The Food Industry The Study Of The Relationship Between Social Responsibility And Financial Performance Of Listed Companies

In recent years, the media exposure of food safety accidents common occurance,such as SanLu milk, Shuanghui, Mengniu milk and other major food events, such asfood and pollution, illegal add non-food material, abuse of the phenomenon of the foodadditive, caused the consumer to the current food safety problems of lack of confidence,more from another reflected at present partial food enterprise society responsibility, thelack time the social responsibility of the enterprise by the people’s extensive concern,enterprise society responsibility, the implementation of the financial performance of theinfluence of many scholars were also studied. A view to corporate social responsibilitywill be extra consumption enterprise of its resources, increase enterprise operation cost,the financial performance of the enterprise produces the effect of inhibition; Anotherview is contrary to, think to corporate social responsibility will improve enterprise’spopularity, expanded enterprise in effect in the consumer market, and attract moretalents, so as to improve the enterprise’s financial performance, the strengthenedenterprise market competitiveness. In this paper it is to clarify the enterprise socialresponsibility and the enterprise financial performance of the relationship between, andto guide the enterprise better to social responsibility.This paper introduced the research in the background and research significanceafter, first proposed this research attempts to solve problems, namely to corporate socialresponsibility can affect the enterprise financial management state, and then from thestakeholder theory and social contract theory of social responsibility of the enterprise isintroduced to analyze the theoretical connotation, on the basis of the socialresponsibility of the enterprise and the financial performance of the relationship oftheory analysis. In order to find out the correlation between the two, this paper used theempirical research way to study. In the course of the study, use of social contract theoryof social responsibility of the enterprise will be defined to each stakeholder followed bythe contract, put forward the corresponding research hypotheses, set up the evaluationindex, the selection of the listed company of Chinese food industry data analysis,through the descriptive statistics, the correlation analysis and regression analysis, drawthe corresponding research conclusion, and relative policy suggestions are given.