企业社会责任财务效应动态性实证分析——基于生命周期理论  

An Empirical Research on the Dynamic Financial Effects of the Corporate Social Responsibility:Based on the Life Cycle Theory

作　　者：王琦[1] 吴冲[1] 

机构地区：[1]哈尔滨工业大学管理学院,黑龙江哈尔滨150001

出　　处：《中国管理科学》2013年第S2期542-548,共7页Chinese Journal of Management Science

基　　金：国家自然科学基金资助项目(71271070);教育部新世纪优秀人才支持计划资助项目(NCET-08-0171)

摘　　要：本文基于生命周期理论,选取我国沪深两市制造业上市公司年报中所披露的社会责任信息作为样本,对企业履行社会责任与财务绩效的相关性进行实证研究。其研究显示:我国上市公司在不同生命周期阶段具有不同的社会责任理解能力和履行能力,从而导致企业履行社会责任对财务绩效所产生效应存在着差异性,进一步说明了企业社会责任财务效应具有动态性。Based on the life cycle theory,the social responsibility information disclosed annual reports of manufacturing listed companies in Shanghai and Shenzhen are selcted as a sample and empirically studies the relevant between corporate social responsibility and financial performance.It can be found that enterprises in different stages of the life cycle have the different understandings of social responsibility and abilities to perform,which indicates that the corporate social responsibility have the dynamic financial effect

关 键 词：生命周期 企业社会责任 财务效应 

分 类 号：F224[经济管理—国民经济] F275F270