煤炭企业社会责任与财务绩效关系研究

Research on the Relationship between Social Responsibility and Financial Performance of Coal Enterprises

以2010—2016年煤炭行业上市公司为研究样本,运用回归分析法,对企业社会责任与财务绩效的关系进行了实证研究,并进一步以企业高管是否具有政治关联,将企业分为政治关联企业与非政治关联企业,探讨了政治关联对企业社会责任与财务绩效关系的影响。结果表明:企业社会责任水平对财务绩效有正向作用;企业财务绩效对社会责任水平有正向作用;政治关联企业社会责任与财务绩效的正向交互作用比非政治关联企业更强。

Taking the listed companies in the coal industry from 2010 to 2016 as the research samples,the regression analysis method was used to conduct an empirical study on the relationship between corporate social responsibility and financial performance. Moreover,the company is divided into political connection enterprises and non-political connection enterprises to explore the impact of political connections on the relationship between corporate social responsibility and financial performance.The results show that: the level of corporate social responsibility has a positive effect on the financial performance;the financial performance of the enterprise has a positive effect on the level of social responsibility;the positive interaction between social responsibility and financial performance of political connection enterprises is stronger than that of non-political connection enterprises.