房地产上市公司社会责任信息披露对融资约束的影响研究Research on the Influence of Social Responsibility Information Disclosure on Financing Constraints in the real estate listed companies 中文摘要房地产上市公司社会责任信息披露对融资约束的影响研究摘 要：当前中国经济形式处于稳定发展阶段，越来越多的海内外企业通过兼并、重组来扩大自己的市场份额，随之而来的融资约束是企业必须面临的现实问题。许多企业积极地承当社会责任以及披露社会责任报告，让相关利益者更多地认识到企业的发展情况，从而不断地提高核心竞争优势。本文起首提出了基于社会责任信息披露与融资约束理论分析的假设：企业的社会责任信息披露质量越高，融资约束程度就越低；其次按照所有权性质对所选的房地产上市公司进行分类，比较不同的房地产企业的融资约束程度，证实房地产企业履行社会责任对减轻融资约束的作用。然后对披露社会责任报告的房地产上市公司进行评级得分，社会责任报告披露质量作为调节变量，把企业面临的融资约束作为因变量建立实证模型。最后，凭据实证研究，得出的结论是企业社会责任信息披露质量越高，融资约束程度就越低；对于国有企业而言，民营企业社会责任报告披露质量对融资约束影响更大。最后，根据这一结论提出建议。关键词：房地产行业；社会责任；社会责任信息披露；融资约束毕业论文外文摘要Research on the Influence of Social Responsibility Information Disclosure on Financing Constraints in the real estate listed companiesAbstract: At present, China's economic form is in a stable development stage. More and more domestic and foreign enterprises are expanding their market share through mergers and reorganizations. The ensuing financing constraints are the real problems that enterprises must face. Many companies actively assume social responsibility and disclosure of social responsibility report, so that stakeholders are more aware of the development of enterprises, so as to continuously improve the core competitive advantage. This paper first puts forward the hypothesis based on the analysis of social responsibility information...
