Study on the Slow-Release Effect of Social Responsibility on Financing under the Node of Enterprise Life Cycle

Abstract

Abstract The relationship between corporate social responsibility (CSR) and financing effect is an important dimension for the quality analysis of Chinese manufacturing industry. The thesis intends to integrate social responsibility factors with the development nodes of manufacturing lifecycle, and dynamically investigates the impacts of financing needs, financing capacity differences, financing options, and financing constraint relief effects of different corporate lifecycle nodes. Then, the thesis makes a logic relationship analysis on the degree and ways of the CSR factors to ease financing constraint of different corporate lifecycle nodes, and designs the analysis framework for companies of each lifecycle node to make use of CSR factors to relieve the effects of financing constraint. Therefore, the literature on the spatial effects of Chinese manufacturing CSR is used to demonstrate the rationality of the analysis framework, and this thesis combines stakeholder theory to describe the framework.