The Correlation Analysis Of Corporate Social Responsibility And Profitability

Corporate social responsibility describes the impact of enterprises on stakeholders.In recent years,the negative effects of sustained economic growth,such as environmental pollution,food safety problems have attracted extensive attention of the whole society in recent years,the government to the problem of corporate social responsibility values embodied in environment in recent years and enhancement of the food safety regulation,the construction of corporate social responsibility management system,to include corporate social responsibility in the relevant legal system construction.The theoretical circle focuses more on its relationship with the company's profitability,but there is no consistent research conclusion.The thesis researches on the relationship between corporate social responsibility and profitability,based on the theory and the existing research results,build corporate social responsibility and the nonlinear relationship between profitability and long-term level significantly assumption,in China's 2006-2015 A-stock listed companies as samples,based on the fitting empirical model,in this paper,the theory of hypothesis.Based on 2006-2015 China's a-share listed company samples,the empirical results show that the relationship between corporate social responsibility and profitability has nonlinear characteristics,different level of the corporate social responsibility,this influence is also has significant differences,the low level of corporate social responsibility,improve the level of social responsibility,will significantly improve profitability,higher levels of corporate social responsibility,improve the level of corporate social responsibility at this time,it will reduce the profitability.In addition,the non-linear relationship is only verified at the long-term level,and it is only in the long-term level that CSR can have a significant impact on profitability.