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

• Project/Area Number: 23653116
• Research Category: Grant-in-Aid for Challenging Exploratory Research
• Allocation Type: Multi-year Fund
• Research Field: Accounting
• Research Institution: Tokyo City University
• Principal Investigator: NODA Akihiro 東京都市大学, 環境学部, 講師 (40350235)
• Co-Investigator(Kenkyū-buntansha): SAKA Chika 関西学院大学, 商学部, 教授 (10309403)
• Project Period (FY): 2011 – 2013
• Project Status: Completed (Fiscal Year 2013)
• Budget Amount: ¥3,120,000 (Direct Cost: ¥2,400,000、Indirect Cost: ¥720,000); Fiscal Year 2013: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000); Fiscal Year 2012: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000); Fiscal Year 2011: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
• Keywords: 財務会計 / 環境負債 / 会計学 / 環境会計 / 会計報告 / 企業ガバナンス / 情報開示

Research Abstract

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.

Research Products

• [Journal Article] 環境負債認識におけるコミットメントの機能-推定的債務認識の分析- (2013)
  • Author(s): 野田 昭宏
  • Journal Title: 社会関連会計研究 Volume: 25号 Pages: 45-61
  • NAID: 40021274045
  • Peer Reviewed
• [Journal Article] 環境情報開示と社会的評価-定量的な環境開会研究の展開- (2013)
  • Author(s): 大西 靖, 野田 昭宏
  • Journal Title: 社会関連会計研究 Volume: 25号 Pages: 1-11
  • Peer Reviewed
• [Journal Article] 環境負債開示の動学分析 : レプリケータ・ダイナミクスによる自発的情報開示の安定性解析 (2013)
  • Author(s): 野田 昭宏
  • Journal Title: 経営ディスクロージャー研究 Volume: 12号 Pages: 1-18
  • NAID: 40020169566
  • Peer Reviewed
• [Journal Article] 「環境負債開示の動学分析：レプリケータ・ダイナミクスによる自発的情報開示の安定性解析」 (2013)
  • Author(s): 野田昭宏
  • Journal Title: 『年報 経営ディスクロージャー研究』 Volume: 12 Pages: 1-18
  • NAID: 40020169566
  • Peer Reviewed
• [Journal Article] 「環境負債認識におけるコミットメントの機能－推定的債務認識の分析－」 (2013)
  • Author(s): 野田昭宏
  • Journal Title: 『社会関連会計研究』 Volume: 25 Pages: 45-61
  • NAID: 40021274045
  • Peer Reviewed
• [Journal Article] 「環境情報開示と社会的評価－定量的な環境会計の展開－」 (2013)
  • Author(s): 大西 靖，野田昭宏
  • Journal Title: 『社会関連会計研究』 Volume: 25 Pages: 1-12
  • Peer Reviewed
• [Journal Article] 社会環境会計による正統性の管理 (2012)
  • Author(s): 大西 靖, 野田 昭宏
  • Journal Title: 社会関連会計研究 Volume: 24号 Pages: 1-11
  • Peer Reviewed
• [Journal Article] 環境負債の自発的開示 : 企業の環境情報開示に対する規制の影響 (2012)
  • Author(s): 野田 昭宏
  • Journal Title: 社会関連会計研究 Volume: 24号 Pages: 95-111
  • NAID: 40021273675
  • Peer Reviewed
• [Journal Article] 土壌汚染浄化活動を支援する会計・マネジメントツール (2012)
  • Author(s): 阪智香
  • Journal Title: 商学論究 Volume: 第60巻
• [Journal Article] 環境負債の自発的開示：企業の環境情報開示に対する規制の影響 (2012)
  • Author(s): 野田昭宏
  • Journal Title: 社会関連会計研究 Volume: 第24号 Pages: 95-111
  • NAID: 40021273675
  • Peer Reviewed
• [Journal Article] 環境会計情報の環境コスト分担に及ぼす効果-インセンティブ設計からの基礎的考察- (2011)
  • Author(s): 野田 昭宏
  • Journal Title: 社会関連会計研究 Volume: 23号 Pages: 51-69
  • Peer Reviewed
• [Journal Article] 資産除去債務会計が環境コストに及ぼす影響 (2011)
  • Author(s): 野田 昭宏
  • Journal Title: 環境経済・政策研究 Volume: 4巻2号 Pages: 1-11
  • NAID: 130007993945
  • Peer Reviewed
• [Journal Article] 環境会計情報の環境コスト分担に及ぼす影響－インセンティブ設計からの基礎的考察 (2011)
  • Author(s): 野田 昭宏
  • Journal Title: 社会関連会計研究 Volume: 23 Pages: 51-69
  • Peer Reviewed
• [Journal Article] CO２排出量の株価説明力と情報開示の影響 (2011)
  • Author(s): 阪智香・大鹿智基
  • Journal Title: 会計プログレス Volume: 12号 Pages: 1-12
  • NAID: 130008083263
  • Peer Reviewed
• [Journal Article] 排出量取引制度参加等と企業価値 (2011)
  • Author(s): 阪智香・大鹿智基
  • Journal Title: 會計 Volume: 180巻4号 Pages: 121-135
  • NAID: 40018989779
• [Presentation] The impact of stakeholders on CSR disclosure : evidence from Japan (2014)
  • Author(s): Noda, Akihiro, Saka, Chika
  • Organizer: European Accounting Association
  • Place of Presentation: Tallinn(Estonia)
  • Year and Date: 2014-05-23
• [Presentation] "The impact of stakeholders on CSR disclosure: evidence from Japan " (2014)
  • Author(s): Noda, A., Saka, C.
  • Organizer: European Accounting Association Annual Congress 2014
  • Place of Presentation: Tallinn (Estonia)
• [Presentation] CSR ディスクロージャーにおけるステイクホルダーの影響分析-同時方程式アプローチ- (2013)
  • Author(s): 野田 昭宏, 阪 智香
  • Organizer: 日本社会関連会計学会第26回全国大会
  • Place of Presentation: 獨協大学
  • Year and Date: 2013-11-09
• [Presentation] CSR ディスクロージャーにおけるステイクホルダーの影響分析 (2013)
  • Author(s): 阪 智香, 野田 昭宏
  • Organizer: 日本会計研究学会第72回大会
  • Place of Presentation: 中部大学
  • Year and Date: 2013-09-06
• [Presentation] 環境負債開示の動学分析 : レプリケータ・ダイナミクスによる自発的情報開示の安定性解析 (2013)
  • Author(s): 野田 昭宏
  • Organizer: 日本会計研究学会第72回大会
  • Place of Presentation: 中部大学
  • Year and Date: 2013-09-05
• [Presentation] 社会環境情報開示における定量的研究の展開 (2013)
  • Author(s): 大西 靖, 野田 昭宏
  • Organizer: 日本会計研究学会第72回大会
  • Place of Presentation: 中部大学
  • Year and Date: 2013-09-05
• [Presentation] The effects of stakeholders on CSR disclosure : evidence from Japan (2013)
  • Author(s): Saka, Chika, Noda, Akihiro
  • Organizer: American Accounting Association
  • Place of Presentation: Anaheim (USA)
  • Year and Date: 2013-08-06
• [Presentation] The effects of stakeholders on CSR disclosure : evidence from Japan (2013)
  • Author(s): Saka, Chika, Noda, Akihiro
  • Organizer: The Seventh Asia Pacific Interdisciplinary Research in Accounting Conference
  • Place of Presentation: 神戸大学
  • Year and Date: 2013-07-27
• [Presentation] The effects of stakeholders on CSR disclosure : evidence from Japan (2013)
  • Author(s): Saka, Chika, Noda, Akihiro
  • Organizer: International Association for Accounting Education and Research 2013 Conference
  • Place of Presentation: Bucharest (Romania)
  • Year and Date: 2013-06-13
• [Presentation] The effects of stakeholders on CSR disclosure : evidence from Japan (2013)
  • Author(s): Noda, Akihiro, Saka, Chika
  • Organizer: European Accounting Association 36th Annual Congress
  • Place of Presentation: Paris(France)
  • Year and Date: 2013-05-08
• [Presentation] The effects of stakeholders on CSR disclosure : evidence from Japan (2013)
  • Author(s): Noda, Akihiro, Saka, Chika
  • Organizer: Centre for Social & Environmental Accounting Research 2nd France Congress
  • Place of Presentation: Montpellier (France)
  • Year and Date: 2013-05-03
• [Presentation] The Value Relevance of Asset Retirement Obligations : Evidence from Japan (2013)
  • Author(s): Saka, Chika, Noda, Akihiro
  • Organizer: International Association for Accounting Education and Research 2013 International Accounting Conference
  • Place of Presentation: Frankfurt(Germany)
• [Presentation] “The Effects of Stakeholders on CSR Disclosure: Evidence from Japan ” (2013)
  • Author(s): Noda, A., Saka, C.
  • Organizer: The 2nd CSEAR France Congress
  • Place of Presentation: Universite Montpellier 1, ISEM (France)
• [Presentation] “The Effects of Stakeholders on CSR Disclosure: Evidence from Japan ” (2013)
  • Author(s): Noda, A., Saka, C.
  • Organizer: European Accounting Association, 36th Annual Congress
  • Place of Presentation: Dauphine University, Paris (France)
• [Presentation] “The Effects of Stakeholders on CSR Disclosure: Evidence from Japan ” (2013)
  • Author(s): Saka, C., Noda, A.
  • Organizer: International Association for Accounting Education and Research 2013 Conference
  • Place of Presentation: Bucharest University of Economic Studies (Romania)
• [Presentation] “The Effects of Stakeholders on CSR Disclosure: Evidence from Japan ” (2013)
  • Author(s): Saka, C., Noda, A.
  • Organizer: The Seventh Asia Pacific Interdisciplinary Research in Accounting Conference
  • Place of Presentation: Kobe (Japan)
• [Presentation] “The Effects of Stakeholders on CSR Disclosure: Evidence from Japan ” (2013)
  • Author(s): Saka, C., Noda, A
  • Organizer: American Accounting Association, Annual Meeting 2013
  • Place of Presentation: Anaheim, California (USA)
• [Presentation] 「社会環境情報開示における定量的研究の展開」 (2013)
  • Author(s): 大西 靖，野田昭宏
  • Organizer: 日本会計研究学会第72回大会
  • Place of Presentation: 中部大学 （春日井市）
• [Presentation] 「ＣＳＲディスクロージャーの実態と要因－ステイクホルダーの影響分析－」 (2013)
  • Author(s): 阪 智香，野田昭宏
  • Organizer: 日本会計研究学会第72回大会
  • Place of Presentation: 中部大学 （春日井市）
• [Presentation] 「環境負債開示の動学分析：レプリケータ・ダイナミクスによる自発的情報開示の安定性解析」 (2013)
  • Author(s): 野田昭宏
  • Organizer: 日本会計研究学会第72回大会
  • Place of Presentation: 中部大学 （春日井市）
• [Presentation] 「CSR ディスクロージャーにおけるステイクホルダー の影響分析－同時方程式アプローチ－」 (2013)
  • Author(s): 野田昭宏，阪 智香
  • Organizer: 日本社会関連会計学会第26回全国大会
  • Place of Presentation: 獨協大学（草加市）
• [Presentation] The Value Relevance of Asset Retirement Obligations: Evidence from Japan (2013)
  • Author(s): NODA, A., and SAKA, C.
  • Organizer: International Association for Accounting Education & Research Conference
  • Place of Presentation: Frankfurt, Germany
• [Presentation] The Value Relevance of Asset Retirement Obligations : Evidence from Japan, Taiwan Accounting Association (2012)
  • Author(s): Noda, Akihiro, Saka, Chika
  • Organizer: 2012 Accounting Theory and Practice Conference
  • Place of Presentation: National Taiwan University(Taiwan)
  • Year and Date: 2012-12-04
• [Presentation] 資産除去債務会計基準適用初年度の影響分析 (2012)
  • Author(s): 野田 昭宏, 阪 智香
  • Organizer: 日本社会関連会計学会全国大会
  • Place of Presentation: 大阪市立大学
  • Year and Date: 2012-11-10
• [Presentation] The Value Relevance of the Recognition of Soil Re-mediation Costs and Liabilities : Evidence from Japan (2012)
  • Author(s): Saka, Chika, Noda, Akihiro , Kokubu, Katsuhiko
  • Organizer: American Accounting Association Annual Meeting
  • Place of Presentation: Washington, D.C. (USA)
• [Presentation] The Value Relevance of the Recognition of Soil Re-mediation Costs and Liabilities : Evidence from Japan (2012)
  • Author(s): Saka, Chika , Noda, Akihiro , Kokubu, Katsuhiko
  • Organizer: Korean Accounting Association Annual Conference
  • Place of Presentation: SOL beach resort(Korea)
• [Presentation] The Value Relevance of the Recognition of Soil Remediation Costs and Liabilities : Evidence from Japan (2012)
  • Author(s): Saka, Chika, Noda, Akihiro, Kokubu, Katsuhiko
  • Organizer: European Accounting Association 35th Annual Congress
  • Place of Presentation: Ljubljana (Slovenia)
• [Presentation] The value relevance of the recognition of soil remediation costs and liabilities: evidence from Japan (2012)
  • Author(s): SAKA, C., Noda, A., and Kokubu, K.
  • Organizer: European Accounting Association
  • Place of Presentation: Ljubriana University, Slovenia
• [Presentation] The value relevance of the recognition of soil remediation costs and liabilities: evidence from Japan (2012)
  • Author(s): SAKA, C., Noda, A., and Kokubu, K.
  • Organizer: Korean Accounting Association Annual Conference
  • Place of Presentation: Yung-Yung, Korea
• [Presentation] The value relevance of the recognition of soil remediation costs and liabilities: evidence from Japan (2012)
  • Author(s): SAKA, C., Noda, A., and Kokubu, K.
  • Organizer: American Accounting Association
  • Place of Presentation: Washington, D.C., U.S.
• [Presentation] The Value Relevance of Asset Retirement Obligations: Evidence from Japan (2012)
  • Author(s): NODA, A., and SAKA, C.
  • Organizer: Taiwan Accounting Association
  • Place of Presentation: National Taiwan University, Taiwan
• [Presentation] 土壌浄化負債・費用計上の株価への影響 (2012)
  • Author(s): 阪智香・野田昭宏・國部克彦
  • Organizer: 日本社会関連会計学会西日本部会
  • Place of Presentation: 九州大学
• [Presentation] 環境負債の自発的開示：企業の環境情報開示に対する規制の影響 (2012)
  • Author(s): 野田昭宏
  • Organizer: 日本会計研究学会全国大会
  • Place of Presentation: 一橋大学
• [Presentation] 資産除去債務の価値関連性と環境汚染情報開示企業適用実態 (2012)
  • Author(s): 阪智香・野田昭宏
  • Organizer: 日本会計研究学会全国大会
  • Place of Presentation: 一橋大学
• [Presentation] 資産除去債務会計基準適用初年度の影響分析 (2012)
  • Author(s): 野田昭宏・阪智香
  • Organizer: 日本社会関連会計研究学会全国大会
  • Place of Presentation: 大阪市立大学
• [Presentation] CSR情報開示の分析 (2012)
  • Author(s): 阪智香
  • Organizer: 日本社会関連会計研究学会全国大会
  • Place of Presentation: 大阪市立大学
• [Presentation] 階層的契約過程における環境コスト分担 (2011)
  • Author(s): 野田 昭宏
  • Organizer: 環境経済・政策学会2011年大会
  • Place of Presentation: 長崎大学
• [Presentation] 階層的契約過程における環境コスト分担 (2011)
  • Author(s): 野田 昭宏
  • Organizer: 環境経済政策学会
  • Place of Presentation: 長崎大学
• [Presentation] Market Valuation of Corporate CO₂ Emissions and Disclosure of CO₂ Information in Japan (2011)
  • Author(s): Saka, C. and T. Oshika
  • Organizer: International Symposium on Environmental Accounting and Supply Chain
  • Place of Presentation: 神戸大学
• [Presentation] Market Valuation of Corporate CO₂ Emissions and Disclosure of CO₂ Information in Japan (2011)
  • Author(s): Saka, C. and T. Oshika
  • Organizer: American Accounting Association 2011 Annual Conference
  • Place of Presentation: アメリカ、デンバー
• [Book] 「資産除去債務会計基準適用初年度の開示実態」國部克彦編著『社会環境情報ディスクロージャーの展開』第５章 (2013)
  • Author(s): 阪智香
  • Total Pages: 23
  • Publisher: 中央経済社
• [Book] 第6章 土壌浄化負債・費用計上の株価への影響」國部克彦編著『社会環境情報ディスクロージャーの展開』 (2013)
  • Author(s): 阪智香・野田昭宏
  • Total Pages: 21
  • Publisher: 中央経済社
• [Book] 環境経営イノベーション6 社会環境情報ディスクロージャーの展開 (2012)
  • Author(s): 阪 智香, 野田 昭宏
  • Publisher: 中央経済社
• [Remarks] Saka, Chika, Noda, Akihiro , Kokubu, Katsuhiko, The value relevance of the recognition of soil remediation costs and liabilities: evidence from Japan
  • URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2012903
• [Remarks] Saka, Chika, Noda, Akihiro, The effects of stakeholders on CSR disclosure: evidence from Japan
  • URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2239469
• [Remarks] Value Relevance of Remediation Costs
  • URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2012903
• [Remarks] The Effects of Stakeholders on CSR Disclosure
  • URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2239469
• [Remarks] The Effects of Stakeholders on CSR Disclosure
  • URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2239469
• [Remarks] Social Science Research Network:
  • URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2012903