Environmental Information Disclosure Level And Financial Performance Evaluation Analysis

The reform and opening up promoted the rapid development of my country’s economy,to a large extent,it also originated from the rapid development of listed companies.Among them,the development momentum of state-owned enterprises is particularly rapid,but it is also accompanied by many ecological and environmental problems.Environmental level has gradually attracted people’s attention.As an important pillar of my country’s economy,state-owned enterprises use environmental protection decision-making and environmental governance information that have received widespread attention from all walks of life.Under the supervision of the public and relevant regulatory authorities,state-owned enterprises play their dual roles as models and leaders to take the lead in disclosing corporate environmental issues.information.Based on the literature research published by domestic and foreign scholars,this paper combines relevant theories,takes my country’s listed state-owned enterprises as the main research object,and then constructs an indicator system and calculates financial performance by selecting relevant indicators.First,the analysis found that the current situation of environmental information disclosure in my country is still in the initial stage,and its research has just started,the research direction is too one-sided,and there is still a lack of evaluation research on the indicators themselves.And combined with the basic situation of my country’s state-owned enterprises to construct an index system for evaluating disclosure.Then select relevant financial indicators to calculate the financial performance of state-owned enterprises.Then,three research hypotheses are proposed from the relationship between environmental information disclosure level and financial performance,and empirical analysis and results discussion are carried out.Finally,relevant policy recommendations and a summary of the shortcomings of this research and prospects for future research in the same direction are put forward.This article uses SPSS to analyze the correlation of each variable and uses STATA12 to perform multiple linear regression analysis on the sample data.The following research conclusions are obtained:(1)Enterprises do not pay enough attention to environmental information disclosure,the specific environmental performance frameworks disclosed by enterprises are different and there is no unified standard,and some information such as data is not perfect.(2)The amount and quality of corporate environmental protection behavior and pollutant emissions disclosed in the current report of listed companies and Chinese state-owned enterprises have a positive impact on financial performance,but it is not significant.(3)Improving the environmental information disclosure level of listed state-owned enterprises in the previous period has a significant role in promoting the improvement of corporate financial indicators.(4)The better the financial benefits of listed state-owned enterprises in the previous period,the better they can promote the enterprises to independently disclose environmental information.The research conclusions of this article will help encourage companies to improve their own environmental governance capabilities and assume social responsibilities.It will also help improve the overall environmental level of society and the company’s awareness of the importance of environmental management.It also encourages companies to take the initiative to take environmental protection measures and promote sustainability in my country.Implementation of development strategies.