Research On Influencing Factors Of Carbon Accounting Information Disclosure Quality Of Listed Companies

In the context of carbon peaking,carbon neutrality,and the 3060 targets opening a new low-carbon era,which triggered the enthusiasm for the whole society to build a lowcarbon economy,and began to pay attention to corporate carbon information and carbon accounting information disclosure.This article focuses on the issue of carbon accounting information disclosure in a low-carbon economy.It explores the factors that affect the disclosure of carbon accounting information by listed companies in China.This paper first analyzes the current situation of carbon accounting information disclosure of listed companies in China,and finds that there are still major problems in the disclosure of carbon accounting information of listed companies in China,such as inconsistent disclosure methods and confusing disclosure forms.This makes it difficult for information users to judge the carbon accounting information disclosed by companies.In this context,the article establishes a carbon accounting information disclosure quality evaluation system.Based on the current research results at home and abroad,the article collected statistics on the 2016-2019 situation of 1666 listed companies and formed 6,664 research samples.Then select different variables from the four perspectives of corporate governance,company financial status,government pressure,and media pressure,and analyze the factors affecting the quality of carbon accounting information disclosure of listed companies.The study results found that the current level of carbon accounting information disclosure of listed companies in China is generally low.With the promulgation of relevant policies,although the quality of carbon accounting information disclosure has risen in stages,but this improvement is short-term and unsustainable;In addition,there are apparent differences in the quality of carbon accounting information disclosed by listed companies in different industries and of different natures.The disclosure level of heavy-polluting industries is generally higher than that of non-heavypolluting industries;the carbon accounting disclosure level of state-owned holding companies is generally higher than that of non-state holding companies.The research results also show that among the corporate governance indicators,the company’s equity concentration and the proportion of independent directors are significantly positively correlated with the quality of carbon accounting information disclosure,while the activity of the board of directors has no significant relationship with the quality of carbon accounting information disclosure.This may be because the board of directors only cares about the company’s business issues and ignores the relationship between the company’s business activities and the environment.In the company’s financial status indicators,the company’s profitability and growth capacity are significantly positively correlated with the quality of carbon accounting information disclosure,while the company’s solvency is significantly negatively correlated with the quality of carbon accounting information disclosure.Government pressure and media pressure are positively related to carbon accounting information disclosure quality.Pressure from the government and the media will improve the quality of carbon accounting information disclosure to a certain extent.Finally,in order to help improve the quality of carbon accounting information disclosure and develop a low-carbon economy in China,based on empirical research,this article puts forward possible practical suggestions and countermeasures from the three aspects of the country,the public and the enterprise based on the research conclusions.