Online Archive of University of Virginia Scholarship
The Effects of Corporate Social Responsibility on Financial Performance: Evidence from Chinese Listed Companies749 views
Author
Li, Manhang, McIntire School of Commerce, University of Virginia
Advisors
Chen, Zhaohui, McIntire School of Commerce, University of Virginia
Abstract
As China continues to increase its influence at the global stage, its firms have been acknowledging the greater importance of Corporate Social Responsibility (CSR) practices. The Chinese government plays a crucial role in integrating CSR domestically. This paper explores the relationship between Chinese firms’ CSR activities on its financial performances. After analyzing a complete dataset of Chinese listed companies, the results suggest that there is indeed an impact of CSR activities on company sales performance. This result is more visible once the companies are classified into large and small firms. CSR actives have a significant, positive impact on large firm’s future sales, but a significant negative impact on small firm’s future sale.
Degree
BSC (Bachelor of Science in Commerce)
Keywords
China; CSR; Gouvernement influence; Corporate Social Responsibility ; Sichuan earthquake
Notes
Global Commerce Scholar
Language
English
Rights
All rights reserved (no additional license for public reuse)
Li, Manhang. The Effects of Corporate Social Responsibility on Financial Performance: Evidence from Chinese Listed Companies. University of Virginia, McIntire School of Commerce, BSC (Bachelor of Science in Commerce), 2018-05-16, https://doi.org/10.18130/V3TX3560Z.
