Research On Enterprise Financial Risk Supervision Strategy Under The Perspective Of Social Responsibility

The charity law of the People's Republic of China(2016)has made corporate social responsibility a hot topic of discussion in nationwide.Under the background of the deep reformation,the increasingly complex supply and demand and the upgraded industrial structure,the survival and development of enterprises will face a more complicated and changeable environment.From the European sovereign debt crisis to tianjin port fire explosion,power plant of jiangxi collapsed,and then to a mobike-war last year,samsung mobile phone battery explosion,etc.,showing that seeking to maximize profits and ignoring the social responsibility will bring serious impact and loss to the sustainable development of enterprises.Perfecting the market financial regulation mechanism and improving the financial risk defense ability has become the key to improve their survival ability and promote sustainable economic development.How to effectively measure the enterprise's financial risk,and how to effectively regulate financial risk are the focus of attrntion,also the core of this thesis.It is of great significance to balance the speed and quality of social economic development.This paper analyzes the financial risk supervision of listed companies combined with the perspective of corporate social responsibility and financial risk which is based on the literature review.According to the theory of stakeholders,select indicators to measure social responsibility from five dimensions(shareholders,creditors,employees,government and community environment)using F fraction model to measure the enterprise financial risk.After empirical analysis of the 1067 listed companies in Shanghai and shenzhen stock market,we found that Shareholders,creditors and employee liability interests have a strong impact on the financial risk of enterprises,and the positive impact coefficient on F value of shareholders' equity is 14.113,the influence coefficient of creditor's benefit rate factor is 1.608 and employee benefit rate factor was 3.83.The government and community environmental responsibility interests have a weak effect on the financial risk,he negative influence coefficient of the tax return rate factor on the F value is-1.23,and environmental expenditure rate factor is-0.399.This paper analyzes the transmission mechanism of corporate social responsibility on financial risk from three aspects: economic responsibility,legal responsibility and charity responsibility.The paper uses the five dimensions of social responsibility measurement,citing the financial risk assessment F score model to get the effect of the two.puting forward strategy of financial risk supervision from the perspective of financing risk,investment risk,operation risk and income distribution risk.