企业社会责任与企业并购研究文献述评

摘要

企业社会责任一直是备受社会各界关注的话题，近年来经过国内外相关学者的深入研究，企业社会责任涉及的领域正在不断拓宽。最近的相关文献表明，企业社会责任正在“涉足”企业并购领域。通过回顾企业社会责任在并购领域的相关文献发现：资源获取是利益相关者理论和契约理论二者的连接点，从而为获取资源而实施的并购提供了理论基础；社会责任是影响并购结果的重要因素；并购理论引导企业去选择并购目标，并购目标和并购方的企业自身特点及社会责任的评估结果会影响并购方或者并购后企业的市场表现。%Corporate social responsibility ( CSR) is a heat. Recently, scholars in lots of fields have focused on CSR. Recent literatures have shown that managers take CSR into consideration when implementing merger or acquisition. When the article review the literatures about the correlation between mergers and acquisitions and CSR, the article finds that the acquisition of resources is the key joint point, which connects stakeholder theory with contract theory to provide theoretical basis for the merger and acquisition for resources;CSR is the important factor for the results of merger and acquisition;the theory of merger and acquisition directs the corporations to select the objects, and the features and the evaluation of CSR of the objects and the acquirers will affect the market assessment of the acquirers or the corporations after the implement.