The Board Of Directors Characteristics And Social Responsibility Of The Enterprise To The Influence Of Financial Performance

The21st century, with the rapid economic development and the social progress,the listed company’ social responsibility has been more and more received attention ofthe theory and the practice. Especially caused such as food safety, labor safetyprotection and other social problems, and to promote the social responsibility of theenterprise in China are becoming public attention. Enterprise only perform full socialobligation to bring the financial performance improvement. The board of directors asthe core of company governance mechanism, is one of important decision-making andsupervision institutions, to the enterprise’s financial performance has an important role.This paper takes listed companies as the research object, by empirical analysis method,the characteristics of board of directors and corporate social responsibility what effecton financial performance.Combining with the actual situation in our country, the national contribution,investors contribution, employees and public contribution measure the socialresponsibility of the enterprise, taking the size of the board, the proportion of theindependent directors, the chairman and general manager, salary and directorsmeeting, set up a committee of the board to measure the board ofdirectors’characteristics and the TOBINS ’Q as financial performance index; Select2009-2010in Shenzhen and Shanghai non-financial listed companies as object ofstudy, the statistical software SPASS to the board of directors’ characteristics and thesocial responsibility of the enterprise to the influence of the financial performance ofempirical test; Finally, this paper according to the results, on how to improve the ourcountry business enterprise of corporate governance structure, promote China’s listedcompanies actively to social responsibility and improve financial performance putsforward suggestions.This paper is based on the basis of predecessors’ the limited empirical research,there are many shortcomings. This paper is the innovation of the combination of theboard of directors and the social responsibility of the enterprise to impact on thefinancial performance.