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Based On The Stakeholder Perspective Of Corporate Governance Under The Influence Of Corporate Social Responsibility

Posted on:2012-10-19Degree:MasterType:Thesis
Country:ChinaCandidate:S W WuFull Text:PDF
GTID:2219330338473777Subject:Accounting
Abstract/Summary:PDF Full Text Request
Corporate Social Responsibility from a research project has been a very hot topic.Despite the recent years, the government unveiled a number of corporate social responsibilities to strengthen the laws and regulations, but the awareness of corporate social responsibility is still not significantly improved.Environmental pollution, fake and shoddy products, the occurrence of such acts harm consumers and the lack of social responsibility companies have a great relationship.Research on Corporate Social Responsibility in China later than in the foreign.The question of implementation of corporate social responsibility is not widespread in our country.Our corporate governance structure affects the efficiency of corporate social responsibility.Especially in the current system of corporate governance under the imperfect:Ownership structure is irrational, Board of Supervisors can not effectively play the role of the board of directors and executives weakening the existence of fraud and other issues.Based on the stakeholder perspective of corporate governance under the influence of corporate social responsibility, to a certain extent, improve the corporate governance mechanism.Participation of stakeholders in corporate governance under the premise of checks and balances internal governance mechanism to implement corporate social responsibility.And improve the corporate governance structure, in order to provide guarantees for corporate social responsibility; stakeholders in corporate governance, improve the company's governance and enrich the traditional corporate governance theory. In the traditional theory of corporate governance under the corporate goal is to pursue to maximize shareholder value, along with the traditional theory of sound corporate governance and stakeholder theory of development, more consideration is the interests of stakeholders.This paper reviews the literature at home and abroad on the basis of stakeholder theory are discussed under the corporate governance structure of corporate social responsibility, and then put forward hypotheses. And the use of A-share listed companies in China 2004-2009, a total of 3269 data as the object of study, empirical analysis of the ownership structure, board of directors, executives and board of supervisors on the impact of corporate social responsibility, Conclude:First, ownership concentration and corporate social responsibility was a significant positive correlation; Second, the proportion of state-owned stock ownership is associated with corporate social responsibility; three, outstanding shares and negatively related to corporate social responsibility;â…£, executive compensation and corporate Positively related to social responsibility; five supervisors size and positively not associated with corporate social responsibility; Six, the proportion of independent directors not associated with corporate social responsibility. VII, board size and positively related to corporate social responsibility; six ownership of board and corporate social responsibility are related.The last we will give some advices.
Keywords/Search Tags:corporate governance, corporate social responsibility, stakeholder influence
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