中文摘要：

本文利用我国2005年至2014年A股上市公司财务数据和因子分析法综合考察了企业的财务状况质量与社会责任履行之间的关系。实证检验结果显示：上市公司偿债能力越低，履行社会责任支出越多，国有产权性质和高市场地位对上述结论分别具有正向和负向调节作用。上市公司盈利能力和发展能力越好，履行社会责任支出越多，国有产权性质对上述结论具有正向调节作用。进一步检验发现，企业当期履行社会责任有助于下一期获得政府补助。上述研究结果从信号传递的视角验证了我国上市公司社会责任动机的多元性及其面临的资源约束，对我们深入理解企业社会责任的动机和经济后果具有一定的启示意义。

英文摘要：

Employing A-share listed companies in China from 2005-2014 as a sample, this paper uses factor analysis method to analyze the relationship between the quality of financial position and corporate social responsibility.The empirical results show that： the lower the debt paying ability is, the more the spending on corporate social responsibility is. SOE and higher market position have positive and negative moderating effect on this relationship respectively. The better the profit ability and development ability are, the more the spending on corporate social responsibility is. SOE has positive moderating effect on this relationship. Further study finds that corporate social responsibility is helpful for companies to obtain more government subsidies. The above results verify the diversity of social responsibility motivation and the resource constraints the Chinese listed companies faced from the perspective of signal transmission, which is meaningful to deepen our understanding of the motivation and economic consequence of corporate social responsibility.