社会责任信息披露与财务舞弊关系实证研究

随着经济全球化的不断推进，中国负责任的大国形象深入人心，对中国企业履行社会责任的要求不断提高。截至2019年我国资本市场被频繁曝出财务舞弊行为，使中国企业履行社会责任的动机备受质疑。本文基于利益相关者理论，运用Logistic模型从投资者视角实证检验企业社会责任与财务舞弊之间关系。实证结果表明：企业社会责任与财务舞弊相互作用，相互影响。财务舞弊会抑制企业社会责任的履行；社会责任履行质量又反作用于财务舞弊，低质量企业社会责任与财务舞弊的发生显著负相关，达到某一临界值后，相对高质量的社会责任与财务舞弊的发生无显著关系；股权性质对财务舞弊和企业社会责任关系有抑制作用，但不影响社会责任质量与财务舞弊之间的关系。

An Empirical Study on the Relationship between Social Responsibility Information Disclosure and Financial Fraud

With the continuous development of economic globalization, China''s responsible image of a big country is deeply rooted in the hearts of the people, and the requirements for Chinese enterprises to fulfill their social responsibilities are constantly improving. As of 2019, China''s capital market has been frequently exposed to financial fraud, which makes the motivation of Chinese enterprises to fulfill social responsibility questioned. Based on stakeholder theory, this paper uses Logistic model to empirically test the relationship between corporate social responsibility and financial fraud from the perspective of investors. The empirical results show that corporate social responsibility and financial fraud interact and influence each other. Financial fraud can inhibit the performance of corporate social responsibility; the quality of social responsibility performance is reversed Financial fraud, low quality corporate social responsibility and the occurrence of financial fraud are significantly negatively correlated. After reaching a certain critical value, relatively high quality social responsibility has no significant relationship with the occurrence of financial fraud; The nature of equity inhibits the relationship between financial fraud and corporate social responsibility, but does not affect the relationship between social responsibility quality and financial fraud.