Volume 30, Issue 1, 2021
DOI: 10.24205/03276716.2020.2016
The impact of CSR fulfillment on Corporate performance in China
Abstract
This study using the panel data analysis and research of China's 2006-2019, a total of more than 30000 enterprises to fulfill social responsibility influence on corporate performance, corporate performance by market performance and organization performance, enterprises to perform social responsibility index used for the government's responsibility, corporate social responsibility of creditor's rights, the responsibility of the enterprise to shareholders, the corporate social responsibility for suppliers, the enterprise social responsibility to the staff of five indicators, and combined with the company size, debt ratio, and control variables enterprise listed the length of time for study. This study found that most of the performance index of two performance of social responsibility has a positive impact, in addition and breakpoint regression was used to study the property attribute to fulfill social responsibility on corporate performance have different effects, caused by different property found company management goal of different also directly affect the company to fulfill all kinds of social responsibility on corporate performance after produce different results, through the different results to explain the results of their company's business goals and the status of the well.
Keywords
Social Responsibility, Company Performance, Panel Data, Regression Discontinuity