A Study On The Relevance Between Social Responsibility Information Disclosure And Corporate Characteristics, Governance Structure Of Listed Corporate

With the rapid economic development, people has become increasingly concerned about the sustainable development of society, in the enjoyment of economic development has brought wealth and convenient. However, in recent years, with continuous exposure of'Sanlu milk powder incident'by the news media, serious mining accidents etc. occur frequently, such questions reflect the corporate sense of social responsibility initiatives is relatively indifferent. This has seriously affected the public's trust and identity of the company, thereby affecting the sustainable development of our economy. At the same time, The awareness of protect their right to information gradually increased in recent years, public concern about the relationship between business and society is growing.In the social and policy inspired, many companies have put social responsibility into practice and social responsibility have a positive disclosure of social responsibility report, until 2008 the situation of social responsibility information disclosure has a greater development. However, due to CSR-related laws and regulations are recently enacted to implement, sense of corporate social responsibility is relatively indifferent, In this context, doing research on the disclosure of corporate social responsibility is very important. Therefore, this article on the basis of previous studies, let the CSR disclosure by Listed Companies as the object of study, using content analysis, and gain self-set target rate, as a measure of the level of corporate social responsibility information disclosure indicators. Let Stakeholder Theory as the theoretical basis, do the research on the influence factor of social responsibility disclosure of Chinese listed companies, in two dimensions, features of the enterprise itself and the corporate governance.Through this research study intended to achieve the following purposes:1.Whether the performance of listed companies on the social responsibility, while in the pursuit of economic interests, whether the interests of Shareholders, creditors, consumers, workers, the environment, communities and society as a whole is taken seriously?2. In the public disclosure aspect, how is the status quo of the social responsibility disclosure of Chinese listed companies? How is the level of disclosure?3. What the motivation of Chinese listed companies is based on exactly for social responsibility information disclosure?This paper is divided into five chapters. Concrete structure is as follows: The first chapter is introduction. Introduce the topics of this paper background and significance of topics, and put forward the framework of this research, and the innovation of this dissertation.The second chapter is literature review. Literature review part of the review has summarized the results of research scholars, find of deficiencies, and discover the motive of this study. What's more provide a great reference value for the study below. Chapter III, IV, V is the main part of the article. First, Theoretical analysis state the hypothesis or hypotheses, and then study design and model. Last part is positive analysis. Using the methods of descriptive statistics, analysis of variance, correlation analysis and multiple regression analysis above, we get the relationships corporate social responsibility disclosure and corporate characteristics, the relevance of corporate governance.Finally, through the study above, we came to the conclusion as follows:1. The overall level of Corporate Social Responsibility information disclosure in China is relatively low. While under the influence of social and policy, social responsibility information disclosure in 2008 there was more large-scale development. However, as the "Guidelines" and other regulations about the disclosure don't make it clear that the degree of social responsibility information disclosure is still largely depended on the choice of enterprises. Therefore, the current corporate social responsibility information disclosure is still at the stage of mainly voluntary disclosure.2. The variables, describing the internal characteristics of company, as size, industry characteristics of the company, the company's profitability were significantly positively correlated with corporate social responsibility information disclosure. Shows that larger companies are more likely to bear more social responsibility and disclosure more social responsibility information. Polluting industries because the industry restrictions will spend more time concerned about the company's employees, host communities and environmental factors, disclose more social responsibility. A company has better business performance, profitability, has more powerful to undertake social responsibility, maintaining the relationship between the various stakeholders, to make a good image so as to promote long-term stable development of enterprises.3. Describe the variable about the structure of corporate governance, whether chairmen embrace general manager and ownership concentration two variables, was significantly positively correlated with corporate social responsibility information disclosure. This shows that when chairman as part-time general manager, chairman of the board failed to effectively supervise management level, so that the management level disclosure more information, and protect their good social image and reputation. Higher the degree of ownership concentration, the more the interests of shareholders and the company agreed, the more likely to disclose more social responsibility.Whether the percentage of independent directors and corporate had no significant effect of social responsibility information disclosure in state-owned enterprises. Descript that Independent Directors in the Board's oversight role does not fully constrained; our country of Directors of the governance structure is still not perfect. State-owned enterprises do not play a leading role in implementing the country's legal system and the introduction of relevant regulations. Through the analysis, the paper concludes with the following policies and proposals.1. Establish and improve the legal system of the social responsibility information disclosure to guide listed companies to disclose more and higher-quality social responsibility information.2.Establish effective supervision and motivation of corporate social responsibility information disclosure system to encourage listed companies to fulfill their social responsibility actively.3.Establish and strengthen the right protection consciousness of various stakeholders, promote corporate social responsibility information disclosure.4.Improving corporate governance, promote the social responsibility information disclosure effectively.