression models.Lastly,this article will put forward relativeproposals by analyzing the results and manifestations of the phenomenon of empirical study.This articlefind that the profitability of listed companies, the size of the board of directors of listed companies,theproportion of independent directors and the company size have a psitve correlation with carbon informationdisclosure by theoritical analysis and empirical study.What’s more,the ability of development also have apositive correlation with carbon information disclosure,although it is not significant.