Discussion on the Impact of Social Responsibility Disclosure on Company Financial Efficiency

Sustainable development is the trend of the times and businesses cannot stand outside this trend. As society increasingly develops, issues of social responsibility in production and business activities of enterprises are increasingly concerned, the practice and disclosure of corporate social responsibility information is considered a tool for businesses to communicate sustainable development activities to society. When businesses disclose social responsibility information, this has certain effects on the financial performance of the business. Therefore, within the scope of this article, the author has clarified issues related to social responsibility, social responsibility information disclosure and financial performance, and stated the theories used as a basis. theory when discussing the impact of social responsibility information disclosure on corporate financial performance. The results found show that disclosing social responsibility information has a positive impact on corporate financial performance. However, there are also some studies showing reduced corporate financial performance and in some cases, no relationship between these two variables is seen.