A study of determinant factors of environmental liabilities disclosure in financial reporting

我们探讨了企业财务报告对环境责任的激励。我们分析了环境责任披露的决定因素。我们确立了企业环境责任披露是在环境机构对负有环境义务的企业施加诉讼风险的环境中发展起来的。此外，我们发现环境负债的确认标准受到债务契约中企业承诺策略的影响。我们还发现，环境负债的会计监管会影响与环境管理相关的管理激励，并增加企业的环境污染。

We explore corporate financial reporting incentives for environmental liabilities. We analytically examine the determinants of environmental liabilities disclosure. We establish that corporate environmental liabilities disclosure is evolved in an environment that environmental agencies impose litigation risk on firms with environmental obligations. Further, we find recognition criteria of environmental liabilities is affected by corporate commitment strategy in debt contracts. We also show that accounting regulation about environmental liabilities affects managerial incentives related to environmental management and increases corporate environmental contamination.