Research on the Relationship Between Social Responsibility and Systemic Risk

Take China’s Listed Companies as an Example

DOI

10.2991/aebmr.k.210712.048How to use a DOI?

Keywords

ESG, GRI, system risk

Abstract

This paper selects the listed companies with ESG rating from 2017 to 2019, and analyzes the impact of social responsibility and information disclosure on system risk, as well as what kind of companies tend to actively disclose social responsibility. The results show that active disclosure is the key factor to effectively reduce system risk. Those enterprises with sound financial structure, larger scale and younger age are more inclined to actively disclose social responsibility reports. Finally, this paper puts forward policy suggestions from three aspects of enterprises, regulators and investors.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Zhao Waner
PY  - 2021
DA  - 2021/07/12
TI  - Research on the Relationship Between Social Responsibility and Systemic Risk
BT  - Proceedings of the 2021 International Conference on Economic Development and Business Culture (ICEDBC 2021)
PB  - Atlantis Press
SP  - 278
EP  - 281
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210712.048
DO  - 10.2991/aebmr.k.210712.048
ID  - Waner2021
ER  -