TITLE:
Research on the Impact of Corporate Social Responsibility Reputation on Financial Performance—Based on Listed Company Data
AUTHORS:
Sulin Pang, Jinmeng Yuan
KEYWORDS:
Corporate Social Responsibility, Corporate Financial Performance, Listed Company
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.7 No.1,
January
18,
2019
ABSTRACT: With the improvement of living conditions, more and more people have begun to pay attention to environmental safety and social responsibility issues. The market’s growing resistance to irresponsible companies may be that these companies are not aware of the seriousness of the consequences of their consequences on corporate finances. Facing the increasingly harsh product safety environment in recent years, people are increasingly focusing on the pursuit of quality products. With the development of the global corporate social responsibility movement, the relationship between corporate social responsibility and financial performance has gradually attracted people’s attention. A comprehensive study of domestic and foreign scholars found that most scholars’ studies have demonstrated that the relationship between corporate social responsibility and financial performance is positively correlated, followed by irrelevant and uncertain relationships, and negatively related to only a small portion. It can be seen that the fulfillment of corporate social responsibility is generally necessary for the enterprise. In the domestic and foreign literature review, financial performance also takes its related corporate value and other related indicators as part of its performance. Research and development space is huge. This article is a study of corporate social responsibility research on how corporate financial performance affects corporate social responsibility. It aims to provide a clear analysis and explanation of the relationship between corporate social responsibility and financial performance through accurate theoretical introduction and empirical analysis by exploring the relationship between the two.