安全责任会影响企业财务绩效吗?——基于中国A股上市公司的实证分析

Will Safety Responsibility Affect Corporate Financial Performance?—An Empirical Analysis of A-Share Listed Companies in China

企业安全责任是企业社会责任中非常重要的一部分,如果企业主动履行安全责任是有价值的,那么监管和政策将发生变化。本文以2011~2018年中国A股上市公司作为研究对象,通过面板数据的回归分析,实证检验了企业安全责任表现对企业财务绩效的影响。研究发现,企业安全责任并不能在短期内增强企业的盈利能力,但企业安全责任表现能够正向影响企业长期财务绩效。在实证结果的基础上,本文为进一步落实企业安全责任及优化政府安全监管提出了新的建议。

Corporate safety responsibility is a very important part of corporate social responsibility. If it is valuable for enterprises to actively fulfill their safety responsibility, the supervision and policies will change. Taking A-share listed companies from 2011 to 2018 as the research object, this paper empirically tests the impact of corporate safety responsibility performance on corporate financial performance through the regression analysis of panel data. The study found that corporate safety responsibility cannot enhance the profitability of enterprises in the short term, but the perfor-mance of corporate safety responsibility can positively affect the long-term financial performance of enterprises. Based on the empirical results, this paper puts forward new suggestions for further implementing corporate safety responsibility and optimizing government safety supervision.