Economic policy of environmental accounting information disclosure
| Project/Area Number |
14530052
|
|---|
| Research Category |
Grant-in-Aid for Scientific Research (C)
|
| Allocation Type | Single-year Grants |
|---|
| Section | 一般 |
|---|
| Research Field |
経済政策(含経済事情)
|
|---|
| Research Institution | Waseda University (2004)
Kobe University (2002-2003) |
|---|
Principal Investigator |
SUDA Kazuyuki Waseda University, Faculty of Commerce, Professor, 商学学術院・大学院・ファイナンス研究科, 教授 (00171273)
|
|---|
| Project Period (FY) |
2002 – 2004
|
| Project Status |
Completed (Fiscal Year 2004)
|
| Budget Amount *help |
¥2,900,000 (Direct Cost: ¥2,900,000)
Fiscal Year 2004: ¥700,000 (Direct Cost: ¥700,000)
Fiscal Year 2003: ¥900,000 (Direct Cost: ¥900,000)
Fiscal Year 2002: ¥1,300,000 (Direct Cost: ¥1,300,000)
|
|---|
| Keywords | environmental accounting / disclosure / environmental assts / environmental expense / environmental liabilities / securities investment decision / institutional accounting / environmental reports / 財務会計 / 株価効果 / 環境会計情報 / 実証研究 / ディスクロージャー制度 / 意思決定支援機能 / 証券投資家 / 環境会計ディスクロージャー |
|---|
| Research Abstract |
On the 14th year of Heisei, first, I researched the disclosure level of environmental accounting information among 5 to 18 nations and 6 industries in Japan. The results show that the disclosure level of environmental accounting information of Canadian firms is higher and that of Japanese firms is lower. Moreover, I find that the disclosure level of environmental accounting information of chemical and petrochemical industry firms is higher and that of motor industry firms is lower. Second, I studied the determinants of the disclosure level of environmental accounting information and find that the disclosure regulation, uncertainty of environmental liabilities, negotiation and lawsuit against environmental liabilities, and the paln of financing influence the firms' disclosure level of environmental accounting information.
On the 15th year of Heisei, I researched the usefulness of environmental accounting information to the decision of securities investment. I find the statistical significant relationship between the environmental accounting information and stock returns. Disclosure of environmental accounting information raises the usefulness of financial reporting. However, I also find the managers' strategic disclosure of environmental accounting information, especially about environmental liabilities.
On the 16th year of Heisei, I made the above research delicate and suggested that the Japanese accounting standards setting body should consider introducing the environmental accounting standards to Japan. There are many environmental accounting standards in the U.S. and the invertors use the information for their investment decision-making. We need in Japan to set the standard of recognition and measurement for environmental expense, environmental assts, and environmental liabilities.
|
Report
(4 results)
Research Products
(36 results)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
[Book] 会計制度改革の実証分析2004
Author(s)
須田一幸 編著
Total Pages
220
Publisher
同文舘出版
Description
「研究成果報告書概要(和文)」より
Related Report
-
-
-
-
-
-
