Research On The Environmental Accounting Information Disclosure In Chinese Listed Companies

Environmental pollution is an important issue in our country which is currently facing economic development, and the listed company is a major creator of economic life, social and economic impact, while is also polluting our environment. Therefore, the listed company has a very important responsibility in environmental protection and governance. Right to assume the responsibility to protect the environment requires enterprises in information disclosure when the economy is not only to assume fiduciary responsibility, but also need to reflect the environment of fiduciary duty. However, due to the complexity of the company’s environmental activities and environmental matters, but also failed to match the recognition and measurement principles of traditional accounting, the financial statements has not yet been incorporated into the system. Environmental accounting is out demand for green development. At present, China has a serious environmental problem, and the task arduous of environmental protection and governance, corporate environmental accounting information disclosure is one of the possible means to solve related problems.However, the food industry enterprise related tightly with the people. Most people focus more attention on the food safety but ignore the pollution to the environment a bit. Therefore, we choose the food industry as a research subject, I hope to complement industry research on environmental accounting information disclosure on, but also to improve the information in addition to the food industry in social responsibility information disclosure other than food safety. So this article chose sustainable development theory, stakeholder theory, signaling theory and the agency cost theory as the theoretical basis. Through literature research, starting from the existing research results, select Shanghai and Shenzhen eligible 86 listed companies’ in the food industry in three years related data as a research sample, from the disclosure of proportion, content, form and disclosing four ways to a combination of qualitative and quantitative methods to disclose the status of environmental accounting information for analysis and identify problems. Then the causes of problems in the food industry companies from the financial situation, analyze the corporate governance structure and the external environment in three aspects. In an empirical study on the relationship between the food industry and various related factors disclosure index betewwen multiple linear regression model was constructed.Through empirical research on listed companies in the food industry environmental accounting information disclosure level factors, we conclude that the quality of the food industry is currently relatively low but showing a good development trend. Company size, profitability, board size, the proportion of the independent directors and social monitoring pressure with environmental accounting information disclosure level was significantly positively correlated, cash strength and the chairman and general manager separation with the related level were not significantly affected, but showed some negative. There was no significant impact of government pressures and listed companies in which the degree of regional economies. On the basis of empirical research, this paper concludes with practical and effective advice from the related regime, the company’s financial situation, the company’s governance and the external environment in four areas, committed to improve the level of China’s food industry related disclosures and the role to be able to judge the whole country all walks of life, to promote enterprise really aware of no longer blindly pursue economic growth, but more concerned about the quality of long-term development.