媒体报道、内部控制与企业社会责任信息披露——基于医药制造业上市公司的经验数据

以2011-2017年我国医药制造业上市公司为研究对象，实证考察媒体报道、内部控制与企业社会责任信息披露之间的关系。研究结果表明:(1)媒体报道越多，企业社会责任信息披露水平越高。(2)相较于内部控制质量高的样本企业，媒体报道对企业社会责任信息披露的正向作用在内部控制质量较低的样本企业中表现更为显著。研究不仅有助于加深对媒体报道作为企业社会责任信息披露水平调节器的理解，而且指出企业可以从公司内部治理的角度来提升企业社会责任信息披露水平。

Media Reports, Internal Controls and Corporate Social Responsibility Disclosure: Evidence From Listed Companies in the Pharmaceutical Manufacturing Industry

This paper takes the listed companies in China''s pharmaceutical manufacturing industry as the research object from 2011 to 2017, we investigated the correlation between media reports, internal control and corporate social responsibility information disclosure. The results show that: (1)the more media reports, the higher the level of corporate social responsibility information disclosure. (2)Compared with sample companies with high internal control quality, the impact of media reports on corporate social responsibility information disclosure is more pronounced in sample companies with lower internal control quality. This research not only helps to deepen the understanding of media reports as a regulator of corporate social responsibility information disclosure, but also points out that enterprises can enhance the level of corporate social responsibility information disclosure from the perspective of internal corporate governance.