Research On Correlation Between Safety Reserve Balance And Enterprise Value Of Listed Companies In High-risk Industry

With the development of our country’s economy, the deepening reform of economic and the improvement of people’s living standard, people pay more attention to their own safety, companies are no longer blindly pursue short-term economic benefits. People pay more attention to improving the quality of life. People work and at the same time, pay more attention to health; Enterprises pay more attention to the establishment and maintenance of the brand, pay attention to the word of mouth. products and services will be more focused on keeping the enterprise survival and development for a long time;Countries pay more attention to healthy economic development, adhere to the people-oriented, to satisfy the people’s interests as the ultimate goal of economic development. Security issues, especially production activities of security issues, naturally became the people, enterprises and the national common focus. In contrast, the present situation of safety production management in China, although has obtained certain development, the production safety accidents are presenting declining trend year by year,but the safe production system, especially the cost extraction and administration of production safety system is still not perfect, the related regulations, there is also dispute about what the deal could whether reasonable. On the other hand, some enterprises,especially in high-risk industry, small businesses, do not take the safety in production only see short-term benefits, or itself a higher risk of production operation, didn’t realize the safety production environment construction key of enterprise development, leading to production safety accident frequency.Based on the social development trend and problems in the current safety in production cost, this paper from two aspects of normative research and empirical studies show correlation between safety reserve balance and enterprise value of listed company in high-risk industry. Theory of normative research of this article related sources include safety economics theory and accounting theory and stakeholder theory, and find which consistent with the view of theory summary analysis. In addition, this paper use high-risk industry accounting data in annual reports of listed companies, using empirical analysismethods, such as descriptive statistics, regression analysis, objectively confirmed that security correlation exists between safety reserve balance and enterprise value of listed companies in high-risk industry.In this paper, by studying correlation between safety reserve balance and enterprise value of listed company in high-risk industry, purpose is to take attention of the management of safety in production cost. it has extremely vital significance to prevent enterprise from insufficient safety investment and production safety accidents. At the same time,the paper points out the defects in the current safety in production costs, and put forward effective improvement direction, establish and improve the cost management and production safety supervision mechanism, improve the state of safety in production effectively. Hope that the society form to good atmosphere of safety in production,promote the healthy, harmonious and scientific development will have a positive effect.