基于COSO ERM框架的企业社会责任风险管理研究

企业社会责任风险是指企业不承担或不合理承担社会责任,对企业的可持续发展造成损失的不确定性,其内容包括:法律或合规性风险、人力资源风险、市场营销风险、财务风险、声誉风险.本文借鉴吸收现有风险管理的相关研究成果,融合企业社会责任和企业全面风险管理(ERM)两种理念,构建相互联系、相互促进的六要素企业社会责任风险管理框架.     

论企业社会责任、盈余管理与企业声誉

本文从企业声誉的角度,分别分析了企业实施社会责任战略和盈余管理对于企业声誉的影响,研究了企业社会责任战略与盈余管理之间的关系,以及它们对于企业声誉的综合效应。本次研究着重运用了文献分析法、实证分析法、数学建模法和比较分析法。经过数据分析,本文得出企业实施盈余管理使企业声誉降低;积极的企业社会责任战略能够提高企业声誉,且可以抵御盈余管理对企业声誉的负面影响,甚至能够起到屏蔽的作用。     

论企业社会责任、盈余管理与企业声誉

本文从企业声誉的角度,分别分析了企业实施社会责任战略和盈余管理对于企业声誉的影响,研究了企业社会责任战略与盈余管理之间的关系,以及它们对于企业声誉的综合效应。本次研究着重运用了文献分析法、实证分析法、数学建模法和比较分析法。经过数据分析,本文得出企业实施盈余管理使企业声誉降低;积极的企业社会责任战略能够提高企业声誉,且可以抵御盈余管理对企业声誉的负面影响,甚至能够起到屏蔽的作用。     

产品负面报道冲击下资产负债表直接传染的预防——ERM-IF修正下管理层面探讨

为了预防产品负面报道引发的资产负债表直接传染之类风险,有必要引入企业社会责任(CSR)理念对《企业风险管理-整合框架》(ERM-IF)进行修正,基于此,从管理层面探讨了内部控制预防传染的着力点。     

基于企业社会责任的管理会计框架重构

企业社会责任(CSR)的概念是不断演进的。无论围绕风险管理关注CSR对企业价值的影响,还是投资者结合社会责任投资(SRI)再造投资管理新模式,以及结合CSR与SRI的相关性来重新定位公司治理的作用等,均需要完善管理会计系统,进而重构管理会计的新框架。当前,从CSR的伦理观考察管理会计的框架结构是一种比较现实的选择。     

企业社会责任对营销管理的影响探究

随着我国市场经济竞争的日益激烈,企业在市场经济中的生存和发展变得更加困难．企业中形成社会责任是社会和企业发展的迫切需求,也是一种对企业管理理念的发展和创新,给传统的企业生产和发展理念带来了很大的冲击。企业社会责任不管是对企业营销管理,还是企业的整体战略目标都有很大的影响。本文分析和研究了企业社会责任对营销管理的影响,双此为企业营销管理提供新的思路。     

现代企业风险价值管理问题探讨

企业价值最大化目标获得了越来越多的认同,价值创造日益成为企业的战略与经营目标。但就本质而言,价值目标是在风险调整基础上的预期收益的折现,是承担风险的补偿。事实上企业价值是价值动因在整个企业风险系统的作用下对企业价值贡献的结果。本文依据VBM价值管理理念,探讨了企业风险体系及其对企业价值贡献的影响,进而总结出企业风险价值的若干作用机理,并试图建立始于战略决策、贯穿过程控制、终于业绩考评和责任配置的风险管理循环体系和管理制度。     

内控审计视角下公司治理与企业社会责任研究

在内部控制审计强制执行以及公司治理与企业社会责任融合的背景下,基于综合社会契约理论构建了公司治理与企业社会责任的动态整合框架,即价值创造—利益均衡—责任承担模型,系统分析了在整合框架中公司治理与企业社会责任的双向互动关系以及内部控制审计在整合框架中所发挥的作用,拓展了公司治理与企业社会责任之间相关关系的研究视角,丰富了内部控制审计改革与发展的理论依据。研究发现,内部控制审计对公司治理与企业社会责任的双向互动过程进行调节,在价值创造、利益均衡和责任承担环节中分别发挥着提高透明度、防范风险,促进公平、公正以及监督与约束的作用。内部控制审计的有效执行将有利于规范企业行为,提高公司治理水平,促进企业履行社会责任。     

企业内部控制的人本解读与框架重构

监督、控制企业合理履行社会责任情况、维护和平衡企业各利益相关者的合法权益,是人本经济时代企业内部控制的重要职能。传统企业内部控制以股东为权利轴心、以员工为责任边界,对其他利益相关者权益的漠视造成内部管理冲突和控制危机,从而降低企业绩效及企业经营的可持续性,企业内部控制框架由风险治理向人本治理演进是必然趋势。本文在回顾以人为本的企业内部控制相关文献基础上,分析了"人"和企业内部控制系统的相互作用,提出人本内部控制的概念和构建基础,构建了以利益相关者为导向的、以企业社会责任风险管控为中心的人本内部控制战略框架。     

企业社会责任能抑制盈余管理吗?——基于应规披露与自愿披露的经验研究北大核心CSSCI

本文以2008-2012年我国披露企业社会责任报告的A股上市公司为研究对象,探讨了应规和自愿披露方式下社会责任对盈余管理的抑制作用,以及两种披露方式对盈余管理影响存在的差异,同时验证了企业自愿披露社会责任报告的动机。结果表明:应规披露方式下社会责任对真实盈余管理抑制作用明显;自愿披露方式下对三种盈余管理方式均有显著抑制作用;两种披露方式对盈余管理的影响存在显著差异;自愿披露社会责任报告的企业是出于伦理动机履行社会责任。本文进一步丰富了企业社会责任与盈余管理的研究文献,同时为监管部门制定企业社会责任披露政策提供了经验证据。     

Social impact disclosure and corporate annual reports

Corporate Social Responsibility may be clarified by utilizing the economic concept of externalities. The line-by-line prose in annual reports throws some light on the intensity and nature of these activities. Two independent tests support the concept that annual reports may for some purposes be considered a reasonable surrogate for real activity. Annual reports from eighty-two food-processing corporations are used as a data base to illuminate corporate social responsibility activities, as well as the nature of current disclosure patterns.     

El gobierno corporativo y el comité de auditoría en el marco de la responsabilidad social empresarial

The purpose of this paper is to study the principles of the international standard ISO 26000, and the relation between social responsibility and internal control rules management organizations establish their business and relationship with Corporate Social Responsibility the board of directors and the audit committee to strengthen corporate trust and manage corporate risk. The research is based on a survey of companies listed on the Mexican stock market, in 2011. The variables have been studied using a correlational analysis and the chi-square method. Among the main findings of this work we have companies in this study show high levels of compliance with the principles that are directly related to the legal regulations and the rules of this market, but not with those principles which are voluntary adoption. Also, it was found that compliance has nothing to do with the industry or the age of the company, but rather with the fact it is a stock corporation. On the other hand, companies that care about the observance of the laws, are also those that strengthen governance aspects within them.     

Corporate misconduct,media coverage,and stock returns

This study examines the impact of increased investor attention to corporate misconduct (CM) on stock returns. We show that media coverage provides an important channel through which investor awareness of corporate wrongdoings can be enhanced. Using a unique research setting in Korea based on text analysis during the 2008–2020 period, we find that investors exhibit short-term adverse reactions to CM events. More importantly, the increased social awareness of CM issues through media coverage leads investors to penalize firms more severely. We also find that the adverse reaction to CM events is more prominent for firms with a greater negative media tone and surprise. The combined evidence supports the investor attention theory. Furthermore, the negative effects of CM on stock returns are smaller for firms with positive Corporate Social Responsibility (CSR) and Environmental, Social, and Governance (ESG) reputations, consistent with the insurance theory.     

Firms and social responsibility: A review of ESG and CSR research in corporate finance

We review the financial economics-based research on Environmental, Social, and Governance (ESG) and Corporate Social Responsibility (CSR) with an emphasis on corporate finance. In doing so we focus on the most debated and researched issues. Although a firm's ESG/CSR profile and activities are shown to be strongly related to the firm's market, leadership and owner characteristics as well its risk, performance and value, there still exist conflicting hypotheses and results that we show are not resolved, leading to continued questions and a need for more research.     

公司特征与公司社会责任信息披露——来自我国上市公司的经验证据

本文在自愿性信息披露的研究框架下,结合公司社会责任理论,对我国上市公司的公司特征与公司社会责任信息披露之间关系进行了实证分析。文章选取了1999年到2004年在上海和深圳证券交易所上市交易的石化塑胶行业的A股公司作为研究样本,通过对年报进行内容分析,构建了公司社会责任信息披露指数。实证检验发现:(1)规模越大、盈利能力越好的公司越倾向于披露公司社会责任信息;(2)公司财务杠杆和再融资需求不影响公司社会责任信息披露;(3)包括上市地点和披露期间在内的披露环境对公司社会责任信息披露有显著影响。文章还对公司社会责任信息的提供者、使用者和监管者提出了建议。     

基于公司治理结构的财务控制模式选择

公司治理结构是公司制度的核心,良好的公司治理结构是提高企业经营管理效率的基本要素。科学、有效的内部控制制度,是现代企业实现其经营管理目标的有力保证。公司治理能促使财务控制有效运行,是保证财务控制功能发挥的前提和基础,是实行财务控制的制度环境。财务控制在公司治理中担当的是内部管理监控系统的角色,加强和完善企业财务控制,应从完善公司治理出发完善企业财务控制环境,财务控制作为管理当局为履行管理目标而建立的一系列规则、政策和程序,与公司治理有着密不可分的关系。     

A research note on standalone corporate social responsibility reports: Signaling or greenwashing?

Over the past two decades, more and more U.S. firms are voluntarily issuing costly standalone Corporate Social Responsibility (CSR) Reports. Nevertheless, firms’ motivations for issuing standalone CSR Reports are not clear. In this paper, we consider two different explanations: signaling and greenwashing. The first explanation, signaling, proposes that firms use standalone CSR Reports as a signal of their superior commitment to CSR, which suggests firms with stronger social and environmental records will be more likely to issue standalone CSR Reports as compared to those without. The second explanation, greenwashing, proposes that firms use standalone CSR Reports to pose as “good” corporate citizens even when they do not have stronger social and environmental records. To provide insight into these explanations we compare the CSR performance scores of firms that issue CSR reports to those firms that do not. We control for firm size, leverage, profitability and industry. We find that firms that voluntarily issue standalone CSR Reports generally have higher CSR performance scores, which suggests that firms are using voluntary CSR Reports to publicize stronger social and environmental records to stakeholders.     

The institutionalisation of unaccountability: Loading the dice of Corporate Social Responsibility discourse

This paper reports on an in-depth empirical study into recent government-led Corporate Social Responsibility initiatives in Spain. It is found, based on interviews and document analysis, that processes of stakeholder consultation relating to these initiatives are characterised by debate and a plurality of different viewpoints. However, this polyphony can be contrasted sharply with the institutional outcomes of these processes. Institutional outcomes represent the viewpoints of only a subset of the actors involved in the stakeholder consultation processes. It is consequently inferred that stakeholder consultation processes serve problematic functions: on one level, these processes legitimise dominant discourses on CSR by giving the impression that the latter are the outcome of a democratic dialogue that is free from power relations; on another level, these processes themselves show to heretic social actors the futility of their heresy and thus encourage those actors to actively adopt the dominant discourse. We conclude that business capture of Corporate Social Responsibility is ingrained into institutional processes in that domain. This raises serious questions regarding the potential for civil society actors to engage with and move the signifier of Corporate Social Responsibility in a more challenging direction.