Journal ArticleDOI
Political Connection, Ownership Structure, and Corporate Philanthropy in China: A Strategic-Political Perspective
TLDR
Li et al. as discussed by the authors investigated whether philanthropic giving decisions and amount of charitable giving are related to firms' political connections and ownership type, and found that a significant and positive relationship between political connections, state ownership and the likelihood and extent of firm contributions was found in Chinese firms listed on either the Shenzhen or Shanghai stock exchange between 2004 and 2011.Abstract:
This paper investigates whether philanthropic giving decisions and amount of charitable giving are related to firms’ political connections and ownership type. To this end, Chinese firms listed on either the Shenzhen or Shanghai stock exchange between 2004 and 2011 are examined, where government interference in the business sector is prevalent, state ownership structure is dominant, and corporate political connections prevail. Our analyses show (1) a significant and positive relationship between political connections and the likelihood and extent of firm contributions; (2) a significant and negative relationship between state ownership and extent of firm contributions; and (3) a stronger relationship between political connections and corporate philanthropy in non-state-owned firms. These findings with regard to the relationship between corporate giving, political connections, and ownership type have important implications for understanding corporate giving behavior in China and in emerging markets in general.read more
Citations
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Corporate Governance Meets Corporate Social Responsibility: Mapping the Interface:
TL;DR: Despite ample research on corporate governance (CG) and corporate social responsibility (CSR), there is a lack of consensus on the nature of the relationship between these two concepts and on how t...
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Independent directors' background and CSR disclosure
TL;DR: In this paper, the background of independent directors may affect the way in which their companies disclose information about corporate social responsibility (CSR), using a sample of 83 Spanish-listed firms over the period 2009-2014.
Journal ArticleDOI
Corporate political connection and corporate social responsibility disclosures: A neo-pluralist hypothesis and empirical evidence
TL;DR: In this article, the authors examined the association of corporate political connection with the level of voluntary corporate social responsibility (CSR) disclosures to determine how the relationships between the state and the corporate sector influence CSR engagement.
Journal ArticleDOI
Impact of Corporate Environmental Responsibility on Operating Income: Moderating Role of Regional Disparities in China
TL;DR: In this paper, the authors collected data from the Fortune 500 Chinese firms to investigate the moderating role of regional disparities in affecting the performance results of corporate environmental management efforts based on the institutional theory.
Journal ArticleDOI
Corporate social responsibility and financial performance : the roles of government intervention and market competition
TL;DR: In this article, the authors examined the relationship between CSR and corporate financial performance in China's unique institutional context, which is featured by the coexistence of a strong government and a transitional market economy.
References
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