Research On How Social Responsibility Information Disclosure Influences On Operating Performance In Listed Companies

In recent years,awareness of corporate social responsibility become hot and the topics of wide interest at home and abroad,regulators,investors and stakeholders such as government information also has increased demand for social responsibility.Meanwhile,Chinese listed companies to increase their investment in social responsibility,social responsibility information disclosure is particularly valued.Social responsibility information disclosure of listed companies has become the subject of extensive study and practice.On currently of disclosure status,,China social responsibility information disclosure level and released social responsibility report of listed company although in years growth of State,but social responsibility information also not into related legal regulations of mandatory disclosure category,also no formed a specification unified of framework system to guide listed company disclosure social responsibility information,so,all company social responsibility information disclosure level is vary,and the not same,not only in content Shang exists many of lacks and insufficient of at,Needed to enhance and improve in quality.Some companies believe social responsibility information disclosure will affect the business performance of enterprises increase their burden,no initiative on social responsibility information disclosure and will.At this point,the social responsibility information disclosure research explores the relationship between business performance and it is very necessary.This article under the above background and the practice demand,take the literature methodology and the real diagnosis methodology primarily,in the reference massive literature material foundation,by the social responsibility theory,the benefit counterparts theory as well as domestic and foreign has the representative target system as the rationale,from the benefit counterparts theory angle of view the social responsibility information disclosed has divided into five big categories,has analyzed at present to be listed to its disclosure present situation and the existence question.And take the manufacturing industry to be listed as the example,213 enterprises which reported in the Shanghai deep two market city A to be listed independent disclosure society responsibility has conducted the research to its2013-2015 year,in the real diagnosis research stage,has selected the weight management achievements 11 targets from four aspects,withdraws the host using the factor analysis to become the ingredient synthesis to manifest the management achievements.At the same time,to the above 213 sample enterprise from the shareholder and the creditor,the staff,the consumer and the supplier,the environmental protection and the sustainable development,the community and the public enterprise and so on five aspects carried on described the statistics,the goal has lain in understood its social responsibility information disclosure the real situation,and has made the relevant analysis and the regression analysis to its above variable,in order to social responsibility information disclosure and between various variables information disclosure and management achievements relations.And according to the research conclusion proposed the corresponding countermeasure suggested,the goal lies in the enhancement to be listed to fulfill the social responsibility consciousness and the disclosure level,then the enhancement enterprise's competitive power and enhances the enterprise to manage the achievements,impels the enterprise to realize more economic efficiencies and a longer-term development.