Analysis on Corporate Social Responsibility Information Disclosures of Listed Transport Sector Companies in China
Zuqiang Zhu
Abstract
Zuqiang Zhu
Abstract
By taking the listed transport sector companies with A-stock as the research objects and using the description analysis and multiple linear regression method,the corporate social responsibility of listed transport sector companies is studied in this paper.The results show:the corporate social responsibility information disclosure in 2008 was significantly better than the previous two years,especially,the number of companies disclosing their corporate social responsibility in independence mode is increasing significantly;On contents of corporate social responsibility disclosures,energy-saving,emission reduction and environment account for majority of the disclosures,but information disclosure of production safety and creditors is not satisfactory;On company characteristics,the companies with big scale and large profitability tend to disclose more social responsibility information;On area distribution of companies,companies in Shanghai and Shenzhen are significantly more willing to disclose more social responsibility information than other areas.
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By taking the listed transport sector companies with A-stock as the research objects and using the description analysis and multiple linear regression method,the corporate social responsibility of listed transport sector companies is studied in this paper.The results show:the corporate social responsibility information disclosure in 2008 was significantly better than the previous two years,especially,the number of companies disclosing their corporate social responsibility in independence mode is increasing significantly;On contents of corporate social responsibility disclosures,energy-saving,emission reduction and environment account for majority of the disclosures,but information disclosure of production safety and creditors is not satisfactory;On company characteristics,the companies with big scale and large profitability tend to disclose more social responsibility information;On area distribution of companies,companies in Shanghai and Shenzhen are significantly more willing to disclose more social responsibility information than other areas.
Key concepts: Business, Corporate social responsibility, Profitability index, Accounting, Social responsibility, Creditor, China, Scale (ratio)