Research On The Relationship Between Managerial Ability And Corporate Social Disclosure

In the process of transformation from rapid development to high-quality development,China is faced with the coordination problems of environmental protection,sustainable development and rapid economic development.Enterprises have been given more and more social responsibilities,and the performance of corporate social responsibility has also attracted more and more attention from the society.How to promote enterprises to undertake social responsibility and conduct social responsibility information disclosure has become an important research content,this paper discusses the problem of enterprise social responsibility information disclosure from the perspective of enterprise management,and the topic selection has certain theoretical and practical significance.The paper studies the relationship between management ability and social responsibility information disclosure,according to the research idea of "dynamic-affects-consequences",based on literature analysis and theoretical analysis,the relationship between management ability and corporate social responsibility information disclosure.The paper constructs the DEA-Tobit two-stage regression model to measure the management ability,analyze the management ability and social responsibility information disclosure research situation,the paper combined with high ladder team theory and stakeholders theory put forward research hypothesis,construct the multiple regression model,using the data of A-share listed companies on the management ability and social responsibility information disclosure of empirical research.The study of equity structure variables such as equity concentration,equity balance and proportion of tradable shares are introduced to analyze the adjustment influence of equity structure on correlation.Finally,the following conclusion:management ability to the influence of the disclosure of social responsibility information,namely the enhancement of management ability can promote corporate social responsibility information disclosure level,and different governance structure will affect the correlation,equity concentration and checks and balances can supervise the management,their promotion will inhibit the management ability and social responsibility information disclosure,the increase of tradable shares will give more power management,further promote the management ability and social responsibility information disclosure relationship.Further classification research also found that the impact of equity structure on the relationship between management ability and social responsibility information disclosure was not significant in state-owned enterprises,but more significant in non-state-owned enterprises.The influence of equity concentration and the proportion of tradable shares on the management ability and social responsibility information disclosure is more significant in the environment of fierce competition in the product market,and the influence of equity balance is more significant when the competition in the product market is weak.Therefore,according to the empirical research,the paper puts forward suggestions to improve the enterprise environmental information disclosure:to strengthen the performance of enterprise social responsibility from the two aspects of strengthening external supervision and internal governance.Paper from the perspective of governance mechanism and product competition market to study the relationship between management ability and social responsibility information disclosure,enrich the mechanism of social responsibility information disclosure,research the management management and enterprise green development theory,to improve the quality of social responsibility information disclosure and promote the development of green has certain reference significance.