Corporate Social Responsibility, Corporate Governance and Investment Efficiency—Based on the empirical data of listed company on GEM

DOI

10.2991/msie-16.2016.68How to use a DOI?

Keywords

GEM; Corporate social responsibility; Corporate governance; Investment efficiency.

Abstract

This paper examines correlation between the corporate social responsibility and investment efficiency by selecting 2013-2015 data sample of 43 companies on GEM and using principal component analysis and multiple regression analysis, and corporate governance as an intermediary variables into the research system, the establishment of intermediary effects model to explore the social responsibility, corporate governance, investment efficiency of the mechanism. The result show that corporate social responsibility has positive correlation with investment efficiency, that social responsibility information disclosure the better the quality, the higher the investment efficiency; and improving the corporate governance structure can improve the positive correlation between corporate social responsibility and investment efficiency, and by the concept of social responsibility into corporate governance among, and improve investment efficiency, and enhance corporate value.

Copyright

© 2016, 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  - Zhilan Huang
AU  - Xine Zhao
PY  - 2016/10
DA  - 2016/10
TI  - Corporate Social Responsibility, Corporate Governance and Investment Efficiency—Based on the empirical data of listed company on GEM
BT  - Proceedings of the 2016 International Conference on Management Science and Innovative Education
PB  - Atlantis Press
SP  - 307
EP  - 310
SN  - 2352-5398
UR  - https://doi.org/10.2991/msie-16.2016.68
DO  - 10.2991/msie-16.2016.68
ID  - Huang2016/10
ER  -