企业社会责任战略如何缓解融资约束--实现路径与经验证据

本文在文献回顾的基础之上结合企业实践，深入分析了企业社会责任战略与企业融资约束间的关系。文章提出承担社会责任可以改善企业相关利益者关系，社会责任信息披露可以降低了企业的信息不对称，通过这两条路径，企业社会责任战略降低了企业的融资约束，进而为企业创造价值。相关的理论分析得到了经验证据的支持，这为企业战略管理和融资实践提供了理论支持和经验参考。

How Corporate Social Responsibility Strategy Eases the Financing Constraints---Realizing Path and Empirical Evidence

On the basis of literature review combined with the enterprise practice, this paper further analyzes the relationship between the strategy of corporate social responsibility and financing constraints. The article put forward the social responsibility can improve enterprise stakeholders relations, social responsibility information disclosure can reduce the information asymmetry, through these two paths, corporate social responsibility strategy reduced the enterprise financing constraints, and create value for the enterprise. Related empirical evidence supported the theory analysis, and this provides theory support and experience reference for the enterprise strategic management and financing practice.