公司治理、企业经济绩效与企业社会责任——基于中国制造业上市公司数据的经验研究

Corporate Governance,Corporate Economic Performance and Corporate Social Responsibility——An Empirical Study Based on the Data of the Listed Companies in Chinese Manufacturing Industry

笔者以深、沪两市制造业2005年的相关数据为研究样本进行实证分析,结果表明,企业社会责任与独立董事比例正相关,与资产规模负相关,与是否两权分离、净资产收益率无明显相关性;国有控股公司履行社会责任情况较差;每股收益与政府所得贡献率正相关,而与供应商所得贡献率负相关。

The authors make an empirical analysis of the relevant data of the manufacturing industry in Shenzhen and Shanghai in 2005. The result shows that CSR is positively related to the percentage of independent directors of the board, negatively related to the size of assets of companies. It is not obviously related to separation of ownership and control and ROE. State - controlled companies fulfill their social responsibilities badly. EPS is positively related to the contribution rate of government income and negatively related to the contribution rate of suppliers＇ income.