摘要
企业良好的社会表现能否降低企业风险,现有研究结论并不统一。基于利益相关者理论,以2010-2016年间沪深A股上市公司为样本,在将企业社会责任进行维度划分之后,实证检验企业承担社会责任以及各细分责任(股东责任、员工责任、供应链责任、环境责任与公共事业责任)对企业风险的影响。结果显示:企业积极履行社会责任有助于降低企业风险,但并非所有维度的社会责任对企业风险均产生显著且同质的影响。股东责任、供应链责任以及环境责任能够有效控制企业风险,且承担环境责任对企业风险产生的削弱效应更加显著。而良好的员工责任表现却会提高企业风险水平,参与公共事业责任活动对企业风险不产生显著影响。
Whether a good social performance of a company can reduce corporate risk,the existing research conclusions are not uniform. Based on the stakeholder theory,taking the Shanghai-Shenzhen A-share listed company as a sample from 2010 to 2016,after the division of corporate social responsibility,the empirical test enterprise assumes social responsibility and various sub-responsibilities-shareholder responsibility,employee responsibility,supply chain responsibility,environmental responsibility and public utility responsibility-on corporate risk. The results show that the active implementation of social responsibility by enterprises helps to reduce corporate risks,but not all dimensions of social responsibility have a significant and homogeneous impact on corporate risks. Shareholders' responsibilities,supply chain responsibilities,and environmental responsibilities can effectively control corporate risks,and the environmental responsibilities have a more significant effect on corporate risk. Good employee responsibility performance will increase the level of corporate risk,and participation in public utility responsibility activities will not have a significant impact on corporate risk.
作者
张宇婷
卢璐
ZHANG Yu-ting;LU Lu(School of Business Administration,Anhui University of Finance and Economics,Bengbu,Anhui 233000,China)
出处
《长沙理工大学学报(社会科学版)》
2019年第4期79-89,共11页
Journal of Changsha University of Science and Technology:Social Science
基金
安徽省教育厅高校人文社会科学研究重点项目(SK2018A0454)
安徽省哲学社会科学规划青年项目(AHSKQ2016D12)
安徽财经大学研究生科研创新项目(ACYC2018201)
关键词
企业社会责任
企业风险
利益相关者
维度
corporate social responsibility
firm risk
stakeholder
dimension