2022
DOI: 10.3389/fpsyg.2022.897444
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Do Chief Executives Matter in Corporate Financial and Social Responsibility Performance Nexus? A dynamic Model Analysis of Chinese Firms

Abstract: This study examined the relationship between Corporate Financial Performance (CFP) and Corporate Social Responsibility Performance (CSRP). Furthermore, it explored the effectiveness of chief executive characteristics as a moderator in the CFP-CSRP nexus. We employed a dynamic sysGMM regression model on 2,439 firm-year observations of Chinese firms. The results reveal that CFP (market-based) has a significant positive impact on CSRP. However, CFP (historical) is significantly negatively related to CSRP. Further… Show more

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Cited by 33 publications
(22 citation statements)
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“…However, the trend is shifting now, and some recent research has focused on the chief executive officer (CEO) and its role in transparency and accountability [7]. Under this prism, researchers have tried to link sustainability and CEO traits (e.g., power, educational background, political ideology, gender, age, experience, personality, media exposure, religiosity, leadership style, and experience) [8][9][10].…”
Section: Introductionmentioning
confidence: 99%
“…However, the trend is shifting now, and some recent research has focused on the chief executive officer (CEO) and its role in transparency and accountability [7]. Under this prism, researchers have tried to link sustainability and CEO traits (e.g., power, educational background, political ideology, gender, age, experience, personality, media exposure, religiosity, leadership style, and experience) [8][9][10].…”
Section: Introductionmentioning
confidence: 99%
“…Despite being a worry on a global scale, the implications of human-caused climate change vary depending on the location, system, family, and community. Because of this, the susceptibility of each object varies ( Adger and Kelly, 1999 ; Adger et al, 2004 , 2006 ; Zahid and Khurshid, 2018 ; Zahid et al, 2022a , b ). This has led some researchers to advocate using local assessments to gauge a region’s vulnerability to climate change ( Deressa et al, 2009 ; Below et al, 2012 ).…”
Section: Introductionmentioning
confidence: 99%
“…A growing body of literature has discussed the volatility spillover from energy consumption to stock markets in developed and developing countries [8][9][10][11][12][13][14]. e primary study in this regard was stepped by Hamilton [15] by focused on the impact of oil prices on the economy of the U.S. and found that sharp fluctuation in oil prices has a significant impact on the economy.…”
Section: Introductionmentioning
confidence: 99%