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Business groups and corporate social responsibility: Evidence from China

Title:

Business groups and corporate social responsibility: Evidence from China

Guo, Mengmeng, He, Luo and Zhong, Ligang (2018) Business groups and corporate social responsibility: Evidence from China. Emerging Markets Review . ISSN 15660141 (In Press)

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Official URL: http://dx.doi.org/10.1016/j.ememar.2018.05.002

Abstract

This study investigates the impact of firms' business group affiliations on their performance in corporate social responsibility (CSR) in the context of China. We find that firms with a dual-status of simultaneously being a business group member and a state-owned enterprise (SOE) have weaker CSR performance. Our finding is consistent with the view that CSR engagement is a strategy for firms to pursue political legitimacy from the government and seek legitimacy in general from the public. The business group affiliation and the SOE identity together afford legitimacy to the firm and reduce its need to conduct CSR activities.

Divisions:Concordia University > John Molson School of Business > Accountancy
Item Type:Article
Refereed:Yes
Authors:Guo, Mengmeng and He, Luo and Zhong, Ligang
Journal or Publication:Emerging Markets Review
Date:21 May 2018
Funders:
  • National Natural Science Foundation of China
  • Fonds Québécois de la Recherche sur la Société et la Culture
  • University of Windsor for the 2016 Research & Teaching Innovation Fund
Digital Object Identifier (DOI):10.1016/j.ememar.2018.05.002
Keywords:Corporate social responsibility (CSR); Business group; State-owned enterprise (SOE); Legitimacy; China
ID Code:983896
Deposited By: MICHAEL BIRON
Deposited On:28 May 2018 14:35
Last Modified:28 May 2018 14:35

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