Corporate Sustainability, Corporate Social Responsibility, and Information Disclosure

摘要：

Corporate social responsibility (CSR) and corporate sustainability (CS) represent the way companies achieve enhanced ethical standards and a balance of economic, environmental and social imperatives addressing the concerns and expectations of their stakeholders. The level of CSR or CS information disclosure will reflect the harmonious relationship between enterprise and stakeholders. After Baosteels sustainability reports in 2005, more and more listed companies choose to issue CSR or CS reports together with financial reports. Based on the 2006-2008 data from Shenzhen stock exchange in China, the results showed that investors did not positively react to the information of CSR or SR disclosure. It is difficult for stakeholders to acquire valuable information, while investors remain indifferent to those message.

关键词： Sustainability Corporate Social Responsibility Information Disclosure Voluntary

作者: Song, weiwei

作者单位: Accounting Research Development Center/Accounting Department, Chongqing University ofTechnology, P.R.China, 400050

会议类型: 国际会议

会议名称: The 1st International Conference on Sustainable Construction & Risk Management(首届可持续建设与风险管理国际会议)

会议地点: 重庆

会议语种:英文

页码: 1334-1338

在线出版日期: 2010-06-12（万方平台首次上网日期，不代表论文的发表时间）