Correlation Study Of Corporate Social Responsibility And The Agricultural Sector Listed Companies Value β

With the rapid development of economy, consequent environmental and social problems let people increasingly concerned about the performance of the enterprise in all aspects of social responsibility through TV, the Internet and other channels.Enterprises as a part of the society, must rely on in the society so that they can survive and develop. In the development, central enterprise will occupy and consume a part of social resources, so the agricultural listed companies must undertake and perform the corresponding social responsibilities. Because the agricultural investment return cycle is long, products and services are relatively single and the production mode dispersion caused agriculture industry concentration is very high. Agricultural, forest, animal husbandry and fishery listing corporations and corporations which treat services as the main business are often very large. The products and services these agricultural listing Corporation provide are for the whole society. The market behavior in agricultural cultivation, acquisition, transportation, processing, pricing and sales in the supply chain which these companies take are likely to affect all segments of the agricultural market,. Agricultural listing Corporation market activities affect most people’s lives. People pay great attention to their production, business activities and social behavior. The subject of social concern, and agricultural listing Corporation in the corporate social responsibility performance is more and more valued by the public. At present, China’s Internet and communications technology developed rapidly, and the information propagation speed is very quick and it spread widely, the public and the media pay more and more attention to food safety, environmental protection and other issues. Corporation social responsibility behavior will be quickly informed of the general public and the media, and they have been widespread concern. Therefore, corporation social responsibility has become a part of the competitiveness of enterprises. Enterprises which actively fulfill the social responsibility will enhance corporation social image and reputation and improve the viscous and loyalty of consumers. Agricultural listing Corporation began to disclosure corporation more actively. Social responsibility report of agricultural listing Corporation has become a very hot research topic in academic circles, but the study on corporate social responsibility is mainly concentrated in the value of corporation social responsibility and business relations, corporate social responsibility and financial performance relationship and so on. Only a small part of domestic scholars research the relationship between the corporate social responsibility and corporate risk. In fact for the enterprise, whether actively fulfilling corporation social responsibility is effective in reducing market risks is faced by enterprises. This thesis will analysis the corporate social responsibility and risk factor of agricultural listing Corporation value correlation.Firstly, review the related domestic and foreign literature and define the concept of agricultural listed companies and corporation social responsibility. From the perspective of stakeholders, corporation social responsibility is divided into eight aspects and selected eight quantitative evaluation index. Then figure out the statistics of the number of agricultural listing Corporation in 2014, excluding 2012-2014 was ST or change the industry company.2012-2014 annual report data in 2013 annual operating income of the top 30 agricultural listing Corporation as a sample, we selected 8 Corporate Social Responsibility Evaluation Index 2012-2014 30 enterprise data and beta value, and do some descriptive analysis, based on the design of an CSR value as the dependent variable, 8 quantitative indexes for multiple variables and equations, the weight of each index by CRITIC in the equation, then using the SPSS and STATA data analysis software of 30 agricultural listing Corporation 2012-2014 CSR value and correlation analysis at the beginning of treatment for 2013-2015 years after the beta value. At last, this paper summarizes the research and puts forward the policy suggestions to promote the development of corporate social responsibility.This paper researched the agriculture listed company corporate social responsibility and the beta value of correlation research, enriched the research content of the field of corporate social responsibility research, carried on the detailed elaboration to the analysis process and results. And on the basis of the conclusion of the study, it gives the specific policy recommendations to help enterprises to improve their knowledge and understanding of corporate social responsibility and the beta value.