Corporate Social Responsibility and Firm Performance in Chinese Listed Companies
Abstract: The purpose of this study is to demonstrate the correlation between corporate social responsibility and firm performance in Chinese listed companies. According to stakeholder theory and legitimacy theory, corporate social responsibility (CSR) has a positive effect on corporate performance....
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2022
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| Online Access: | https://eprints.nottingham.ac.uk/67522/ |
| _version_ | 1848800429873299456 |
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| author | Shi, Xiaoxian |
| author_facet | Shi, Xiaoxian |
| author_sort | Shi, Xiaoxian |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | Abstract: The purpose of this study is to demonstrate the correlation between corporate social responsibility and firm performance in Chinese listed companies. According to stakeholder theory and legitimacy theory, corporate social responsibility (CSR) has a positive effect on corporate performance. This dissertation uses a sample of 3,583 A-share enterprises listed on the Shenzhen and Shanghai stock exchanges from 2009 to 2019. Ordinary least squares (OLS) regression is used as the basic method in this paper. The result shows that there is a positive link between corporate social responsibility (CSR) and firm performance in listed firms in China. This means when companies in China have better corporate social responsibility, they can gain better financial performance. This study also conducts a series of robustness tests. In all additional tests, the results are consistent. Furthermore, by studying the impact of corporate social responsibility of Chinese listed companies on corporate performance, this paper has enriched the current literature on corporate social responsibility. Thus, this paper has implications for the development of corporate social responsibility in China and other developing countries.
Keywords: corporate social responsibility (CSR); firm performance; stakeholder theory; legitimacy theory; China |
| first_indexed | 2025-11-14T20:51:26Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-67522 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T20:51:26Z |
| publishDate | 2022 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-675222023-04-25T12:32:33Z https://eprints.nottingham.ac.uk/67522/ Corporate Social Responsibility and Firm Performance in Chinese Listed Companies Shi, Xiaoxian Abstract: The purpose of this study is to demonstrate the correlation between corporate social responsibility and firm performance in Chinese listed companies. According to stakeholder theory and legitimacy theory, corporate social responsibility (CSR) has a positive effect on corporate performance. This dissertation uses a sample of 3,583 A-share enterprises listed on the Shenzhen and Shanghai stock exchanges from 2009 to 2019. Ordinary least squares (OLS) regression is used as the basic method in this paper. The result shows that there is a positive link between corporate social responsibility (CSR) and firm performance in listed firms in China. This means when companies in China have better corporate social responsibility, they can gain better financial performance. This study also conducts a series of robustness tests. In all additional tests, the results are consistent. Furthermore, by studying the impact of corporate social responsibility of Chinese listed companies on corporate performance, this paper has enriched the current literature on corporate social responsibility. Thus, this paper has implications for the development of corporate social responsibility in China and other developing countries. Keywords: corporate social responsibility (CSR); firm performance; stakeholder theory; legitimacy theory; China 2022-03-10 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/67522/1/20147335_BUSI4153_2021_22.pdf Shi, Xiaoxian (2022) Corporate Social Responsibility and Firm Performance in Chinese Listed Companies. [Dissertation (University of Nottingham only)] |
| spellingShingle | Shi, Xiaoxian Corporate Social Responsibility and Firm Performance in Chinese Listed Companies |
| title | Corporate Social Responsibility and Firm Performance in Chinese Listed Companies |
| title_full | Corporate Social Responsibility and Firm Performance in Chinese Listed Companies |
| title_fullStr | Corporate Social Responsibility and Firm Performance in Chinese Listed Companies |
| title_full_unstemmed | Corporate Social Responsibility and Firm Performance in Chinese Listed Companies |
| title_short | Corporate Social Responsibility and Firm Performance in Chinese Listed Companies |
| title_sort | corporate social responsibility and firm performance in chinese listed companies |
| url | https://eprints.nottingham.ac.uk/67522/ |