The Study Of CSR Disclosure On The Impact Of Financial Performance

The business has always been to maximize profits as its operating target, whichleads in the process of pursuing the economic interests, ignoring the interests of otherstakeholders, triggering a series of social and environmental problems. With the widerange of social responsibility social concerns, more and more companies began todisclose its social responsibility information. China’s listed companies to fulfill theirsocial responsibilities while increasing input, and also improve the level of corporatesocial responsibility information disclosure. Social responsibility informationdisclosure of the scope of voluntary information disclosure, the lack of relevant lawsand regulations to force magic beam, our companies in social responsibilityinformation disclosure level has shown a big difference. Some excellent asset quality,and outstanding financial results of companies are highlighting their competitiveadvantage through the voluntary information disclosure, in order to improve thequality of information disclosure, and enhance the confidence of investors in thecompany’s future growth. Listed companies to improve the level of socialresponsibility information disclosure what kind of impact on corporate financialperformance? This paper attempts to answer this question. Explore the corporatesocial responsibility information disclosure level of financial performance, canprovide a reference to improve the quality of social responsibility informationdisclosure and promote the value of the company growth. Research and socialresponsibility to disclose the impact on business performance, help to promotecorporate social responsibility information disclosure, but also help to promote theestablishment of China’s social responsibility information disclosure system, andultimately to promote corporate social responsibility.This paper corporate social responsibility information disclosure level and therelationship of the company’s financial performance as a research object, the firstinvolved the theory of the sort, and then introduces and analyzes the status of China’ssocial responsibility information disclosure, including the evaluation criteria of the corporate social responsibility and systems. The researchers starts in two ways: on theone hand, through the case to analyze the social responsibility on corporate financialperformance, short-term and long-term impact of the situation to verify that theenterprises do not fulfill their social responsibilities, both positive and negativeaspects of its social responsibility on financial performance, and social responsibilityto fulfill the implementation of good corporate social responsibility on financialperformance. On the other hand, the conclusion of the case studies as the basis forhypothesis, corporate social responsibility to verify the empirical data of listedcompanies to disclose the impact on financial performance. In this paper, RANKINSglobal responsibility rating agencies publish social responsibility score (MCT) tomeasure the level of corporate social responsibility disclosure impact on the financialperformance, by studying the MCT test the hypotheses. And then,analyzing theresults to improve the quality point of view of social responsibility informationdisclosure of relevant policy recommendations. Finally, the limitations of this study, adetailed summary and make the outlook for the future research.