论文部分内容阅读
企业在遵守基本政策规定的基础上,应更多地履行自己的社会责任,这样不仅有利于经济的持续发展,而且可以促进企业价值的提升。本文基于利益相关者理论,论述企业履行社会责任对企业与利益相关者关系产生的影响,进而对企业价值产生的影响。以泰达环保指数公布企业为例证,将企业的市盈率与企业所属行业的平均市盈率进行比较,得出指数公布企业的市盈率在一定程度上高于行业平均的结论,市盈率高低可以反映资本市场对企业的评价,反映企业的价值。因此此例证可以在一定程度上说明企业履行社会责任对企业价值的正的影响。
On the basis of abiding by the basic policies and regulations, enterprises should fulfill their social responsibilities more, which is not only conducive to the sustainable development of economy, but also promotes the improvement of enterprise value. Based on stakeholder theory, this article discusses the impact of corporate social responsibility on the relationship between business and stakeholders, and then the impact on corporate value. Taking the TEDA Environmental Index as an example, the P / E ratio of the enterprise is compared with the average price-earnings ratio of the industry to which the enterprise belongs. The conclusion is that the P / E ratio of the index is higher than the industry average to a certain extent. Evaluation, reflecting the value of the enterprise. Therefore, this illustration can explain to some extent the positive impact of corporate social responsibility on corporate value.