A Study On The Determinants Of Corporate Social Responsibility Disclosure Ratings By Chinese Listed Companies

With the development of the information age today,enterprises have become the main role of creating social wealth.The role of these enterprises have played more and more important in the whole process of social development. When the enterprise brings benefits for our society,it also brings many social problem,such as the issue of environment,the issues of resource,the issue of consumer protecetion and employees’ safety and so on.Affected by the traditional management thinking,most shareholders choose the maximize of their equity as the company’s development goal,and they neglect the social responsibility’s important roal for the sustainable development.With the expansion of knowledge about the scope,more and more people realize the issue of social responsibility,and emergent the theoretical research and practical application.Through retrieving the CNKI,we can find that the first artical of social responsibility accounting research was published in 1985,and a central corporate social responsibility report appeared in March 2006,it was disclosured by China power grid.The social responsibility studied by scholars also causes widespread public concern.Especially in the information age,more and more people get the social responsibility information through a variety of ways such as the Internet,news,radio and so on.The change prompted enterprisesto increase the imprtance the responsibility and the information disclosure.However,compare with the past,despite its emphasis have significantly increased,the disclosure of the information is still not satisfactory.In recent years,the media reports a lot about corporate product quality problems, safety issues related to the production environment and environmental problems caused by the continued production.The series of questions reflect from the side that many problems present when the majority of enterprises fulfill the responsibility.In view of this,this paper carries out research of the social responsibility accounting information disclosure,and it has a certain significance.This article mainly focuses on the factors affecting the degree of social responsibility accounting disclosure research.It corporates financial selected features and aspects of corporate goverance.I choose regulating research method to research the legal norms theroy.Through using statistical analysis method to research Chinese listed companies’ disclosure of social responsbility and the ploblem of this,and using empirical research methods to study the relevent factors of the company’s disclosure about the social responsibility.First of all,plenty of theroy is the basis of the actual opration,and it plays a key role in guiding the actual work.The public concern about the social responsibility,the company’s fulfilling to this responsibility and the financial officers’disclosure to the relevant information,all of these are inextricably linked with rich theoretical.About the theoretical support of social responsibility and its related information disclosure,scholars give more explanation,such as the social contract theory,principal agent theory.In this artical,I choose the principal agent theory,signal transmission theory and impression management theory as the part of the fourth article of the theoretical basis of empirical analysis.Secondly,when the company released report of the social responsibility,there are many problem. In order to avoid the sweeping of the issues,in the third part of this article,I selected the listed companies’ social responsibility report in 2013 as the sample.Through the information,I analysis the disclosure of the responsibility.I description realities of listed companies disclose revelant information via five concent.It includes the overall number of disclosures compared changes in the past,the statistical of sample companies’ disclosure content,the number statistical of industry who released the information,the distribution situation of the listed companies who disclosured the social responsibility report and whether these report through third party audits.Through these research,I can find the problem.In the fourth section of the artical,I choose the financial characteristics and the governance structure to analysis the impaction to social responsibility accounting information disclosure through empirical analysis research methods.In view of the controversial indicators of scholars,in the arcital Ichoose financial leverage and profitability indicators as the company’s financial characteristics,and select the board size and the proportion of independent directors of the board of directors as the index of corporate governance structure. Through these research,Ianalysis these indicators impaction to the sample companies’ disclosure of social responsibility information.Through empirical research,I found that social responsibility information disclosure is significantly positively related to relationship with the above four indexes.Through looking for the problem,finding the problem,I put forward a series of proposals from the macroscopic and microscopic two aspects.They are related to improve the fulfillment of corporate social responsibility in our country combining with China’s economic development situation.Throughout the full text, in the process of writing, the main innovation is the statistical analysis of the social responsibility accounting report of listed companies.It has a certain practical significance of understanding of the information disclosure of these companies.At the same time,when I carried out the empirical analysis in the article fourth part,I took the index method and Rankins CSR Ratings to evalutate the company’s social responsibility.The two indicators increased the accuracy and reliability.In the process of writing,there are also some deficiencies.Firstly,when I selected the sample,the number is less,it affected the accuracy of the empirical analysis.Secondly,when I used the empirical analysis,the influence factors of explanatory variables are not only four indicators described in this article.So,in the process of the future study of the related content,I will continue to improve.