The Determinants of Targeted Poverty Alleviation Expenditure for Chinese Listed Firms: A Regional Politicalized CSR Perspective

DOI

10.2991/assehr.k.210121.107How to use a DOI?

Keywords

Targeted poverty alleviation, Targeted poverty alleviation expenditure, Corporate social responsibility

Abstract

Chinese listed firms played an important role in the poverty alleviation battle. Based on the poverty alleviation data release by Chinese listed firms in 2016 and 2017, this paper empirically exam the determinants of poverty alleviation expenditure for listed firms from the three perspectives of political pressure, CSR performance, and signaling motivation. We find that SOEs, larger firms, firms with better CSR performance, and higher demand for communication with external stakeholders demonstrate higher levels of TPA investments. We further find SOEs’ TPA investing is mainly affected by political pressure, especially for SOEs from poverty-stricken regions. But the TPA expenditure of private listed firms is more affected by CSR performance. The overall results suggesting that the TPA practice in China is a form of regional politicalized corporate social responsibility.

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/).

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TY  - CONF
AU  - Xiaobei Huang
AU  - Tiantian Song
PY  - 2021
DA  - 2021/01/23
TI  - The Determinants of Targeted Poverty Alleviation Expenditure for Chinese Listed Firms: A Regional Politicalized CSR Perspective
BT  - Proceedings of the 6th Annual International Conference on Social Science and Contemporary Humanity Development (SSCHD 2020)
PB  - Atlantis Press
SP  - 526
EP  - 531
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210121.107
DO  - 10.2991/assehr.k.210121.107
ID  - Huang2021
ER  -