Internal Control Quality, Corporate Social Responsibility Fulfillment and Enterprise Performance: Evidence from Listed Companies in China’s Pharmaceutical Manufacturing Industry
- DOI
- 10.2991/aebmr.k.210319.138How to use a DOI?
- Keywords
- Internal control quality, Corporate social responsibility, Enterprise performance, Mediating effect
- Abstract
Good internal control environment can stabilize the business environment, guard against operational risks, improve enterprise performance. And effective internal controls can provide a good environment for enterprises to enhance their social responsibility fulfillment, thus forming a good reputation effect, enhance corporate performance. Using data from China’s pharmaceutical manufacturing industry listed companies, from 2015 to 2019, this paper explored the relationship among internal control quality, corporate social responsibility fulfillment and enterprise performance. The research finds: (1) Internal control quality has a significant positive effect on enterprise performance; (2) Internal control quality is significantly positively correlated with corporate social responsibility fulfillment; (3) Corporate social responsibility fulfillment has a partial mediation effect on the relationship between internal control quality and enterprise performance.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Ziyi Zeng AU - Xi Zhang PY - 2021 DA - 2021/03/22 TI - Internal Control Quality, Corporate Social Responsibility Fulfillment and Enterprise Performance: Evidence from Listed Companies in China’s Pharmaceutical Manufacturing Industry BT - Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021) PB - Atlantis Press SP - 739 EP - 745 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210319.138 DO - 10.2991/aebmr.k.210319.138 ID - Zeng2021 ER -