Proceedings of the International Conference on Information Economy, Data Modeling and Cloud Computing, ICIDC 2022, 17-19 June 2022, Qingdao, China

Research Article

Multiple Regression Analysis of the Relationship Between Social Responsibility and Performance in Food Manufacturing Industry

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  • @INPROCEEDINGS{10.4108/eai.17-6-2022.2322640,
        author={Shuzhen  Wang and Yue  Wu and Jingnan  Li},
        title={Multiple Regression Analysis of the Relationship Between Social Responsibility and Performance in Food Manufacturing Industry},
        proceedings={Proceedings of the International Conference on Information Economy, Data Modeling and Cloud Computing, ICIDC 2022, 17-19 June 2022, Qingdao, China},
        publisher={EAI},
        proceedings_a={ICIDC},
        year={2022},
        month={10},
        keywords={food manufacturing industry; multiple regression; social responsibility; corporate performance},
        doi={10.4108/eai.17-6-2022.2322640}
    }
    
  • Shuzhen Wang
    Yue Wu
    Jingnan Li
    Year: 2022
    Multiple Regression Analysis of the Relationship Between Social Responsibility and Performance in Food Manufacturing Industry
    ICIDC
    EAI
    DOI: 10.4108/eai.17-6-2022.2322640
Shuzhen Wang1,*, Yue Wu1, Jingnan Li1
  • 1: Hefei University
*Contact email: wsz335@163.com

Abstract

With the awakening of the awareness of rights and interests, stakeholders point the spearhead at the food manufacturing industry. In order to ensure their interests, it is particularly necessary for enterprises to seriously fulfill the responsibilities of all parties concerned. In order to study the relationship between social responsibility and performance of the food manufacturing industry, this paper takes the stakeholder theory as the cornerstone, through the use of a combination of theoretical and empirical methods, and uses SPSS software to make an empirical analysis of the relevant data of the food manufacturing industry from 2018 to 2020. It is concluded that in the current period, the performance of enterprises can be improved by performing duties to shareholders, creditors and the government, while the performance of enterprises can be reduced by performing duties to employees and consumers. Finally, according to the research results, the feasible suggestions are put forward from three angles of enterprise, government and society.