Environmental Accounting Information Disclosure Level Relativity With Internal Characteristics Of Empirical Research

With the expansion of the economy, the growing environmental questions is getting more attention.Environmental information disclosure, as a kind of means, is important to keep the development of economy healthy and orderly.10 major environmental pollution incidents have occurred on heavily polluting industries in 2013 year. It is necessary to disclose the environmental accounting information reports when these industries make financial reports. However, enterprises tend to indifferent of environmental protection. In year 2010 China just require 16 categories of heavy polluting industries make compulsory environmental accounting information disclosure. Other industries disclosed voluntarily. China is a coal consumption-based country. Coal enterprises’environmental pollution is extremely serious. Choose different industries may lead to inaccurate results in empirical study. So this article only chooses coal industry of which companies listed in Shenzhen and Shanghai Stock Exchange. So far most of the studies of environmental accounting information disclosure both at home and abroad are limited to in regulating research, relatively little empirical research. Factors affecting classification are classified as corporate governance and research, cost of capital, capital structure and corporate performance. However, it is fuzzy and disorder when use those varieties of indicators actually.Considering that this article subsumed all factors to the concept---company’s internal features.In this paper, combined with the research background, as well as the existing literature on the basis of the relevant theory, author expounds the concept of environmental accounting information disclosure and enterprise internal characteristics, and in the perspective of the coal industry, we use five years of annual report and social responsibility report, from year 2008 to year 2012, through related quantitative indicators, to build multi linear return model, exploring the correlation of our country’s environment accounting information disclosure level in heavy pollution industry and the internal features in empirical research. At last we get the conclusion: profitability, percentage shares, Top management shareholding, the effective tax rate, ownership concentration and firm size, whether occurred major pollution incidents significantly dependent on information disclosure of environmental accounting in coal industry. While, ratio of independent directors, law and the company’s position have no effect on environmental accounting information disclosure. According to the results of empirical analysis and the current situation in coal enterprises about the environmental accounting information disclosure in our country, this paper puts forward the suggestions of perfecting our country’s environmental accounting information disclosure system. It is conducive to national norms on environmental accounting information disclosure. More attention may be put to environmental protection. The analysis of the coal industry can also be used as reference to facilitate related research in other sectors.