Corporate Social Responsibility, Environmental Product Innovation and Firm Performance: Evidence from Chinese Listed Firms
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作者:
Ning, Lutao
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Queen Mary Univ London, Sch Business & Management, Francis Bancroft Bldg,Mile End Rd, London E1 4NS, EnglandQueen Mary Univ London, Sch Business & Management, Francis Bancroft Bldg,Mile End Rd, London E1 4NS, England
Ning, Lutao
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Pan, Xin
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Queen Mary Univ London, Sch Business & Management, Francis Bancroft Bldg,Mile End Rd, London E1 4NS, EnglandQueen Mary Univ London, Sch Business & Management, Francis Bancroft Bldg,Mile End Rd, London E1 4NS, England
Pan, Xin
[1
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Xu, Xuhong
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Queen Mary Univ London, Sch Business & Management, Francis Bancroft Bldg,Mile End Rd, London E1 4NS, EnglandQueen Mary Univ London, Sch Business & Management, Francis Bancroft Bldg,Mile End Rd, London E1 4NS, England
Xu, Xuhong
[1
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[1] Queen Mary Univ London, Sch Business & Management, Francis Bancroft Bldg,Mile End Rd, London E1 4NS, England
Firms voluntarily incorporating corporate social responsibility (CSR) principles often assume they can benefit from some kind of competitive advantage. Yet, we know relatively little about the impact of different dimensions of CSR activities on firms' environmental innovation or their impact on performance. This paper distinguishes between the strategic and responsive dimensions of CSR and investigates how they affect different kinds of firms' environmental product innovation and the consequential firm performance. Using a unique data set of Chinese listed firms for the period 2008-2014, our empirical findings reveal that strategic CSR fosters sustainable product innovation (SPI) while responsive CSR positively influences pollution prevention product innovation (PPI). Our results further show that SPI mediates the relationship between strategic CSR and firm performance. Theoretical implication is discussed.
机构:
Univ Cantabria Spain, Fac Ciencias Econom & Empresariales, Business Adm Dept, Avda De Los Castros S-N, Santander 39005, SpainUniv Cantabria Spain, Fac Ciencias Econom & Empresariales, Business Adm Dept, Avda De Los Castros S-N, Santander 39005, Spain
Garcia-Piqueres, Gema
Garcia-Ramos, Rebeca
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Univ Cantabria Spain, Fac Ciencias Econom & Empresariales, Business Adm Dept, Santander Financial Inst SANFI, Avda De Los Castros S-N, Santander 39005, SpainUniv Cantabria Spain, Fac Ciencias Econom & Empresariales, Business Adm Dept, Avda De Los Castros S-N, Santander 39005, Spain
机构:
Univ Texas Rio Grande Valley, Robert C Vackar Coll Business & Entrepreneurship, Rio Grande Valley, TX 78539 USAUniv Texas Rio Grande Valley, Robert C Vackar Coll Business & Entrepreneurship, Rio Grande Valley, TX 78539 USA
Xu, Jian
Yang, Xi
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East Stroudsburg Univ Penn, East Stroudsburg, PA 18301 USAUniv Texas Rio Grande Valley, Robert C Vackar Coll Business & Entrepreneurship, Rio Grande Valley, TX 78539 USA
Yang, Xi
Xin, Daqi
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Rensselaer Polytech Inst, Lally Sch Management, Troy, NY 12180 USAUniv Texas Rio Grande Valley, Robert C Vackar Coll Business & Entrepreneurship, Rio Grande Valley, TX 78539 USA
Xin, Daqi
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机构:
Zhou, Wencang
Zhu, Xiaoyang
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机构:
Oklahoma State Univ, Spears Sch Business, Stillwater, OK 74078 USAUniv Texas Rio Grande Valley, Robert C Vackar Coll Business & Entrepreneurship, Rio Grande Valley, TX 78539 USA