Author(s)

Chunyan Shao ¹

Affiliation(s)

¹ School of Accountancy, Shandong University of Finance and Economics, Jinan, Shandong, China

Corresponding Author

Chunyan Shao

ABSTRACT

This paper studies the influence of the degree of marketization in the region on the fulfillment of social responsibility of cultural enterprises and the effect of ultimate property right on the relationship between marketization degree and social responsibility of cultural enterprises through empirical methods. The research shows that compared with the state-owned cultural enterprises, the social responsibility implementation level of private cultural enterprises is higher; the higher the degree of marketization in the area where cultural enterprises are located, the higher the level of corporate social responsibility fulfillment; compared with the state-owned cultural enterprises, the degree of marketization has a more significant role in promoting the social responsibility implementation of private cultural enterprises. Therefore, we should speed up the process of marketization in our country and guide cultural enterprises to improve their performance level of social responsibility according to the nature of ultimate property rights.

KEYWORDS

Nature of ultimate property, Degree of marketization, Cultural enterprises, Corporate social responsibility

CITE THIS PAPER

Chunyan Shao, Nature of Ultimate Property, Degree of Marketization and Corporate Social Responsibility of Cultural Enterprises. Accounting and Corporate Management (2022) Vol. 4: 58-64. DOI: http://dx.doi.org/10.23977/acccm.2022.040208.

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