The Impact of Corporate Social Responsibility on the Quality of Accounting Information in China

High-quality accounting information is crucial for assessing the quality of economic development, which can provide decision support for stakeholders and enhance the efficiency of resource allocation and utilization. This study explores the impact of corporate social responsibility (CSR) performance on accounting information quality using a sample of A-share listed companies in Shanghai and Shenzhen stock exchanges from 2009 to 2022. It is found that CSR undertaking can significantly improve accounting information quality, and this conclusion still holds after a series of robustness and endogeneity tests. The results of the heterogeneity analysis indicate that the effect of CSR performance on the improvement of accounting information quality is more pronounced among state-owned firms, and firms in the central and eastern regions.