Correlation Of Financial Subsidies And Social Performance Of Listed Agricultural Companies

Agriculture is a listed company on behalf of China’s advanced productive forcesof agriculture as the leading agricultural industrialization is to solve the contradictionbetween small farmers and big market, an important carrier to realize theindustrialization of agriculture. Based on this country has issued a series of preferentialagricultural policies to promote the development of agricultural listed companies, inorder to promote the development of agriculture in China. Themainbenefits ofagricultural policy of the state financial subsidies and tax incentivespackage. Asfinancial subsidies, the national agricultural listed companies to increase agriculturalsubsidies not only to see the economic performance of listed companies, but acomprehensive improve overall performance, this paper defines the overallperformance of social performance. This article in measuring social performance isborne by the agricultural listed companies on the responsibility of differentstakeholders to measure, in which parcels of shareholders, creditors, country,consumers, the public, etc. eight areas. However in recent years, with the increasegovernment spending on agricultural subsidies listed companies, the proportion ofagricultural listed companies is not only not declined, disproportionate relationshipbetween agriculture and the status of the national economy, and the quality is alsoworrying, the overall decline in operating results, the lack of competencies enable theagricultural sector to become a weak sector on China’s securities market, more andmore agricultural listed companies gradually fade agriculture. People continue toproduce quality exposure and focus on the ecological environment and sustainabledevelopment, social responsibility agricultural listed companies care is beingquestioned, making the interests of the agricultural interests of the Company andstakeholders continue to be violated. It seems that financial investment in this countrydid not achieve the desired results.Therefore, this article from the perspective of stakeholders, from agriculturallisted companies to bear the responsibility of different stakeholders, a comprehensivesystem to evaluate the performance of the agricultural community of listed companies,the key factors that affect agriculture dig social performance of listed companies, infavor of we grasp the future development trend of agricultural listed companies,looking for an effective way to improve the performance of the agricultural communityof listed companies, listed companies to promote sound and rapid agricultural development and achieve the grand goal of national agricultural industry.The main idea of this paper is to undertake agricultural listed companies fordifferent stakeholders, including shareholders, creditors, etc., including nationalstakeholders to measure corporate social responsibility performance, the use of factoranalysis of agricultural listed companies conducted social performance scoring, andthrough the establishment of the regression model to analyze the impact of taxsubsidies on agricultural policy of the state social performance of listed companies, inorder to determine whether the country’s fiscal and tax subsidies to achieve the desiredeffect. Unfortunately, after regression analysis model through the conclusion is that taxsubsidies to the agricultural social performance of listed companies is no significantcorrelation between the state of agriculture derived therefrom listed companies taxsubsidies are inefficient. And to draw conclusions on the basis of analysis of thereasons for the lack of efficiency, and it has made recommendations on taxation dayssubsidy policy.