Research On The Influencing Factors Of Carbon Accounting Information Disclosure Of Listed Companies Of High Energy Consumption Industry In China

Recently,the State Council issued the Notice on the Comprehensive Work Plan for Energy Saving and Reduction for the 13 th Five-Year Plan,which states that China's economic development has entered a new normal,industrial structure optimization has accelerated significantly,energy consumption growth has slowed,and the development of resource-based,energy-intensive and high-emission industries has gradually declined.However,it must be clearly recognized that,with the acceleration of industrialization and urbanization and the continuous upgrading of the consumption structure,China's energy demand is growing rigidly,and the problem of resources and environment is still one of the bottlenecks restricting China's economic and social development.In this context,we have selected 476 companies in six energy-consuming industries(petroleum processing,coking and nuclear fuel processing industry,chemical fuel and chemical products manufacturing industry,non-metallic mineral processing industry,ferrous metal smelting and calendering processing industry,non-ferrous metal smelting and calendering processing industry,power heating production and supply industry)as research samples.This paper makes an empirical study of the carbon accounting information disclosure in the three years 2014-2016,in which the explanatory variable is set up as the carbon accounting information disclosure index.The data is mainly derived from the annual financial report and social responsibility report of the giant tide information network,which are collated and collected;Explanatory variables include company size,profitability,ability to develop,equity characteristics,market recognition,and whether the company is in a pilot city for carbon trading,where the financial indicators used are derived from the Cathay database.In this paper,a descriptive statistical analysis of sample data is carried out,and it is concluded that the level of carbon accounting information disclosure of listed companies in energy-intensive industries is increasing year by year.Then,the correlation analysis and regression analysis of the sample data show that the five influencing factors,such as size,development ability,equity characteristics,market approval,whether the company is in pilot city of carbon emissions,are positively correlated with the level of carbon accounting information disclosure,while the effect of profitability on the level of carbon accounting information disclosure is not confirmed.Based on the current situation,problem analysis and empirical research of carbon accounting information disclosure in high-energy consuming industries,this paper puts forward some suggestions from the current situation and influencing factors,in order to provide suggestions for improving the level of carbon accounting information disclosure in high-energy consuming industries.The suggestions on the current situation mainly include establishing a perfect carbon accounting information disclosure system,improving the theory system of carbon accounting information disclosure,and the suggestions on influencing factors include strengthening the supervision of carbon accounting information disclosure,raising the awareness of energy saving and consumption reduction of enterprises,raising the awareness of environmental protection of the public.