Legal Environment, Financing Constraints And Food Safety Information Disclosure

With the continuous development of Chinese economy and the increasing living standards of the people,the public has put forward higher requirements for the safety of food food,and the exposure of food safety incidents has made the public more concerned about the food safety.Therefore,enterprises must actively undertake the responsibility of information disclosure of food safety,set up the awareness of food safety,ensure the safety of food,change the wrong production and management concept,carry out the healthy and safe production of the enterprise,and ensure the long-term development of the enterprise.Therefore,it is of great significance for enterprises to improve the level of information disclosure of food safety and to study the factors affecting the disclosure of food safety information.First,based on the theory of social responsibility,stakeholder theory,information asymmetry theory and legitimacy theory,the concept of legal environment,financing constraints and information disclosure of food safety is defined.Then,the corresponding assumptions and models are put forward on the basis of the previous theoretical analysis.This paper mainly selects the A-share food manufacturing enterprises in Shanghai and Shenzhen for six years as the research object.On the basis of empirical research,the relationship between the legal environment,financing constraints and information disclosure of food safety is examined.The results show that there is a significant positive correlation between financing constraints and information disclosure of food safety;the legal environment has a significant positive correlation with the disclosure of food safety information;the legal environment has a negative adjustment effect between financing constraints and food safety information disclosure,namely,the legal environment on financing constraints and food security letters.The relationship between interest and disclosure has an impact.In a poor legal environment,the positive relationship between financing constraints and information disclosure of food safety is stronger.According to the results of the previous study,the disclosure of food safety information is related to food safety.The disclosure of food safety information should not be restricted only by legal constraints,government regulation,financing constraints and so on,and the enterprise itself should make corresponding efforts and corrections.First,the state should improve the relevant laws and regulations,improve the relevant legal system,and supervise the laws and regulations in the actual action,improve the information disclosure level of the whole food safety and ensure the food safety.At the same time,there is a great difference between the legal environment areas,and the legal environment in the backward areas should be improved.The environment of the legal system tends to be balanced.Secondly,the enterprise should clarify the value of information disclosure,improve its food safety information disclosure according to the actual situation,at the same time,for enterprises and individuals,it should also do a good job of food safety publicity and education,set up food safety awareness,enterprises start from themselves first,and consciously undertake food safety.The responsibility of information disclosure,and ensuring the safety of food production,enterprises and individuals should continue to strengthen learning,update knowledge and establish food safety awareness.Finally,enterprises should raise the level of financing and carry out food safety information disclosure under the condition of health financing constraints.Enterprises should solve the financing difficulties from themselves,improve their financing ability and level,change the overall operation capacity and level of funds,improve the overall strength of the enterprise,and actively improve the level of information disclosure of food safety in the enterprise under the state of healthy funds.