A Research On The Effects Of Corporate Social Responsibility On Coal Enterprise’s Performance In China

Recently, enterprise development has lead to many social problems, which makes thecorporate social responsibility be paid more and more attention. Due to the lack ofawareness of social responsibility, the issues, such as resources waste and productionsafety in Coal enterprises in Chinaare very serious. In order to make the coal enterprisestake up their social responsibility better, this paper researches on the effects of corporatesocial responsibility on enterprise’s performance.On the basis of reading large numbers of related literature, and the status of coalenterprises’corporate social responsibility in China, this paper analyses the effects ofcorporate social responsibility for shareholders, creditors, suppliers, customers, employeesand governments, communities and the environment on enterprise’s performancedialectically, and finds that the advantages outweighs the disadvantages. In the dataanalysis part, firstly, this paper hypothesized that coal enterprises take upcorporate socialresponsibility can improve enterprise’s performance,then takes the Shanghai and ShenzhenStock Exchange’s28listed coal enterprises’financial data from2008to2011as researchsamples, and analyses the samples in description analysis, correlation analysis, regressionanalysis and panel data analysis. The resultverifies the hypothesis, and shows that thesocial responsible which corporate holds forshareholders, creditors, suppliers, employees,customers, and government is positively correlated withenterprise’s performance. Thanksto the time factor, the effects of social responsibility for communities may be not positivecorrelated with enterprise’s performance in a short time. Lastly, the result of theoreticalanalysis and analytic demonstration are discussed and summarized, and the relative advices of promoting coal enterprises’ corporate social responsibility in China are proposed.