| Summary: | As the competition among countries becomes more and more intense, returnee talents with international experience play a significant role in promoting economic performance as the scarce resource, not only from the organisational level but also from the individual level, especially in developing countries. Meanwhile, the public attention has been attracted by corporate social responsibility (CSR) since the 1990s with the development of the economy.
As a part of firm performance, CSR is influenced by the international experience of returnee senior managers as well, which is shown in prior research. Using the sample comprised of Chinese listed companies which are rated by RKS system during the period of 2015 to 2017, this paper investigates the relationship between international experience possessed by returnee senior managers and corporate social performance. The regression analysis reveals that both the existence and the percentage of returnee senior managers with international experience have a positive relationship with corporate social performance (i.e. CSR performance). And this effect is greater when the percentage of returnee senior managers in the top management team is higher. Furthermore, the detailed analysis shows that international work experience has a more profound impact on corporate social performance than international study experience.
This paper expands the growing body of research on the determinants of corporate social performance and the economic consequences of returnee senior managers. The empirical evidence also has implications for the government to implement national policies and for companies to recruit returnee senior managers with international experience.
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