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 |
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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: |
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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: | 21 May 2020 00:00 |
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