Research on the Impact of Social Responsibility of Foreign-funded Enterprises in China on Profitability

Abstract

This article uses the “China Corporate Social Responsibility Research Report” issued by the Chinese Academy of Social Sciences, and selects 36 Chinese foreign-funded enterprises that have been continuously selected as the top 100 Chinese foreign-funded enterprises during the ten years from 2009 to 2018. The impact of social responsibility on profitability. The research results show that under the condition of controlling the influence of enterprise scale, corporate social responsibility has a positive effect on profitability. Suggestions are made for this: enterprises should establish a sound information disclosure system, countries and regions should strengthen the construction of a socially responsible environment, and enterprises and governments should establish a good communication mechanism.