2019
DOI: 10.3390/su11020354
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Corporate Social Responsibility Practices in China: Trends, Context, and Impact on Company Performance

Abstract: This study analyzes the trends, context, and impact of corporate social responsibility (CSR) initiatives on company’s performance and productivity in China. We use environmental and social responsibility data in 34,000 CSR projects released by 839 companies in 31 provinces from 2006 to 2016. Clustering methods as wells as ordinary least squares and the fixed effects panel regression modeling are performed to provide insights on the context, trends, and impact of CSR projects on companies’ productivity and fina… Show more

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Cited by 64 publications
(59 citation statements)
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References 58 publications
(46 reference statements)
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“…SRHRM is an academically compound construct connecting the CSR domain and the HRM literature. With the ongoing development of globalization and rising concern for social problems, how to practically implement CSR values into business practices is an urgent issue [27,28]. In response to this challenge, several scholars proposed the idea of implementing CSR with human resource management practices, that is, SRHRM.…”
Section: Srhrmmentioning
confidence: 99%
“…SRHRM is an academically compound construct connecting the CSR domain and the HRM literature. With the ongoing development of globalization and rising concern for social problems, how to practically implement CSR values into business practices is an urgent issue [27,28]. In response to this challenge, several scholars proposed the idea of implementing CSR with human resource management practices, that is, SRHRM.…”
Section: Srhrmmentioning
confidence: 99%
“…Early scholarly work has suggested a number of personal‐, firm‐ and institutional‐level determinants of CSR, including psychological factors related to chief executive officers (CEOs), stakeholder attribution, reputation effects, enterprises’ features, governance structures, and financial performance (Hu, Lin, & Hsu, 2018; Jha & Cox, 2015; Kim, Kim, & Qian, 2018; Mohammad & Husted, 2019; Neri, Pinnington, Lahrech, & Al‐Malkawi, 2019; Oh, Chang, & Jung, 2018). However, despite the substantial scholarly attention paid in recent years to CSR in North America and Western Europe, information has been limited with respect to CSR perceptions and practices in emerging countries (Li, Khalili, & Cheng, 2019), resulting in the Western‐centric nature of CSR academic publications (Yin & Zhang, 2012).…”
Section: Introductionmentioning
confidence: 99%
“…On the other hand, there is no doubt that the traditional distinction between systems of corporate governance focusing on the shareholder and those that focus on stakeholders is important for the CSR strategy [78] and, in this respect, the growing pressure of external stakeholders, including governments, clients, environmental groups and activists, make the companies implement more and more CSR initiatives [79]. It is clear then that CSR practices are becoming more common due to a variety of social, environmental, and economic pressures [80] and this issue has been progressing due to the global changes in society and the way that CSR is perceived in relation to its role in the promotion and support of sustainable development [81]. Thus, research in CSR also has to consider the relevance and application of CSR and its relationship with stakeholders external to the organization; for example, in the case of costumers many tourism corporate responsibility programs require the support of guests, therefore it is necessary to design strategies to encourage guests' adoption of responsible behaviors [82].…”
Section: Discussionmentioning
confidence: 99%