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Indexed by:会议论文

Date of Publication:2016-01-01

Included Journals:CPCI-SSH

Page Number:205-211

Key Words:Listed Companies; Social Responsibility; Financial Management Target; Energy Corporations

Abstract:This paper researches 50 Chinese energy listed companies from 2007 to 2014, inspects the relationship between CSR (corporate social responsibility) and financial management target. The results shows that, first, when accounting index and market index serve as explained variable, fulfilling responsibility of shareholder, creditor and government would promote enterprise to realize financial goals. Second, when accounting index serves as explained variable, fulfilling responsibility of consumer would have negative impact on short-term financial performance but have a positive role in promoting market index.