The Study of the Relationship Between Corporate Social Responsibility and Corporate Value

Abstract With the deepening economic globalization and rapid development of China's economy, profit pursuit is accompanied by workers' rights, product quality, environmental pollution and many other issues, corporate social responsibility has become an irresistible trend. The dissert...

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Bibliographic Details
Main Author: Hu, Yawen
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2017
Online Access:https://eprints.nottingham.ac.uk/46020/
Description
Summary:Abstract With the deepening economic globalization and rapid development of China's economy, profit pursuit is accompanied by workers' rights, product quality, environmental pollution and many other issues, corporate social responsibility has become an irresistible trend. The dissertation tries to construct corporate social responsibility evaluation system from the perspective of stakeholder theory, and attempts to use this system to analyse the relationship between corporate social responsibility and corporate value. In order to achieve the purpose of enhancing corporate social responsibility awareness and encourage enterprises fulfill social responsibility actively. Firstly, the dissertation described the background and significance of the study, reviewed corporate social responsibility, corporate value and stakeholder theory, summarized the literature of the relationship between corporate social responsibility and corporate value. Secondly, established corporate social responsibility evaluation system from shareholders. And analyzed impact on the company value which takes action to fulfill responsibility through using the samples companies as the basis and SPSS 17.0 for data analysis, to explore the relationship between company value and corporate social responsibility based on the stakeholder theory. Through the study it can be found that enterprises fulfill their social responsibility has a positive impact on the corporate value. The dissertation proposed policy recommendations and suggestions to the manufacturing companies in China on the basis of empirical study conclusion. Keywords: Corporate Social Responsibility, Corporate Value, Stakeholder