Research on the Influencing Factors of Corporate Social Responsibility Disclosure

Abstract

Based on the theoretical analysis, this paper empirically analyzes the influence of media attention and other factors on the level of corporate social responsibility disclosure based on the panel data of Chinese A-share listed companies from 2013 to 2017. The results found that: goodwill, core management turnover, and financing constraints all have a significant negative correlation with corporate social responsibility disclosure. Media attention has a significant positive impact on the level of corporate social responsibility disclosure. Market competitive position has no significant impact on corporate social responsibility disclosure. This paper suggests that enterprises should be encouraged to take social responsibility, incorporate disclosure of social responsibility information into corporate culture, further strengthen corporate social responsibility awareness, and improve social responsibility information disclosure mechanism.