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Directors Incentive Impact On Social Responsibility Performance Of Eco-business

Posted on:2016-01-01Degree:MasterType:Thesis
Country:ChinaCandidate:H F XiongFull Text:PDF
GTID:2309330461494442Subject:Accounting
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Haze, when the new word came to people’s eyes we began to truly care about the environment, to reflect on their relationship with nature. US Embassy in Beijing in 2008 installed an air detector, the US State Department recently issued a Beijing air pollution on historical data, the analysis of "China Real Time" on secondary data, the result is not optimistic. Since April 2008 to March 2014 collected 2028 days only 25 days of air quality in line with the US Air Quality "good" standard. Of course, the problem is not just the air, water pollution, land pollution, loss of soil and water resources, destruction of vegetation and other environmental problems everywhere。Environmental companies now have much social responsibility, are what factors affect the performance of social responsibility? This article from the reality, according to the stakeholder theory, social responsibility system reference design for other industries scholar, devised contain shareholders, creditors, consumers, employees, government, social and ecological environment of the seven stakeholder social responsibility indicators. The use of questionnaires and yaahp0.5.2 level analysis software, to various stakeholders to set up a weight, and ultimately obtained environmental performance indicators of social responsibility of enterprises.This paper took the theoretical and empirical research method of combining the first theory of the relationship between variables obtained after analyzing the hypothesis, and then the relevant analysis by SPSS software. The main source of data is the GTA database, Shanghai Stock Exchange and Shenzhen Stock Exchange. As explanatory variables in order to motivate directors, board governance acts as an intermediary variable to environmental CSR performance as the dependent variable. Empirical studies have found: 1. Directors Incentive Compensation and environmental corporate social responsibility performance was negatively correlated; 2, director equity incentives and environmental corporate social responsibility performance positively correlated; 3. Directors governance practices and environmental corporate social responsibility performance positively correlated; 4. the Board of Directors incentive Compensation and there is no correlation between governance practices; 5, there is a positive correlation between the equity incentive and the Board of Directors governance practices; 6, board governance plays a mediating effect on the behavior of directors incentive effects on environmental performance in corporate social responsibility.On the basis of empirical research, this paper established a reasonable incentive directors; regulate board meetings, strengthen strategic behavior and conduct oversight board, so that the Board of Directors can seriously contribute to the enterprise as well as to strengthen the understanding of the social responsibility of directors, etc. put forward specific measures to improve the social responsibility performance of listed companies.Innovation as: 1.building a social responsibility performance evaluation system of environmental protection enterprises; 2. from the perspective of the board of directors of the mediating effect, validate the impact excitation by the Board of Directors of CSR performance behavior; 3. join ecological contribution, so that enterprises inspired by more attention to environmental protection.Insufficient research: an article collect data on environmental protection enterprises are mainly listed company data, and only 2011-2013 years of data, it has some limitations in the data sources, data may be collected not fully reflect the argument relationship; 2. the data processing method is relatively simple.
Keywords/Search Tags:Directors Incentive, Social Responsibility, Environmental Protection, Boar d Governance, Mediating Effect
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