An Empirical Study On The Relationship Between Performance Of Corporate Social Responsibility And Corporate Performance Of Listed Companies In China's Manufacturing Industry

Since the reform and opening up,the extensive development model of high energy consumption,high material consumption,and high pollution adopted by Chinese enterprises has achieved rapid economic growth to some extent,but at the same time it also exposed environmental pollution,network information security,and food and drug safety.With a series of social issues,as these problems continue to intensify and people's awareness of their own rights and interests continues to increase,societies from all Wwalks of life are increasingly demanding that companies fulfill their social responsibilities.However,due to corporate social responsibility,they will inevitably increase operating costs,leading to At present,most domestic companies have shown an attitude of ignoring or even evading the issue of fulfilling their social responsibilities.Therefore,it is particularly critical to study the relationship between the performance of corporate social responsibility and the performance of enterprises in the current environment.On the basis of fully considering the reliability of sample data,this paper uses 1,286 listed manufacturing companies in China as an effective sample,conducts empirical research according to the data provided,and explores the relationship between corporate social responsibility and corporate operating performance.First,a large number of relevant documents in the field were collected and sorted out domestically and abroad to find the theoretical support for this research.On this basis,a shareholder(CSR1),creditor(CSR2),customer(CSR3),supplier(CSR4),and employee(CSR5)were constructed.The six levels of corporate social responsibility index system of the government(CSR6)and the return on equity(ROE)as a measure of the company's operating performance;secondly,the performance of corporate social responsibilities for the two accounting periods in this year and the previous year The company's business performance influences the construction of two linear relationship models;finally,this article uses SPSS 20.0 statistical analysis software to conduct empirical analysis.The final result shows that the fulfillment of corporate social responsibility can improve its business performance.The effect of corporate social responsibility for different levels of stakeholders on their performance is different,and the impact of corporate social responsibility on the performance of their business is continuous.This paper points out the future research directions In this field,and to a certain extent,it supplements the related theories in this field,It can serve as a reference for the company's strategic decision-making and internal control system construction,govemment policy formulation,and public legal rights maintenance.