Corporate social responsibility and collaborative innovation: The role of government support

Ji, Huanyong; Miao, Zhongzhen

doi:10.1016/j.jclepro.2020.121028

Cited by 59 publications

(43 citation statements)

References 57 publications

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“…Although Non-SOEs need to use external financing and financial assets to alleviate the shortage of funds, their innovation intention cannot be affected by financialization directly. This suggests that CSR dominates R&D activities in non-state-owned enterprises, which is similar to the findings of Ji and Miao [ 53 ]. As for financial constraints, high-polluting firms with low financial constraints can use sufficient resources to promote the activities of technological innovation.…”

Section: Discussionsupporting

confidence: 87%

How High-Polluting Firms Suffer from Being Distracted form Intended Purpose: A Corporate Social Responsibility Perspective

Zhao

Chen

et al. 2020

IJERPH

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High-polluting industries are regarded as the main sources of air pollutant emissions and the major factors that significantly destroy the ecological environment. Corporate innovation in high-polluting industries improves the energy consumption efficiency and reduces the emission of air pollutant, which mitigates the conflict between environment and economy. Using the sample of China’s listed firms from 2010 to 2017, this study examines the impact of corporate social responsibility (CSR) and financialization on corporate innovation in high-polluting industries. The results show that there is a positive association between CSR and corporate innovation, while there is a negative association between financialization and corporate innovation. Furthermore, the financialization of high-polluting firms can alleviate the promotion role of CSR in the innovation process. The financialization of state-owned enterprises in high-polluting industries may not have a crowding-out effect on research and development (R&D), but it can limit the R&D promotion effect of CSR engagements. In contrast, the financialization of non-state-owned enterprises will hinder corporate innovation, but it will not affect the association between CSR and technology innovation. We also find that the financialization of high-polluting firms with low financial constraints can alleviate the promotion role of CSR engagements in innovation. Meanwhile, the CSR engagements of high-polluting firms with high financial constraints play a stronger role in corporate innovation. During the implementation of environmental policies, the negative association between financialization and corporate innovation has been strengthened. Our findings can encourage high-polluting firms to make more efforts in environmental protection and social stability.

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Section: Discussionsupporting

confidence: 87%

How High-Polluting Firms Suffer from Being Distracted form Intended Purpose: A Corporate Social Responsibility Perspective

Zhao

Chen

et al. 2020

IJERPH

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“…Second, prior literature has indicated that enterprises' social environmental responsibility could enhance the innovation [55]. Our study focused on private enterprises and we found that private enterprises need to increase their environmental responsibility more.…”

Section: Policy Implicationsmentioning

confidence: 79%

Environmental Effects of Credit Allocation Structure and Environmental Expenditures: Evidence from China

Yang

Liu

et al. 2021

Sustainability

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This article studies how the allocation structure of bank credit capital between state-owned and private enterprises and government environmental expenditures affect environmental pollution in China. The present literature argues that credit allocation and government environmental expenditures may play an important role in environmental quality improvement. However, these studies rarely consider the credit allocation structure between State-owned enterprises (SOEs) and private enterprises; in addition, they overlook the interaction effects of credit allocation and government environmental expenditures. Based on these, we put forward three hypotheses. Moreover, the study applies relevant spatial data for 2011–2017 from 31 provinces in China to a spatial econometric model, and the results indicate that (1) environmental pollution among provincial regions shows a significant positive spatial autocorrelation. (2) Environmental expenditures and environmental pollution display an inverse U-shaped relationship, which supports the numerical simulation results. (3) The interaction effect of credit allocation structure and environmental expenditures on environmental pollution is significantly positive, which means that the allocation of more credit capital to private enterprises will restrain the effect of government environmental expenditures. With the increasing significance of environmental protection in China, it is necessary to strengthen the supervision of private enterprises’ environmental pollution behavior, expand government expenditures on ecological protection, and promote regional collaborative environmental governance to improve environmental quality.

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“…However, little attention has been paid to the role of CSR on internal organizational processes. So far, in this regard, some studies tried to determine the impact of CSR on the innovation ( Briones Peñalver et al., 2018 ; Broadstock et al., 2019 ; Ji et al., 2020 ), employees' commitment and job satisfaction ( Ahmad et al., 2020 ; Bouraoui et al., 2019 ; Hammouda and Junoh, 2019 ), but still there is much less information about the mutual effect of CSR and organizational leadership (OL) as an important influential internal factor on the firm's performance. This is while, the importance of leadership role in advancing the goals of the organization is known to all.…”

Section: Hypothesis Developmentmentioning

confidence: 99%

How does organizational leadership contribute to the firm performance through social responsibility strategies?

Saeidi

Robles

Saeidi

et al. 2021

Heliyon

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Despite the wide-ranging studies on Corporate Social Responsibility (CSR), firm performance, and Organizational Leadership (OL), there have been only a few studies examining the inter-relationship between them. Accordingly, this investigation has tried to investigate how OL contributes to the firm's performance through the CSR strategies. It has an internal orientation to CSR motivations compared to the existing studies that mostly considered the external factors in implementing of CSR in firms; also, it has a comprehensive view toward the firm's performance by considering both financial and non-financial aspects of performance. It could be said that this study has tried to answer the question of whether or not CSR can be as a mediator between the OL and firm performance. Data collection was performed from 285 manufacturing and consumer products firms located in Malaysia during the four-month period of June-September of 2020. AMOS Structural Equation Modeling (AMOS-SEM) method was applied to analyze the model. Following the Baron and Kenny approach in testing the hypotheses, it was found that the relationships of OL and financial performance, as well as OL and non-financial performance were partially mediated by CSR. In addition, the non-financial performance was found as a full mediator between the OL and financial performance. Further, the results revealed two full mediated relationships in this way that non-financial performance was a full mediator variable between CSR and financial performance, as well as CSR and nonfinancial performance which were found as two multiple full mediators between OL and financial performance. The results help Malaysian managers to understand their current status, capabilities, strong points and weaknesses in leadership regarding to CSR. Moreover, due to the positive effects of CSR on both firm's financial and non-financial performance, CSR is recommended to be integrated in leadership style and the organizational strategies in order to having better performance.

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Corporate social responsibility and collaborative innovation: The role of government support

Cited by 59 publications

References 57 publications

How High-Polluting Firms Suffer from Being Distracted form Intended Purpose: A Corporate Social Responsibility Perspective

How High-Polluting Firms Suffer from Being Distracted form Intended Purpose: A Corporate Social Responsibility Perspective

Environmental Effects of Credit Allocation Structure and Environmental Expenditures: Evidence from China

How does organizational leadership contribute to the firm performance through social responsibility strategies?

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