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Since the 1930s, Bailey and Dodd a polemic on corporate social responsibility, corporate social responsibility awareness gradually been widespread concern at home and abroad, the theory has been the development of the system. Corporate social responsibility as an important driving force to promote enterprise, the harmonious development of society and the environment, has been a high degree of attention and support of business, government and society. Abroad, large enterprises, multinational companies have established codes of conduct, social responsibility report, the requirements relating to social responsibility initiatives have introduced. Relevance of corporate social responsibility and financial performance, many scholars have conducted a lot of research. Since the 1990s, the impact of the Western concept of corporate social responsibility, corporate social responsibility has also become important issues in the theory and practice of community research, although in its infancy, but the awareness of corporate social responsibility in China is rising, many companies take the initiative released Social Responsibility Report and Sustainability Report, to fulfill their social responsibilities. The proactive disclosure behavior is the practical significance of the relationship between corporate social responsibility and financial performance. First, on the subject of the article \Secondly, to clarify the theoretical basis of this article, the stakeholder theory and corporate social responsibility theory. Then define corporate social responsibility from the perspective of diverse capital, constitute the theoretical basis of the research in this article. Finally, the use of empirical research methods, based on the research data, build corporate social responsibility affect the evaluation of the factors and the economic consequences of the model, select from the power, chemical, construction, coal mining, food and beverage, oil and natural gas, smelting, paper and other industries a total of 126 listed companies in the sample for the study put forward a hypothesis, based on the financial data in the annual reports of the sample companies use to design a theoretical model, correlation analysis of influencing factors, and the economic consequences of the disclosure of corporate social responsibility and regression testing. Through empirical research shows that social responsibility disclosure influencing factors in the use of total return on assets and return on net assets to measure financial performance, financial performance significantly better financial performance the higher the level of social responsibility disclosure. Firm size variable and Industry also affects the disclosure of social responsibility. Social responsibility disclosure level of financial performance of late, there are also positive effects. Finally, this paper put forward based on the study results.
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