A literature review of the relationship between CSR and CFP in China

DOI

10.2991/978-94-6463-098-5_16How to use a DOI?

Keywords

Corporate Social Responsibility; Corporate financial performance; Stakeholders

Abstract

Academic research on corporate social responsibility (CSR) gradually matures with developments and changes. Studies on the relationship between CSR and corporate financial performance (CFP) have clarified understanding in developed countries such as Europe and the United States. However, a historical review of this relationship is lacking for developing countries, especially China. This paper aims to review the relationship between CSR and CFP through theoretical, methodological, and empirical aspects, and in particular, how this relationship is applied to the development of Chinese firms. The results show that the correlation between CSR and CFP is diverse in academic cognition, and using CSR in different contexts is still of broad discussion value in future research. Finally, this paper provides a historical review of CSR and CFP study in Chinese enterprises, which not only has theoretical value to supplement the academic lack, but also offers practical value for the development and CSR implementation in Chinese enterprises.

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  - Linruyuan Tan
AU  - Jing Feng
PY  - 2022
DA  - 2022/12/27
TI  - A literature review of the relationship between CSR and CFP in China
BT  - Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)
PB  - Atlantis Press
SP  - 132
EP  - 138
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-098-5_16
DO  - 10.2991/978-94-6463-098-5_16
ID  - Tan2022
ER  -