Ttaking the data of 5427 listed companies in Shanghai and Shenzhen Stock Markets from 2009 to 2011 as samples,this paper makes an analysis on the relationship among property rights,social responsibility information and financial constraints.The research findings are listed as follows: Firstly, when company discloses the report about social responsibility, it can reduce the degree of financial constraints. Secondly, to all the companies, the higher the qualities of their social responsibility report are, the greater the effects are. Whats more, the qualities of the report disclosure for nonstatecontrolled companies affect financial constraints more apparently than those for statecontrolled companies.