Research on the impacts of corporate sustainability reporting disclosure of chinese food enterprises on financial performance Zandi Gholam Reza*, Jiyang Chen, Abdullah Naziruddin Universiti Kuala Lumpur (UniKL) Business School, Malaysia *Corresponding author: zandi@unikl.edu.my (ORCID ID: 0000-0001-9517-8474)
Online Published on 19 January, 2024. Abstract With the proposal and continuous updating of sustainable development concept in China, actively assuming social responsibility by enterprises has become a direct manifestation of the progress of the times. While operating and developing, food enterprises should not only focus on their own profits, but also fulfill their social responsibilities. The article analyzes the causes of food safety issues that have emerged in the Chinese food industry, and proposes to focus on improving the skills and qualities of enterprise employees, constructing a policy system for food safety supervision and management, in order to provide beneficial insights for promoting sustainable development of enterprises. At the same time, using a combination of theoretical and empirical analysis methods, this study explores the impact of sustainable development responsibilities on financial performance of enterprises, providing strong support for enterprises to actively disclosure their Corporate Sustainability Reporting, and promoting listed companies in the food industry to attach importance to future sustainable development. Highlights • The article analyses the causes of food safety issues in the Chinese food industry and proposes improving enterprise employees’ skills and qualities, constructing a policy system for food safety supervision and management, and promoting sustainable enterprise development. Top Keywords Sustainability Reporting, Financial Performance, Food Industry. Top |