The Research of Relationship between Central Enterprises Social Responsibility and Corporate Performance

China’s economy has been in a period of rapid development over the past decades. However, the increasing amount of gross domestic product usually based on the environmental pollution and resource plunder. In this condition, it is important to balance the corporate social responsibility and corporate performance. The paper conducted an empirical study of the relationship between corporate performance and corporate social responsibility of 99 listed Central Enterprises with the panel data from 2010 to 2014. The main empirical results demonstrate that corporate social responsibility and corporate performance have mutual promoted effects. Hence, Central Enterprises should take the social responsibility when trying to increase the corporate profits. Aus. Aca. Acc & Fin. Rev Vol  3(4),  Oct 2017, P 173-178