A Study On Corporate Social Responsibility Reporting Information Disclosure

After the State Grid Company published its first Social Responsibility Report in 2006,in the past few years,we can see the number of these reports released by companies is continuing rising.More and more companies aware that they should morally obliged to give something back to society.An entity that fails to make a positive contribution to society will be perceived as being socially irresponsible. Some companies believe that being seen as socially responsible will bring them a competitive advantage,allowing them to achieve better economic results.In order to demonstrate that they care about the people and environment they operate in, organizations are using the Social Responsibility Reporting to disclosure their social activity information,so that to built the company's reputation in the society and obtain competitive advantages that can differentiate from its competitors.Since then the Corporate Social Responsibility movement in our country reached its climax."Shenzhen Stock Exchange Guidelines on corporate social responsibility" issued in 2006,and then the State Assets Management Committee regulated the report of social responsibility of the state-owned enterprises.However,the social responsibility reporting in our country is still in its infancy.Many companies don't have strong conscious about the social responsibility;the information disclosure is belonged to voluntary behavior.It is optional for the reporting contents and the information tend to use the non-financial words to describe,the shortage of financial data may lead the report not comparability and the report users could not find the useful information in reports.It's not good for stakeholders in decision-making.In this article,author reviewed the basic theory about the social responsibility, analyzed the history and the development of social responsibility movement,study the present research overseas.According to the investigation result of the international reports on social responsibility,author used the Nation Top 100 companies in China as sample.The sample consisted by "social responsibility report" or "sustainability report" issued for 2007.The study looks at corporate social responsibility reports of different companies across different industries,we statistical these reports from different aspects,such as the reporting period,industry distribution,reference standards used and so on.We noted that there still not many companies in top 100 issued the social responsibility reports.Among these issued organizations,most of them are state-owned.After that we analysis the information disclosure situations about these social responsibility reports,almost all of these reports contains four main perspectives,which are environment,community,marketplace and workplace.But these contents quality and quantity are still not perfect;most of the information disclosures are formalization,they only used vague sentences to describe their responsibility about economic,society and environment,lack of substantive quantization evidence to support the information,and these reports quality influenced by this situation.So these reports' information disclosures should be regulated to improve their quality.In this situation,this study try to analysis the social information disclosure form the accounting point of view.On the profits from the actual situation in China,we propose some items to improve the CSR reporting information disclosure,in order to arouse the deeper discussion and interest so as to let this report play a substantial role for all of stakeholders.