The Research On Development Of Corporate Social Report In China

Firstly, the author makes a simple summary of the corporate social responsibility theory and the legitimacy theory, then makes a simple descriptive analysis towards the corporate social reports(CSRs) released before 2008, which is concluded as follows: (1) The more sensitive to the environment, the more inclined to release CSRs. (2) The state-owned companies are the backbones of the releasing procession. (3) As considering the listed sites, those listed in Shenzhen Security Exchange is more inclined than those listed in Shanghai Security Exchange to release the CSRs.Secondly, the author makes a detailed analysis towards the new released CSRs in 2008 and finds that: in addition to the sensitivity to the environment is like the year before 2008, the new CSRs are more obviously charactered: (1) The backbones of the releasing procession is not the state-owned companies. There are more and more non-state-owned companies release the CSRs. (2) As considering the location, it is found that most released companies locate in southeast of China, especially in Fujian Province. (3) As a whole, quality of the new CSRs is low in balance and reliability, limited in comparison and relatively good in clarity.Thirdly, the author makes a comparison between China Petroleum' and BP' CSRs, and futherly it is proved the above evaluation: The new CSRs in China is low in balance and reliability.According to the above analysis and evaluation, the author gives some constructive suggestions from the CSRs' preparers, the user and the regulator.