Study On The Environment Accounting Information Disclosure And Its Influencing Factors

Recent years, it is that China’s rapid economic development brought a series of environmental problems. As the subject of environmental contamination, companies can not evade its duty to protect the environment, and communities are putting pressures on companies to implement environmental protection. Under this condition,companies began to adopt measures about environmental protection in the production process and disclosed it. However, for the purpose of maintaining their own interests,enterprises will deliberately evade the adverse information when disclose environmental accounting information, which is not conducive for users to know the truth and will disrupt the orderly capital markets. Therefore, it is significant to study the environment accounting information disclosure of enterprises.In this paper, steel corporations of 2010 to 2013 were listed as samples. On the basis of introducing the research background, purpose and significance, firstly it analyzes the environmental accounting information disclosure of relevant domestic and foreign literature reviews, and further elaborates research ideas and research methods. Then it defines the concept of environmental accounting and environmental accounting information, and describes the relevant theory. Afterwards it analyzes the current status of the steel corporations about environmental accounting information disclosure from mode, proportion and content, and put forward the relevant problems.Next it proposes seven research hypothesis, which contain the company size, the extent of liability, the proportion of tradable shares, the degree of state-owned holding,the proportion of independent directors, whether the chairman and CEO duty-separated and the regional economic development or not, and they are considered as the independent variable system. Then it establishes statistical regression models: in prior, to determine the significant variables by mandatory regression method, and once again to accurate the significant variable coefficients by stepwise regression method, accordingly to find out the impact level of these factors.Finally it put forward some proposals and points out the conclusion, deficiencies andsubsequent prospect research.This study finds that currently the level of environmental accounting information disclosure about steel corporations is still relatively low, such as poor continuity and independence, less-practicality content. The empirical results show that firm size,proportion of outstanding shares, State-owned stake is significantly positively related to the level of environmental accounting information disclosure. Liability, regional economic development take a weak negative correlation between with the level of environmental accounting information disclosure.And weak positive correlation are existed between the proportion of independent directors and the level of environmental accounting information disclosure. By the way, the other variables almost not impact it.