财务风险、社会责任与企业财务绩效

Financial Risk, Corporate Social Responsibility and Financial Performance

文章以2013-2017年披露企业社会责任报告的中国沪深A股上市公司为研究对象,探讨了财务风险和企业社会责任对财务绩效的影响。实证结果表明:财务风险与企业绩效显著负相关;企业社会责任履行与企业绩效显著正相关。而且财务风险的降低能够有效提升社会责任对财务绩效的正向促进作用。最后,结合相关结论,提出企业在控制财务风险前提下履行社会责任的建议。

This paper examines the impact of the financial risk and corporate social responsibility(CSR)regulation on financial performance.Based on the listed companies during 2013 to 2017.The empirical results show that there is a significant negative correlation between financial risk and enterprise performance.And a significant positive correlation between CSR performance and corporate performance.Moreover,the reduction of financial risk can effectively promote the positive effect of social responsibility on financial performance.Combined with relevant conclusions,the paper puts forward Suggestions for enterprises to fulfill their social responsibilities under the premise of controlling financial risks.