客户集中度、媒体报道与企业社会责任信息披露

Customer Concentration,Media Coverage and Information Disclosure of Corporate Social Responsibility

客户作为企业的利益相关者之一,在商业契约关系中影响着企业的经营业绩与企业风险,企业根据客户的特征来选择披露不同程度的社会责任信息。利用2012—2017年我国A股上市公司数据,分析了客户集中度与企业社会责任信息披露的关系,并在此基础上探究媒体报道对其产生的影响。研究发现:客户集中度与企业社会责任信息披露水平之间呈显著的负相关关系;媒体报道会削弱客户集中度对企业社会信息披露水平的负向影响。

Customers,as one of the company's stakeholders,influence business performance and corporate risk in commercial contract relationships.Companies choose to disclose different levels of social responsibility information based on the characteristics of customers.This article analyzes the relationship between customer concentration and information disclosure of corporate social responsibility by the use of data from Chinese A-share listed companies from 2012 to 2017,and explores the impact of media reports on it.It is found that there was a significant negative correlation between customer concentration and the information disclosure level of corporate social responsibility;media reports would weaken the negative impact of customer concentration on the level of corporate social information disclosure.