企业社会责任对企业风险的影响
Effect of Corporate Social Responsibility on Corporate Risk
摘要: 本文以我国2016~2020年间A股上市公司为样本，研究企业社会责任与企业风险之间的关系。结果显示：企业积极承担社会责任能够降低企业的风险水平，且相对于国有企业，非国有企业承担社会责任对企业风险的降低作用更大。进一步地把企业社会责任分为内部企业社会责任和外部企业社会责任，发现承担内部企业社会责任对企业风险的降低作用更大。
Abstract: This article takes A-share listed companies in China from 2016 to 2020 as a sample to study the relationship between corporate social responsibility and corporate risk. The results show that actively taking social responsibility by enterprises can reduce their risk level, and compared to state-owned enterprises, non-state-owned enterprises taking social responsibility has a greater impact on reducing enterprise risk. Further dividing corporate social responsibility into internal corporate social responsibility and external corporate social responsibility, it was found that taking on internal corporate social responsibility has a greater impact on reducing corporate risk.
文章引用：甄惜. 企业社会责任对企业风险的影响[J]. 金融, 2023, 13(6): 1399-1408. https://doi.org/10.12677/FIN.2023.136150

参考文献

[1] Choi, J. and Wang, H. (2009) Stakeholder Relations and the Persistence of Corporate Social Performance. Strategic Management Journal, 30, 895-907. [Google Scholar] [CrossRef] 
[2] Vilanova, M., Lozano, J.M. and Arenas, D. (2009) Exploring the Nature of the Relationship between CSR and Comptitiveness. Journal of Business Ethics, 87, 57-69. [Google Scholar] [CrossRef] 
[3] Friedman, M. (1970) The Social Responsibility of Busi-ness Is to Increase Profit. New York Times Magazine, 9, 32-33.
[4] 顾雷雷, 郭建鸾, 王鸿宇. 企业社会责任、融资约束与企业金融化[J]. 金融研究, 2020(2): 109-127.
[5] Ioannou, I. and Serafeim, G. (2014) The Impact of Corpo-rate Social Responsibility on Investment Recommendations: Analysts’ Perceptions and Shifting Institutional Logics. Strategic Management Journal, 36, 1053-1081. [Google Scholar] [CrossRef] 
[6] 周延风, 罗文恩, 肖文建. 企业社会责任行为与消费者响应——消费者个人特征和价格信号的调节[J]. 中国工业经济, 2007(3): 62-69.
[7] 张宇婷, 卢璐. 企业社会责任对企业风险的影响——维度划分重要吗? [J]. 长沙理工大学学报(社会科学版), 2019, 34(4): 79-89.
[8] 冯丽艳, 肖翔, 程小可. 社会责任对企业风险的影响效应——基于我国经济环境的分析[J]. 南开管理评论, 2016, 19(6): 141-154.
[9] 方红星, 陈作华. 高质量内部控制能有效应对特质性风险和系统风险吗? [J]. 会计研究, 2015(4): 70-77+96.
[10] 权小锋, 吴世农, 尹洪英. 企业社会责任与股价崩盘风险: “价值利器”或“自利工具”? [J]. 经济研究, 2015, 50(11): 49-64.
[11] Cai, L., Cui, J.F. and Jo, H. (2015) Corporate Environmental Responsibility and Firm Risk. Journal of Business Ethics, 4, 2-15.
[12] 王建玲, 李玥婷. 企业社会责任与风险承担: 基于资源以来理论视角[J]. 预测, 2019(3): 45-51.

为你推荐