The Relationship Between Corporate Social Responsibility and Financial Performance: From the Perspective of Stakeholder Theory

摘要

The relationship between corporate social responsibility and corporate financial performance has always been a controversial issue. In recent years, more and more scholars believe that better handling the relationship between enterprises and stakeholders and fulfilling corporate social responsibility are crucial to the sustainable development of enterprises. Especially for the construction industry which will result some social issues, the study of the effects of corporate social responsibility on financial performance is more necessary. Based on the analysis of previous literature and stakeholder theory, this paper discusses the internal mechanism of social responsibility and financial performance of listed companies in the construction industry, and concludes that corporate social responsibility is positively correlated with financial performance through empirical analysis.