党的十九大报告明确指出，企业发展要注重安全生产，树立安全发展理念，完善安全生产责任制。这意味着企业在发展过程中不能片面追求利益最大化，理应肩负起更多安全责任，而安全会计信息作为政府和社会公众了解企业安全生产状况的窗口，其披露质量已成为当前的研究重点。企业积极主动披露安全会计信息，提高安全会计信息披露质量就是勇于承担安全责任的表现，可以树立企业良好形象，吸引更多投资者，也能提升企业社会声誉，最终影响企业价值。因此，在煤炭行业安全生产问题备受瞩目的环境下，探究煤炭企业安全会计信息披露质量对企业价值产生的影响显得尤为重要。

本文以冀中能源为例，首先对所涉及的相关概念及理论展开介绍并阐述在文章中的合理运用。其次，采用内容分析法构建煤炭行业安全会计信息披露质量评价体系，并应用在案例企业中，以此得出冀中能源2015-2020年各期间的披露质量分值。再次，通过自由现金流量贴现模型进行估值并分析冀中能源安全会计信息披露质量对企业价值的具体影响。研究发现：（1）煤炭行业安全会计信息披露模式主要有6种，董事会报告和财务报告及附注的披露模式使用较多，而招股说明书和重大事项内部报告的使用频率较小；披露内容方面，强制性披露质量较高，而自愿性披露的主动性较差。（2）冀中能源在2015-2020年间的披露模式情况与煤炭行业现状如出一辙；披露内容方面，定性披露占比高于定量披露，强制性信息披露质量优于自愿性信息披露；存在披露主动性差、披露质量不高、披露的负面信息缺失等问题，内部原因是缺乏高素质的安全会计人才、安全责任意识匮乏，外部原因则是公众安全监管意识不够、缺少外部审计。（3）冀中能源安全会计信息披露质量与企业价值整体正相关，企业安全会计信息披露的质量越高会使营业成本、财务费用、所得税费用、经营流动负债降低，而营业收入、固定资产、无形资产、商誉、长期待摊费用则会增加，最终影响企业价值的变化。基于以上研究，本文从社会、政府和企业三个角度提出对策建议，促进冀中能源提高其安全会计信息披露质量从而增加企业价值，也为煤炭行业其他企业提供相关参考和借鉴。

The report to the 19th National Congress of the CPC clearly pointed out that enterprises should pay attention to production safety, establish the concept of safe development, and improve the responsibility system for production safety.This means that enterprises in the process of development, they should not unilaterally pursue profit maximization, should shoulder more safety responsibilities, and safety accounting information as the government and the public to understand the enterprise safety production status window, its disclosure quality has become the focus of current research.Enterprises actively disclose safety accounting information, improve the quality of safety accounting information disclosure is the performance of the courage to assume safety responsibility, can establish a good corporate image, attract more investors, but also improve the social reputation of the enterprise, and ultimately affect the value of the enterprise.Therefore, in the coal industry safety production issues under the environment of concern, it is particularly important to explore the impact of the quality of safety accounting information disclosure on the value of coal enterprises.

Taking Jizhong Energy as an example, this paper first introduced the relevant concepts and theories involved and expounded the reasonable application in the article.Secondly, the content analysis method was used to construct the quality evaluation system of safety accounting information disclosure in the coal industry, and applied it in the case enterprises, so as to obtain the disclosure quality score of Jizhong Energy during each period from 2015-2020.Thirdly, the free cash flow discount model was valued and the specific impact of the quality of safety accounting information disclosure on the enterprise value was analyzed.The research found that: (1)There were 6 main kinds of safety accounting information disclosure mode in coal industry, and the disclosure mode of board report, financial report and notes was widely used, while the prospectus and internal report of major matters were used less; In terms of disclosure content, while the quality of mandatory disclosure was high, the initiative of voluntary disclosure was poor. (2)The disclosure mode of Jizhong Energy from 2015-2020 was exactly the current situation of the coal industry; In terms of disclosure content, qualitative disclosure was higher than quantitative disclosure, mandatory information disclosure was better than voluntary information disclosure; Poor disclosure initiative, low disclosure quality and missing negative information, internal reasons were lack of high-quality safety accounting talents and safety responsibility awareness; External reasons were insufficient public safety supervision awareness and external audit. (3)Jizhong Energy security accounting information disclosure quality was correlated to the value of the enterprise as a whole, the higher the quality of enterprise security accounting information disclosure would make the operating costs, financial expenses, income tax, operating current liabilities, and operating income, fixed assets, intangible assets, goodwill, long-term deferred expenses would increase, eventually affected the change of enterprise value.Based on the above research, this paper puts forward countermeasures and suggestions from the perspectives of society, government and enterprises to promote Jizhong Energy to improve its safety accounting information disclosure quality and increase the value of the enterprise, and also provide relevant reference for other enterprises in the coal industry.

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