2013 Fiscal Year Final Research Report
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
|
| Keywords | 財務会計 / 環境負債 |
|---|
| 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.
|
