Study On The Correlation Of Social Responsibility Accounting Information And Enterprise Performance

With the rapid development of economy, the social problems caused by the enterprise management is increasing, such as selling counterfeit goods, the rubbish oil, serious environmental pollution and life-threatening medical security problems. Because of these problems happen, the enterprise’s stakeholders require that the enterprises fulfill the social responsibility actively and make the public know the truth ahout its fulfillment. However, the enterprises regard the profit maximization as the goal. The performance of the social responsibilities will pay a certain cost, increase the enterprise burden and reduce their profits. So most of the enterprises are not willing to actively fulfill the social responsibility and more reluctant to disclose its accounting information about the social responsibility. From the point of long-term development, the implementation of enterprise social responsibility and social responsibility accounting information disclosure will have far-reaching influence on it. Therefore the enterprise focus on making the balance of the social responsibility and maximizing their performance. The enterprise social responsibility accounting information and the enterprise performance correlation problem is worth studying.The article is based on social responsibility, the triple bottom line and stakeholders and other related concepts and theories. Through summarizing and analyzing the scholars views on the correlation between the social responsibility accounting information and enterprise performance, the article divides the social responsibility accounting information into six parts. It contains the contribution to the shareholders, creditors, suppliers, employees, government and society. The enterprise performance contains profit ability, operating ability and development ability. The article chooses the enterprises which are listed on the ShangHai and ShenZhen stock exchanges from2010to2012and independently release social responsibility report as research samples. The three aspects of enterprise performance are choosed as explained variables. The six aspects of social responsibility accounting information are choosed as explanatory variables. Then using statistical software SPSS describes the statistics and do the correlation analysis and regression analysis. Empirical study results show that:in the corporate social responsibility accounting information, the social responsibility of the enterprise to shareholders, creditors and suppliers contribute positively related to the enterprise performance. The social responsibility of the contribution to society is positively correlation to the enterprise’s profit ability and management ability. The social responsibility of the enterprise to employees and government is not positively related to the enterprise performance. From the empirical analysis, it can be seen that although the regression coefficient is negative, but failed to pass inspection. The regression coefficient of social responsibility of the contribution to and enterprise development ability is positive, also failed to take a test. So the relationship between enterprise performance and the social responsibility to employees and government needs further study. Finally, based on the results of the study the article put forward some reasonable and effective proposals,such as deepening the research on social responsibility theory, Improving the relevant laws and regulations, specifying the social responsibility accounting information disclosure system and strengthen the supervision.