涉农企业社会责任信息披露影响因素研究

Studies on the Influential Factors of Social Responsibility Information Disclosure Agricultural Enterprises

随着食品安全问题的日益突显,涉农企业社会责任履行情况受到广泛关注,在此背景下探究影响涉农企业社会责任信息披露的因素具有重要的现实意义。以沪深两市的涉农上市公司为研究样本,以2011年年报为数据来源,采用因子分析法和多元回归分析法,对影响涉农企业社会责任信息披露的因素进行实证分析。结果表明:涉农企业的规模、营运能力、盈利能力与企业社会责任信息披露水平呈显著正相关关系,农业补贴率、偿债能力、董事会规模与企业社会责任信息披露水平呈显著负相关关系,而非农化经营程度、发展能力、现金流量能力、股权性质以及两职状态对企业社会责任信息披露并没有显著影响。

With the eminence of food safety problems,the fulfillment of social responsibility of agricultural enterprises draws increasing attention. Information disclosure of their social responsibility has become an inevitable trend. In this context,it is of practical significance to explore the factors that affect the information disclosure of agricultural enterprises＇ social responsibility. With listed agricultural companies in the SSE and SZSE as research samples and the annual report of 2011 as data sources,the paper studies the factors affecting information disclosure of social responsibility of agricultural-related enterprises by means of factor analysis and multiple regression analysis. The results show that the scale,operating capacity and profitability of an agricultural enterprise has significant positive correlation with the level of information disclosure of corporate social responsibility. The rate of agricultural subsidies,debt paying ability and board size is negatively correlated with the latter. And non-agricultural business degree,development ability,cash flow,the nature of stock rights and the state of the two positions do not cast a significant impact on the level of social responsibility information disclosure.