企业社会责任、股权集中度与企业创新

Corporate Social Responsibility,Ownership Concentration and Corporate Innovation

依托于当前高质量发展背景下的创新环境,以我国2011-2019年A股上市公司为样本,从公司治理角度切入,分析企业社会责任、股权集中度和企业创新的关系。实证研究分析表明:企业的社会责任行为能够有效促进企业创新,提高企业创新产出水平,二者存在显著正向关系;股权集中度也对企业创新有一定促进作用;股权集中度能够有效将社会责任转化为企业创新产出,起到正向调节作用。

Based on the current innovation environment under the background of high-quality development, this paper takes China’s A-share listed companies from 2011 to 2019 as samples to analyze the relationship between corporate social responsibility,ownership concentration and enterprise innovation from the perspective of corporate governance.Through the empirical analysis of this paper, the following results are obtained: CSR behavior can effectively promote enterprise innovation and improve the level of enterprise innovation output, and there is a significant positive relationship between the two.Ownership concentration also promotes enterprise innovation to a certain extent.Ownership concentration can effectively transform social responsibility into enterprise innovation output and play a positive regulating role.