The Relationship Between Listed Abroad, The Characteristics Of Actual Controller And Enterprise Environmental Information Disclosure

PM2.5index has become a routine weather forecast project, people are concerned about the environment into the daily life. Enterprises in the field of environmental protection is becoming more and more attention by all stakeholders, enterprises in the history of major environmental problems, and even directly affect the survival of the enterprise. Environmental information disclosure as the enterprise to express and show the important aspect of its environmental protection responsibility, are increasingly brought to the attention of the enterprise itself and the stakeholders.Based on the legitimacy theory, stakeholder theory and cost-benefit theory, on the basis of using the Chinese and foreign comparative analysis on environmental information disclosure laws and regulations, explore overseas on environmental information disclosure regulation for domestic enterprise environmental information disclosure level influence. About overseas on environmental information disclosure regulation for domestic enterprise environmental information disclosure level influence, this article chooses the overseas listing and whether the actual control for foreign investment as test environment information disclosure regulation play a multinational influence in the middle of the variables. Heavy pollution industry in Shanghai a-share companies as research samples, analyzing the characteristic of the test of the listed abroad and the actual control for enterprise environmental information disclosure. Research has found that enterprises listed overseas can significantly improve the environmental information disclosure level; Whether the actual control of enterprise for foreign investment have little influence on the environmental information disclosure level. This research and found to meet global flow of capital for enterprise environmental information disclosure, and the influence of the pros and cons of the securities market openness has provided a new Angle of view and evidence.