A Case Study Of The Impact Of Public Welfare Donation On Institutional Investors

Public welfare donation and public welfare donation information disclosure is a hot topic in today's society.Regarding the performance of corporate public welfare donation and the disclosure of relevant information,the relevant government agencies in China have formulated many policies and regulations to actively guide enterprises to participate in public welfare donation and promote the healthy development of social public welfare donation.Public welfare donation and its economic consequences brought by the disclosure of information is also the focus of many researchers focus on,this article embarks from the perspective of institutional investors,discusses enterprise public welfare donation to the influence of institutional investors,including enterprise whether public welfare donation information disclosure can bring good news to institutional investors,improve the decision-making effectiveness.As well as the reduction of risk premium,the investment cost of institutional investors is reduced.From the perspective of listed companies,this paper examines the impact of public welfare donation information disclosure on the investment cost and shareholding ratio of institutional investors.Through the analysis of the research,as an important non-financial information,corporate public welfare donation is an important factor for institutional investors to make investment decisions.Through the disclosure of their public welfare donation information,enterprises can reduce the information asymmetry of all parties,transmit good news signals to the outside world,and improve the social image of enterprises.The disclosure of public welfare donation information affects the investment decision of institutional investors,and then affects their information risk and investment risk,which will also affect their investment cost.The results of this paper show that public welfare donation is an important supplement to the financial information of listed companies and has certain usefulness for decision making.Based on the strategic enterprise public welfare donation managers have important enlightening significance.Public welfare donation and public welfare donation information disclosure is a hot topic in today's society.Regarding the performance of corporate public welfare donation and the disclosure of relevant information,the relevant government agencies in China have formulated many policies and regulations to actively guide enterprises to participate in public welfare donation and promote the healthy development of social public welfare donation.Public welfare donation and its economic consequences brought by the disclosure of information is also the focus of many researchers focus on,this article embarks from the perspective of institutional investors,discusses enterprise public welfare donation to the influence of institutional investors,including enterprise whether public welfare donation information disclosure can bring good news to institutional investors,improve the decision-making effectiveness.As well as the reduction of risk premium,the investment cost of institutional investors is reduced.From the perspective of listed companies,this paper examines the impact of public welfare donation information disclosure on the investment cost and shareholding ratio of institutional investors.Through the analysis of the research,as an important non-financial information,corporate public welfare donation is an important factor for institutional investors to make investment decisions.Through the disclosure of their public welfare donation information,enterprises can reduce the information asymmetry of all parties,transmit good news signals to the outside world,and improve the social image of enterprises.The disclosure of public welfare donation information affects the investment decision of institutional investors,and then affects their information risk and investment risk,which will also affect their investment cost.The results of this paper show that public welfare donation is an important supplement to the financial information of listed companies and has certain usefulness for decision making.Based on the strategic enterprise public welfare donation managers have important enlightening significance.