A Research On Corporate Social Resonsibility From The View Of Risk And Income

With economic development and social progress, as the social economic main cell, enterprises came out many problems such as environmental pollution, quality issues, labor protection and many other problems. These problems aroused concern research about corporate social responsibility issues and research while many companies are aware of the practice of corporate social activities for business development. However, what impact on corporate financial performance and internal and external driving force for enterprises doing corporate social responsibility activities need further research, especially in China's specific national conditions, state-owned enterprises and family businesses practice corporate social responsibility activities differences.Many scholars, doing research about corporate social responsibility practice positive impact on business mostly from domestic law, management, economics, theory and analysis of logical deduction for, there is little empirical perspective from research. Although foreign scholars began very early empirical research on corporate social responsibility means activities and the interaction between corporate financial performance studies, but due to different choose of samples and measurement methods, the results are different. In particular there are questions in China's financial and social environment, whether foreign research findings are also consistent with China's special conditions.In this paper, the internal logic laid the theoretical foundation of this article through literature review for the previous financial performance, corporate social responsibility and interactive relationship between researches. Then by a summary of the process used in previous empirical studies model and variable selection, this study established a model of financial markets from China's actual departure to the 2009 launch of the huge influx of social responsibility index for the sample stocks, selected 766 companies in Shanghai and Shenzhen to study the benefits of corporate social activities and business relations between corporate risk.The practice of corporate social responsibility activities cost nothing to do with the resources of production and business activities. But because of corporate social responsibility practices to win the trust of stakeholders, companies'abilities to fight against risks is better than others, performance on the financial performance for the financial benefits of the fluctuation. In addition, industry characteristics, the cost of corporate social responsibility practices are different; the conclusions of different sectors will be different.