The Research On Corporate Governance And Social Responsibility Information Disclosure Of Small And Medium-sized Board Companies In China

Western countries and China had the same history that the country economicwas developing quickly with the environment destruction，so the participants inthe market economy thought how to develop economic healthy．At the same timeit becomes the hot focus to research corporate social responsibility and corporategovernance．Given the experience of mature companies，small and medium-sizedenterprise board of listing Corporation (referred to as the small and medium-sizedboard Companies) to achieve long-term development goals，it is necessary in thedaily operation to explore how to improve the corporate governance and performsocial responsibility．We also assume that the relationship between corporategovernance and social responsibility information disclosure has a certaintheoretical and practical significance for the small and medium-sized boardCompanies to strengthen the social responsibility．This paper is divided into literature review，theory summary and situationanalysis，empirical research, findings and policy recommendations．First of all，introduces the correlation study of disclosure on social responsibilities．Besides，cards the correlation theory of corporate governance and disclosure on socialresponsibilities， also describes status of small and medium-sized boardCompanies in China and the existing problems．Finally，manually sorts the socialresponsibility information with2010-2012years of SME Board companies asresearch sample and uses index evaluation method to estimate information qualityof social responsibilities， structure regression model to do empirical analysis，according to regression results，investigates the impact of the governance of smalland medium-sized board Companies on disclosure on social responsibilitiesrespectively, also raises advice to improve corporate governance．This study shows us some conclusions．The higher of the concentration ofownership is，the lower of social responsibility information disclosure levelis．The chairman of the board charged general manager has a negative impact onsocial responsibility information disclosure．The higher of proportion ofindependent director and the larger of the board of supervisors is，the higher ofthe level of social responsibility information disclosure is．In addition，bases onthe empirical results，puts forwards that perfecting the corporate governancestructure to improve the level of social responsibility information disclosure．This paper provides empirical evidence for understanding the influencing factors ofinformation disclosure of social responsibility of small and medium-sized boardCompanies，but also provide policies for the improvement of corporategovernance structure to improve the social responsibility information of SMEBoard Companies in China．...