The Research On Listed Companise Environmental Accounting Information Disclosure

The global economy has entered into a high-speed development period since the industry revolution. Environment pollution has then gradually accumulated and showed its threaten. Enterprises become the initiator of the environmental issues caused when they make full use of resources to develop the economy. Therefor requirements of its corporate responsibility not only to shoulder environmental problems and restore the problems, but also to disclose its efforts to maintain the ecological balance of the environment for sustainable development. On this basis, the environmental accounting came into being, it manages to combine environmental issues with economic development. So that enterprises can pay attention to economic meanwhile to the environmental benefits. By the recognition, measurement, reporting enterprise’s environmental assets and liabilities, as well as costs related to environmental issues, costs, Environmental accounting can reflect the impact on the business environment matter the outcome. So it is an extremely important that disclosure of corporate environmental accounting information.At first, the pharmaceutical manufacturing industry is a significant role which in aspects of protection and promotion of people’s health and also is a powerful booster of economic development and social progress. At present, the rapid development of China’s pharmaceutical industry is composed of chemical preparations and chemical raw materials. However, as many kinds of products are generated, products are updated quickly, complex materials are used, and a large part of the raw materials consist of the toxic and hazardous substances; Because the technology aspects of the yield is not high, so a large amount of complex components of the waste is output, in particular wastewater synthetic, semi-synthetic and fermentation of the resulting class pharmaceutical arising due to the high concentration of refractory are great harmful to the environment. According to Ministry of Environmental Protection publicly available data show that in2009China’s pharmaceutical industrial output value accounted for less than 3%of GDP, while total emissions has accounted for6%. Especially in the manufacture of APIs high pollution, which are high energy consumption, the atmosphere, water pollution is particularly severe, the pharmaceutical industry is the most polluted areas. As one of the fourteen heavy polluting industries Ministry of Environmental Protection paragraph shall timely and accurate disclosure of environmental accounting information. But frequent environmental accidents in practice make us questioned the disclosure of environmental accounting information from pharmaceutical companies, which can’t make the public satisfied. In view of this, this article is intended to take pharmaceutical industry as the entry point to evaluate disclosure of environmental accounting information in listed companies, focusing on the disclosure mode and content.This paper is divided into five parts. The first part introduces the background, significance, framework, and methods of the research. The second part makes a brief analysis of relevant theory, which is involved in the environmental disclosure issues. Then the next part is the present situation of Chinese and foreign environmental information disclosure, mainly describes the current state of our country and foreign environmental information disclosure and their respective characteristics. The fourth part is the case studies, this part compares and analyze Chinese companies and foreign companies. In the final part of this paper is conclusions and recommendations.This paper intents to find the gap in environmental accounting information disclosure of Chinese listed companies and foreign listed companies by normative research, statistical analysis, case studies, and taking into account the theory of operable and practical research, finally provides recommendations for the government to formulate the environmental accounting information disclosure policies, laws and regulations, provide the basis for the construction of accounting information of listing corporation disclosure system.