首先，在阐述相关理论的前提下，结合当前我国资本市场的现金分红状况，
分析践行社会责任对现金分红产生的作用机理。其次，使用主成分因子法，构
建社会责任综合值来反映企业参与社会活动的程度，作为本文研究的解释变量；
使用 Logit 模型和多元线性回归模型，验证了企业社会责任对现金分红的影响
初步研究发现，企业社会责任对上市公司是否实施现金分红和分红力度产生显
著性影响；通过分组，研究企业性质对社会责任与现金分红关系的影响，发现
这一显著性影响在国企和私企中没有差别；最后,发现社会责任因素不是影响
上市公司股利稳定的因素之一
关键词：企业社会责任；现金股利；利益相关者Abstract
II
ABSTRACT
In 1924 ,Shelton first noticed enterprises should fulfill their social responsibility,
it opened a prelude to the overall world to explore supporting corporate social
responsibility theory and empirical. In the extensive radiation of economic
globalization, Chinas part of enterprises are beginning to realize should bear
consciously social responsibility, integrate corporate social responsibility and their
own competitiveness perfectly. The formation of a force for sustainable
development is based on todays complex world economy among the powerful
weapons. Few scholars from the direct interests of shareholders paper studies the
relationship between assuming social responsibility and shareholder returns. Thus,
this article catch one of the top ten financial challenges Dividend Policy as the
starting point for the impact of corporate social responsibility of listed companies to
distribute cash dividends of theoretical analysis and empirical research.
First, in the elaborate theory of under the premise, with the current situation of
Chinas capital market cash dividend, we analyze the mechanism of social
responsibility to generate cash dividend of practice. Next, using principal components
method to build a comprehensive social responsibility values to reflect the degree of
enterprises to participate in social activities, as the explanatory variables of this study;
Using Logit models and multiple linear regression model to verify the impact of
corporate social responsibility for the cash dividend. Preliminary studies have found
that corporate social responsibility have a significant impact on whether or not the
specific amount listed companies cash dividends and dividends; By grouping,
research firm nature on cash dividends and Social Responsibility, it was found that
there is no significant difference in the impact of state and private enterprises; finally
found that social factors are not the responsibility of one of the factors listed
companies dividend stability.
Keywords: Corporate Social Responsibility; Cash Dividend; Stakeholders目录
III
目录
第 1章 绪论 .......1
1.1 研究背景 ...1
1.2 研究目的和研究意义 .....2
1.2.1 研究目的 .........2
1.2.2 研究意义 .........3
1.3 文献综述 ...3
1.3.1 国外文献综述 .....4
1.3.2 国内文献综述 .....7
1.4 研究内容、方法及技术路线 ..........10
1.4.1 研究内容 ........10
1.4.2 研究方法及本文框架图 ........11
1.5 可能创新点 13
第 2章 企业社会责任与现金股利相关理论 ....14
2.1 企业社会责任概述 ......14
2.1.1 CSR 发展渊源 ....14
2.1.2 CSR 的内涵 ......14
2.1.3 本文对企业社会责任的定义 ....15
2.2 可持续发展理论 ........16
2.3 利益相关者理论 ........17
2.3.1 利益相关者的概念界定 ........17
2.3.2 利益相关者理论为研究企业社会责任提供了方向和方法 ....18
2.4 股利政策相关理论 ......19
2.4.1 代理理论 ........19
2.4.2 信号传递理论 ....20
2.4.3 一鸟在手理论 ....21
第 3章 企业社会责任对现金股利产生影响的机理分析 ......22目录
IV
3.1 证监会出台的现金分红政策 ..........22
3.2 我国现金股利发放现状 ..23
3.3 企业社会责任对现金股利影响的机理分析 ..........25
第 4章 企业社会责任对现金股利影响的实证研究 ..........27
4.1 研究假设 ..27
4.2 样本选取与数据来源 ....28
4.3 变量选择与设计 ........29
4.3.1 被解释变量 ......29
4.3.2 解释变量 ........29
4.3.3 控制变量 ........31
4.4 模型构建 ..32
4.5 企业社会责任的主成分因子分析 ......33
4.6 实证过程与结果分析 ....37
4.6.1 描述性统计 ......37
4.6.2 相关性分析 ......38
4.6.3 回归分析 ........40
4.6.4 稳健性检验 ......42
第 5章 研究结论与政策建议 ....44
5.1 研究结论 ..44
5.2 相关政策建议 ..........45
5.3 研究局限与未来展望 ....47
5.3.1 研究局限 ........47
5.3.2 未来展望 ........47
致谢 ..49
参考文献 ..........50
。。。。。。以上简介无排版格式，详细内容请下载查看
==>>