The Empirical Research On Low Carbon Behavior Information Disclosure By Hunan Province’s Listed Company

The economic development model of low carbon has become an inevitable trend in the future. Enterprises,which is excessive consumption and excessive emissions, has a bad effect on environment.Their behavior of environmental protection also arose the concern of the community.The paper research the factors that influence low-carbon behavior in Hunan Province.Summrazing the literature of low-carbon behavior and low-carbon information disclosure.Describing the situation of the low-carbon information disclosure and deducing the influence factors of low-carbon behavior.The paper selects Annual report and Social responsibility report of A-share listed companies from 2009 to 2013 in Hunan Province,using index to quantify the low-carbon behavior of enterprises.Using multiple regression model,we research the impact of firm performance upon low-carbon index.The hypothesis of factors include the size of listed companies, profitable firms, capital composition, state-owned company, polluting industries and registration.The conclusion of the study shows that polluting industries and the size of listed companies are related to low-carbon index. Moreover, profitable firms,capital composition and state-owned company are positive correlation to low-carbon index,but it is not significantly. Furthermore,there are negative correlation between registration and low-carbon index,but it is not significantly.This paper also advises that government should enhance the policy for relevant support,and strengthen the monitory forces,enterprises should help build low-carbon culture positively,enhance the creativity and collaboration of communication,The public should increase the environmental awareness and join in the movement of environmental protection.