A Study On Carbon Accounting Information Disclosure Influencing Factors

As a measure of coordination degree of economic development and energy conservation, carbon accounting information is the foundation of operating emissions trading scheme. Therefore “new normal” requires companies to ensure the carbon accounting information. Currently,disclosure of carbon accounting information is the autonomous behavior of enterprises, and its quality is bound to be influenced by many factors.Reviewing a number of relevant literature and analyzing the mechanism of enterprise disclosure behavior, this paper makes empirical tests for companies’ carbon accounting information and their influencing factors in the Yangtze River economic belt. The evaluation indicators system for carbon information disclosure, contains four parts: emission reduction strategies and targets, emission reduction management,emission reduction accounting, capital investment and government subsidies. With the listing companies in Yangtze River economic belt as a research sample, this paper selects variables from financial targets,corporate governance variables and regulation pressure, and makes a thorough inquiry for carbon information disclosure effects by the multivariable linear regression. The research demonstrates that the overall quality of carbon accounting information in this district is relatively low,driven by corporate governance, and environmental regulation pressureand financial factors which plays a crucial role. Good financial performance, reasonable corporate governance and environmental regulation pressure can improve enterprise carbon accounting information quality. And the factors of disclosure varies slightly depending on the type of carbon accounting information and the geographical position.Therefore, it has been an effective way to heighten regional carbon disclosure standard by conducting stakeholders to concern about carbon accounting information which can increase corporate awareness,improving the internal governance structure and efficiency of internal controls, and stepping up regulation pressure in consideration of the local circumstances.