An Empirical Analysis Of Corporate Social Responsibility Information Disclosure In China's Listed Companies

Corporate social responsibility has become a universal business rule of the international community. It has become barriers to entry into all the national market, and an important standard evaluating and testing enterprise merits of good or bad. All commercial activities in the market and social behavior on enterprises, business partnerships, marketing, corporate governance, financial operations, product quality, labor relations, production safety, environmental protection, social participation, all contributions to social development and progress, and so on, are all paid great attentions by all countries Governments, International Business for Social Responsibility, Media and the public of Global consumption, and are up to enterprises' regulatory and mandatory rules of cross-border, beyond the social system, beyond the different legal systems of the world's universal. Based on this background and needs of the under, I comprehensively and systematically discussed it to make some modest for study in the field of corporate social responsibility.This article discussed the concept definition of corporate social responsibility, the content definition, measurement and the status quo of information disclosure. And to the 1206 listed companies in the Shanghai Stock Exchange and the Shenzhen Stock Exchange for samples, we make the empirical studies on the information disclosing degree of social responsibility to listed companies and its impact factors, and come to corporate social information disclosure Index and the regression function of the factors that influence in 2007 annual report of our country's listed companies. When researching on corporate social responsibility information disclosure, some researchers usually did not identify the concept of corporate social responsibility information. The method may induce content indifference of corporate social responsibility information. By identifying the concept of corporate social responsibility information, I think contents of corporate social responsibility information disclosure in China contain six types: environment issues, employee issues, community issue, general society issues, consumer issues, other issues. There are seventeen detailed types contained in those six types. And we found that the performance of the company, property industry and the size is an important factor impacting China's listed companies information disclosure on social responsibility, while two corporate governance variables, that are the proportion of independent directors, and the chairman of the board and general manager of whether the post of Second-in-one, were not shown a significant impact to the disclosure of the community Responsibility information. The main contributions of this paper contain discussion of corporate social responsibility information disclosure of all listed companies in China and this paper empirically tests influencing factors of corporate social responsibility information disclosure in China.