A Study on the Relationship Between Corporate Social Responsibility and Debt Default Risk--The Mediating Role of Financial Performance

摘要：

　　In recent years,there have been frequent occurrences of corporate debt defaults,and the corporate credit crisis has gradually deepened.It is imperative to identify the factors that affect debt default risk.This paper takes the corporate financial performance as a mediating variable and uses the mediating effect analysis model to study the relationship between Corporate Social Responsibility(CSR)and debt default risk.The findings and contributions are as follows:(1)CSR positively influences debt default risk.(2)CSR can improve the financial performance of the companies and provide a solid economic foundation to repay their debt smoothly.(3)Financial performance plays a mediating role in the relationship between CSR and debt default risk.

关键词： Corporate Social Responsibility Debt Default Risk Financial Performance

作者: Zhang Yuemei Geng Wenjuan

作者单位: Faculty of Management and Economics,Dalian University of Technology,Dalian,China,116024

会议类型: 国际会议

会议名称: The 10th (2018)International Conference on Financial Risk and Corporate Finance Management(第十届(2018)金融风险与公司金融国际研讨会)

会议地点: 大连

会议语种:英文

页码: 40-45

在线出版日期: 2018-07-06（万方平台首次上网日期，不代表论文的发表时间）