企业社会责任的价值创造机理及实证检验——基于利益相关者理论和生命周期理论  

Research on the Value-Creation Mechanism of Corporate Social Responsibility and Its Empirical Test Based on the Stakeholder Theory and Life Cycle Stage Theory

作　　者：王清刚[1] 徐欣宇 

机构地区：[1]中南财经政法大学会计学院,湖北武汉430073

出　　处：《中国软科学》2016年第2期179-192,共14页China Soft Science

基　　金：国家社会科学基金资助项目"基于风险智能管理的企业社会责任价值创造研究"(13BGL056)

摘　　要：在创新驱动的新常态下,社会责任已成为与资本、技术和人才同样重要的竞争要素。企业是创造价值和履行社会责任的统一体,企业履行社会责任能够促进价值创造目标的实现。本文从两个维度探讨了企业社会责任价值创造的机理。首先,基于利益相关者理论,横向分析对各个利益相关者的责任履行如何创造价值,再从企业生命周期理论出发,纵向分析不同阶段,如何分配资源,使承担的各个利益相关者责任的价值最大化。本文使用大样本数据,以2010-2014年沪深主板上市公司为样本,检验了企业在不同发展阶段履行对各利益相关者的社会责任对企业价值的影响,并根据理论分析和实证检验的结果提出相应的政策建议。Under the new norm of innovation driven, corporate social responsibility had been becoming an important competition factor, just as capital, technology and talent. Enterprise was the unity of value creation and social responsibility, and corporate social responsibility could promote the realization of value creation. This paper researched on the value-driven Mechanism of corporate social responsibility from two dimensions. Firstly, based on the stakeholder theory, we horizontal analyzed how of the each stakeholder responsibility to create value, and then from the life cycle theory,we longitudinal analyzed corporate social responsibility how to create value in different stages. Using the large sample data, we tested the relationship between the value of corporations and social responsibility, taking sample data of all listed companies of Shenzhen andShanghai Exchange from the year 2010 -2014. In conclusion, we put forward the corresponding policy suggestions according to the results of theoretical analysis and empirical test.

关 键 词：社会责任 利益相关者 生命周期 企业价值 

分 类 号：F275.5[经济管理—企业管理]