Research On The Influences Of The Responsibility Fulfillment Of The Listed Agricultural Companies

Nowadays, with the rapid development of economy, the company itself, as the main body of micro-economy, has been closely linked with its corporate responsibility, ethics, and environment and so on. With the increase in corporate social and moral issues worldwide "socially responsible consumers" increasing rapidly "socially responsible consumers’purchase decisions based largely on its corporate social responsibility performance. International organizations and various community groups are beginning to attention of corporate social responsibility to fulfill. The Government is also actively involved, to develop a series of laws, rules and regulations.As the listed companies leading the national economy, its exemplary role is self-evident. Agricultural Listed Companies With industry particularity, its operations directly affect people’s daily lives, protect human health is the inescapable social responsibility. However, there are still many agricultural listed companies create a series of "shocking" events, such as "waste oil "event, Shuanghui" lean "events. These events make public attention on agricultural listed companies’social responsibility rapidly increased, the demands from the public on agricultural listed companies to fulfill their social responsibility become more urgent. So how to evaluate the agricultural listed companies’ social responsibility effectively becomes even more important; Agricultural Listed Companies Corporate Social Responsibility linked to financial performance, which will enable agricultural listed companies will be more emphasis on social responsibility.This paper selects seven categories of stakeholders indicators based on earlier studies, social contribution rate is calculated with reference to the calculation of scores for each stakeholder responsibility, using factor analysis to extract principal components, forming the evaluation system of agricultural listed companies’social responsibility. Research on the sample principal component factor score for each enterprise and social responsibility scores were to understand the present, China’s agricultural listed companies social responsibility to fulfill the status quo. The research has concluded to the total scores and the scores of the three principal components, with a descriptive statistical analysis of the responsibilities fulfillment of agricultural listed companies, the author tries show the current situation of the responsibilities fulfillment of agricultural listed companies.This paper selects return rate on total assets and operating profit growth rate as a measure of financial performance to measure profitability and growth respectively, using SPSS 18.0 statistical software to test samples of corporate social responsibility fulfillment impact on the financial performance, the following conclusions:Small part of the agricultural listed companies concerned about environmental responsibility, and some began to focus on public welfare and vulnerable groups. Agricultural listed companies for investors and the government’s responsibility have a positive effect on return rate on total assets, the business-to-government obligations for operating profit growth has a positive effect. Aside from investors, there’s no relationship between the fulfillment of the responsibility for the other stakeholders with corporate profitability. Aside from government, there’s no relationship between the fulfillment of the responsibility for the other stakeholders with business growth.Test results are not satisfactory, probably because of the following reasons:X4 has a larger proportion of Y2.The financial indicators are too small, leading to the conclusion imperfect. The number of samples is small, and there is the particularity of the several corporations operating in 2012.Operating profit growth exists " lag effect" affected by a number of accounting periods.the "output" of the community and environmental responsibility also exists "lag effect".This paper argues that the reasons for the lack of agricultural listed companies to fulfill their social responsibility can be powered from three aspects:agricultural listed companies to fulfill their social responsibility has not yet formed a good atmosphere.the ability of agricultural listed companies to fulfill their social responsibilities is weak.The system is flawed, do not place.For agricultural listed companies fulfilling their social responsibilities, here gives the following advice from business, government and society:The companies ought to improve the quality of entrepreneurs, strengthen the building of enterprise culture, and establish the governance mechanisms and performance evaluation system based on the social responsibility. Besides, the companies should also promote management and technology innovation concerning the stakeholder basis. The Government and authorities should raise the awareness of social responsibility, strengthen the construction and supervision of laws and regulations, improving corporate disclosure system and establishing scientific evaluation standards of corporate social responsibility. The community ought to foster the consumer awareness of social responsibility. When the civil society organizations are involved in the fulfillment of corporate social responsibility, the news media should guide and encourage enterprises to reduce the damage to the stakeholders so as to promote corporate to fulfill social responsibility.