Heterogeneous Corporate Social Responsibility, Technological Innovation and Firm Performance - the Moderating Effect of Environmental Regulation

DOI

10.2991/978-94-6463-326-9_16How to use a DOI?

Keywords

Corporate Social Responsibility; Technological Innovation; Firm Performance; Environmental Regulation; Heterogeneity

Abstract

Based on the stakeholder theory, we take the data of listed companies on the main board of Shanghai and Shenzhen from 2014 to 2020 as the object to study the relationship between heterogeneous social responsibility and corporate performance, and examine the mediating role of technological innovation and the moderating role of environmental regulation. The results of the study show that: CSR is significantly positively correlated with corporate performance, in which actively fulfilling internal social responsibility will have a positive effect on corporate performance, and undertaking external social responsibility will have a crowding out effect on corporate performance. Technological innovation acts as a significant mediator in the relationship between social responsibility and corporate performance. The impact of technological innovation on firm performance is positively regulated by environmental regulation. When undertaking social responsibility, the greater the intensity of environmental regulation, the lower the performance of enterprises. The results of the study provide experience for promoting the implementation of social responsibility under specific environmental regulations.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Fenghai Zhang
AU  - Jingli Xu
PY  - 2023
DA  - 2023/12/30
TI  - Heterogeneous Corporate Social Responsibility, Technological Innovation and Firm Performance - the Moderating Effect of Environmental Regulation
BT  - Proceedings of the 2023 3rd International Conference on Business Administration and Data Science (BADS 2023)
PB  - Atlantis Press
SP  - 159
EP  - 165
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-326-9_16
DO  - 10.2991/978-94-6463-326-9_16
ID  - Zhang2023
ER  -