Internal Control, Social Responsibility and Corporate Financial Performance - Research based on Listed Food and Beverage Company in China

DOI

10.2991/mehss-18.2018.71How to use a DOI?

Keywords

Internal Control; Social Responsibility; Corporate Financial Performance; Sustainable Development.

Abstract

Since the release of "The 12th Five-Year Plan of Food Industry” in 2018, food safety problems have aroused public concern. From the point of view of improving financial performance, this paper analyzes the impact of internal control and social responsibility on financial performance of food and beverage listed companies in Shanghai and Shenzhen stock markets from 2012 to 2016.It is found that: there is a significant positive correlation between internal control and financial performance, social responsibility and financial performance have a positive correlation; internal control and social responsibility jointly promote the operation of the company. Therefore, the food and beverage industry should embed the scientific and standardized internal control system into the enterprise management and management process, at the same time, take on social responsibility at a higher level and in a wider scope, promote the scientific and healthy development of the enterprise, and achieve the established goal. The conclusion provides reference for the sustainable development of enterprises under the "New normal state" of the economy.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Miao Qin
PY  - 2018/04
DA  - 2018/04
TI  - Internal Control, Social Responsibility and Corporate Financial Performance - Research based on Listed Food and Beverage Company in China
BT  - Proceedings of the 2018 International Conference on Management and Education, Humanities and Social Sciences (MEHSS 2018)
PB  - Atlantis Press
SP  - 348
EP  - 356
SN  - 2352-5398
UR  - https://doi.org/10.2991/mehss-18.2018.71
DO  - 10.2991/mehss-18.2018.71
ID  - Qin2018/04
ER  -