Empirical Study for Influencing Factors on Environmental Accounting Information Disclosure in Chemical Industry

Abstract

In the cyclic and low-carbon economic environment, it is of great significance for the sustainable development of the whole society to strengthen the study for environmental accounting (EA) information disclosure. Now, the number of enterprises for EA information disclosure among Chinese chemical enterprises presents the continuously increasing trend, But, as a whole, the enterprises have lower EA information disclosure level, and the large gap still exists between these enterprises in terms of EA information disclosure level. By the empirical analysis of multiple linear regression (MLR), it can be found that the enterprise size, Rate of Return on Common Stockholders’ Equity, debt level, state-owned holding nature of the enterprise have positive correlation with EC information disclosure level. The proportion of independent directors in enterprise and EC information disclosure have positive correlation, but without passing the test of significance, mainly because of the incomplete system of independent directors in China.