Research On The Correlation Between The Social Re-sponsibility And Enterprise Value Of Electric Power Quoted Companies

Natural resources, technological resources, human resources and other kinds of resources is the foundation of social development, the enterprise by using different resources to produce products and provide services, for the development of economy and social progress played an important role in the medium. The power industry to provide electricity to other industries in our country, to ensure the normal develop-ment of society, so, the power industry for the national economic development has an important value. It is important to note that due to large thermal power enterprises accounted for the proportion of the power industry, the relevant environmental pollu-tion, the problem such as air pollution to the environment caused great pressure, so you have to assume social responsibility.In the process of enterprise development, to deal with the relationship between corporate value and corporate responsibility, need to constantly adjust the enterprise’s own development strategy and development direction, the electric power enterprise value of the rise in value. Electric power enterprises undertake the energy supply, solve the environment pollution and so on responsibility, for national economic de-velopment, promote social sustainable and healthy long-term development has an important value and significance. So, the relevant research both for our power to im-prove the information disclosure of listed companies, strengthen responsibility con-cept has a very positive role in promoting.In this paper, based on the above background, through the theoretical research and case study analysis of stratified according to the steps. First of all, in a lot of reading at home and abroad scholars research methods and conclusions on the basis of further combining the theory of stakeholder theory, social citizens and hysteresis ef-fect theory, could be divided into shareholder responsibility corporate social respon-sibility, employees, suppliers and users responsibility, environmental responsibility and social responsibility of the five dimensions. And from the perspective of stake-holders and time lag effect of the electric power enterprise social responsibility and corporate value for theoretical exploration research. Then, in order to further investi-gate the correlation of the two, this article will power listed company the quantitative analysis of the five dimensions of social responsibility, according to the economic department of corporate social responsibility, the Chinese academy of social sciences research center to establish corporate social responsibility evaluation criteria to de-termine the power of the listed company social responsibility evaluation index system and comprehensive scores. And on the basis of confirming the enterprise value quan-tification standard, thus put forward the corresponding research hypothesis, using de-scriptive statistics, correlation statistics and multivariate linear regression model with regression analysis method of the empirical test of the electric power enterprise soci-ety responsibility and the enterprise value relevance. Finally the research results show that the power of the listed company social responsibility and corporate value, namely the electric power enterprises to actively fulfill the social responsibility will make the electric power enterprise value appreciation. But the social responsibility of the posi-tive influence to the enterprise value has a certain lag. So, the electric power enter-prise social responsibility is a long-term investment. For the electric power enterprise in our country, the finally, the Suggestions on how to fulfill social responsibility.