A Research On The Influence Of The Environmental Accounting Information Disclosure Of Public Companies

Most area of our country have suffered a very serious haze weather since2013,there are more than80%of the300cities did not reach the second air qualitystandards of our nation during the year2014. Chen Jining, the new minister ofenvironmental protection, attended the conference "related issues to strengthen theenvironmental protection" to answer the questions from journalists on March,2015,he said that: our environmental situation remains very grim, manifested in threeaspects: fist, our environment quality is very poor; second, our ecological loss isbadly serious; third, we have a highly environmental risk. Environmental problemshave become the bottleneck problem of our implementation of a well-off society in anall-round way, and become the focus concern of government and social member.The management of enterprises has a closely relationship with the environmentalproblems, especially the heavily polluting enterprises have caused seriousenvironmental pollution and ecological destruction, which have attracted the eyes ofstakeholders. Thus the disclosure of the environmental accounting information is amust, and social responsibility report severed as a new carrier is becoming a kind oftrend.My paper applies positive research, combined with normative research method.My essay begins with the definition of environmental accounting, expounds therelationship between environmental accounting and traditional accounting, and thenexplains the content of environmental accounting; My essay analysies several formsof the environmental accounting information disclosure, and thinks the social responsibility report is the best way of the environmental accounting informationdisclosure. From the point of the principle of relevance and reliability, My essayconstructs the accounting information index of environment accounting(EDI), basedon the relevant provisions of the GRI criterion, the rules of Shanghai Stock Exchangeand Shenzhen Stock Exchange, and"Environmental Information Disclosure Measures(for Trial Implementation)". In terms of the influencing factors of the environmentalaccounting information disclosure, domestic and foreign scholars mainly focus on thefinancial characteristics, company governance, the pressure of the supervision and thepressure of the public. My essay regards the theory of sustainable development,legitimacy theory, stakeholder theory and decision usefulness theory as the theoreticalfoundation, this paper will study the influence factors on the quality of theenvironmental accounting information disclosure from the perspective of internalpressure and external pressure from the company. The internal pressure mainlyincludes the pressure from the board of directors and manager, and the externalpressure, including the pressure from government, creditors, consumers, shareholdersas well as the social public. This article use the data of profitability and economicarea as control variables, and then carry them on the empirical analysis. The resultsshow that the pressure of the broad, management, government, shareholder and publichave a positively relationship with the disclosure of environment accountinginformation, on the contrary, the creditors pressure has a negative relationship withthe disclosure of environment accounting information, and consumers pressureshowed no significant relationship.Through theoretical analysis and empirical research we found that, generallyspeaking, the level of environmental accounting information disclosure is not high inthe heavily polluting industries at present, and there is a big gap between differentcompanies. So this paper put forward the relevant recommendations from the threedimensions of government, company and stakeholders. The government can establish a unified standards which is similar to the rules of international standards so that wecan regulate the information disclosure of environmental accounting. In a addition, aspecialized third party auditing which governed by the state is a need; Company itselfcan improve the management system to promote the disclosure of the environmentalaccounting information; stakeholders can through various means to influence thedisclosure of environmental accounting, such as the purchase of goods, the refuse ofinvesting to the serious polluting companies. We hope these ideas can help to improvethe level of the disclosure of the environmental accounting information of the publicCorporation.