The Influence Of Corporate Social Responsibility On Financial Performance Of New Energy Vehicles

New energy as a new sector,enterprises want to long-term foothold,social responsibility to implement.From the perspective of the development of corporate social responsibility,this paper discusses the impact of CSR fulfillment on financial performance of 56 new energy enterprises.The central point is: the good performance of corporate social responsibility has a positive impact on financial performance,and there are a variety of antecedents.Corporate social responsibility awareness in the development of continuous improvement,more comprehensive.In a sense,the fulfillment of corporate social responsibility can be regarded as a kind of investment behavior.What an enterprise invests resources to recover is the improvement of enterprise value.The research on this issue is mainly based on two purposes.One is to understand the conceptual scope changes in different development stages of corporate social responsibility,and how to measure it.Second,how enterprises effectively fulfill their social responsibilities to improve their financial performance and provide a theoretical basis for the development of new energy enterprises in China.Based on the above considerations,this paper analyzes the development and measurement of corporate social responsibility from relevant literature and theoretical basis.Through sorting out,it is found that the understanding,concept and scope of corporate social responsibility are improved and developed,and the fulfillment of corporate social responsibility involves all stakeholders,and financial indicators are set under the stakeholders for measurement.On this basis,fs QCA technology is used to build a bridge,and corporate social responsibility and financial performance are combined to analyze the impact of multiple antecedents on financial performance.Firstly,literature review and theoretical overview of relevant concepts were conducted to understand the definition of corporate social responsibility and its impact on financial performance,and the basic principles and corresponding operations of fuzzy and qualitative comparative analysis were explained.Secondly,according to the stakeholder theory,combined with company B’s business relationship,it constructs a measurement system for social responsibility,and determines to reflect company B’s performance status by corporate social responsibility to seven stakeholders,and the financial indicators of all parties’ responsibility measurement were given in reference to the existing research to judge the status quo of company B’s social responsibility performance.Furthermore,fs QCA technology is applied to the data design of the sample cases from 2014 to 2019,and the conditional configuration of high financial performance is finally obtained through a series of procedures,so as to provide reference for enterprises to better deal with social responsibility and financial performance.Then,the case comparison of B shows that its conditional configuration conforms to one of the conditional configurations under the condition of high financial performance.The results show that CSR fulfillment has a positive impact on financial performance,and there are four conditional configurations that can help achieve high financial performance.Among the stakeholders involved,fulfilling the social responsibilities of shareholders and the government is the key.