Research On The Determinants Of Social Responsibility Information Disclosure Quality

In the20th century, the theory of social responsibility was proposed by western scholars. Research on social responsibility has been the subject of attention from the theory and practice. And with the gradual improvement in public responsibility consciousness, corporate social responsibility information supply and demand also increased rapidly, and thus raised the research upsurge of social responsibility information disclosure. In this process, the main factors affecting corporate social responsibility information disclosure quality is always the important problem of corporate social responsibility information disclosure. With the development of social responsibility information disclosure system of continuous improvement, China’s enterprises to publish social responsibility information gradually from the simple narrative mode of the traditional financial report, for the development of intermediate narrative mode of independent social responsibility reports. Corporate social responsibility report focuses specifically reflect the corporate social responsibility, and to become the main object of study of social responsibility information disclosure. And also mandatory policies marks the company’s social responsibility report behavior differences between the mandatory disclosure and voluntary disclosure of. In essence, mandatory disclosure more reflects the will of the government, and voluntary disclosure behavior can better reflect the present stage our country enterprise awareness of independent social responsibility, the natural monopoly characteristics and can overcome the mandatory disclosure.Therefore, factors of enterprise from voluntary disclosure from the angle of social responsibility report of social responsibility information disclosure quality, help to understand the disclosure of corporate social responsibility information of deep motivation and strategy behavior, and regulatory policies and for the government to make reasonable, improve the corporate governance structure and investor information decision-making and provide a theoretical basis and empirical evidence. This paper selects2010and2011voluntary disclosure of social responsibility report of the A shares of listing Corporation as research sample,Using empirical research method, starting from the basic concept of the object of study and the basic theory, systematically reviews and summarizes the domestic and foreign scholars on the basis of social responsibility information disclosure quality influence factors, and analyze the influence of voluntary information disclosure of social responsibility of enterprises the main factors and influence mechanism; According to the mandatory disclosure policies, to analyze the present situation of2008-2011the voluntary disclosure of Social Responsibility Report; And using RLCCW as the measure of quality of corporate social responsibility information disclosure, the construction of social responsibility information disclosure model for the study of the factors influencing quality of control system, in the premise of environment, empirical test of character and governance disclosure quality influences on corporate social responsibility information.Through theoretical analysis and empirical test, results show that:(1) Despite the increasing trend in the quality of social responsibility information disclosure of listing Corporation, but the overall quality is not high, it is difficult to satisfactory.(2) Quality information of social responsibility of large corporate voluntary disclosure was significantly higher than that in other companies, financial leverage coefficient is high, the quality of social responsibility information disclosure of the company lower.(3) The board size, independent director ratio, the two vocational, the size of the board of supervisors, ownership concentration and corporate voluntary disclosure of social responsibility information quality is significantly positively related to. The nature of enterprise and corporate voluntary disclosure of social responsibility information quality is significantly Marginal negative correlation.