Empirical Research on the Quality of Environmental Accounting Information Disclosure based on SPSS

Abstract

In the era of big data, data is undergoing rapid expansion, determining future corporate development. Although many enterprises may not realize the hidden dangers of the explosive data growth, people will become increasingly aware of the importance of data to enterprises. Faced with excessive data, how to disclose accounting information is an issue worth studying. Survival and development of energy industry as a key emerging industry in the country are inextricably linked with natural resources and ecological environment. Appearance of environmental accounting can greatly alleviate a series of environmental problems caused by the development of energy industry. Disclosure of environmental accounting information is a must task to prevent and manage complex environmental problems in society. However, there are still many loopholes in the development of environmental accounting information disclosure in China: the government lacks targeted standards and regulations; companies face no mandatory system requirements for environmental information disclosure, lack the initiative to disclose relevant information, and the disclosure form and content also lack standardization. With the listed energy companies in Guangdong Province as the research objects, this paper selects 19 listed companies from CNINFO that meet the conditions of listing on the Shenzhen Stock Exchange or the Shanghai Stock Exchange with A-share stocks. The four-year data of 2015-2018 is taken as a sample size to analyze the status of environmental accounting information disclosure, the content and method of disclosure, and the quality of disclosure. SPSS is taken to perform descriptive analysis, multiple linear regression analysis and other empirical analysis on the data, and the analysis results are summarized. It can be seen from empirical analysis that the four factors including the proportion of tradable shares, the proportion of independent directors, ISO environmental certification and government environmental protection subsidies, have the most significant impact on the quality of environmental accounting information disclosure of listed energy companies in Guangdong. Where, government environmental protection subsidies have the greatest impact on enterprises’ environmental accounting information disclosure. Finally, referring to the experience of environmental accounting information disclosure in other countries, this paper believes that China should improve relevant regulations and standards for environmental accounting information disclosure, while strengthening internal and external supervision of enterprises to promote the development of environmental accounting, thereby contributing to the goal of socialism with Chinese characteristics: development of circular economy, development of resource economizing type, environment-friendly low-carbon economy and society.