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企业社会责任与企业价值的相关性分析--以医药制造业为例

Study on the Correlation between Corporate Social Responsibility and Corporate Value--A Case of Pharmaceutical Industry

中文摘要英文摘要

企业社会责任是当前社会的热点问题,对企业社会责任的履行与企业价值之间的相关性尚未形成统一论断。本文基于2007-2011年深沪两市58家医药制造业上市公司的面板数据,对企业社会责任表现与企业价值之间的关系进行回归分析。研究结果显示:从长期看,企业对股东、客户、供应商和政府的社会责任履行与企业价值显著正相关,对职工的社会责任履行与企业价值显著负相关,对债权人社会责任履行上与企业价值之间的相关性不显著。

orporate social responsibility is currently a hot issue in society. The correlation between corporate social responsibility and corporate value has not yet formed a unified conclusion. This paper selected the sample data from 58 companies of Pharmaceutical Industry,which listed in The Shanghai Stock Exchange and Shenzhen Stock Exchange during 2007-2011, then draw several conclusions after using regression analysis on the correlation between corporate social responsibility and corporate value: in the long term, companies fulfilling social responsibility to shareholders, customers, suppliers and government have a significant positive correlation with corporate value, companies fulfilling social responsibility to staffs has a negative correlation with corporation value, companies fulfilling social responsibility to creditors has no significant correlation with corporation value.

郑立群、邬珊珊

经济学经济计划、经济管理药学

企业社会责任企业价值医药制造业

corporate society responsibilitycorporate valuePharmaceutical Industry

郑立群,邬珊珊.企业社会责任与企业价值的相关性分析--以医药制造业为例[EB/OL].(2015-09-07)[2025-08-16].http://www.paper.edu.cn/releasepaper/content/201509-60.点此复制

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