Constraints on "Doing Good": Financial constraints and corporate social responsibility

被引：36

作者：

Leong, Chee Kian ^{[1
]}

Yang, Yung Chiang ^{[2
]}

机构：

[1] Univ Nottingham, Ningbo, Peoples R China

[2] Univ Coll Dublin, Singapore, Singapore

来源：

FINANCE RESEARCH LETTERS | 2021年 / 40卷

关键词：

Propensity score matching; Financial constraints; Corporate social responsibility;

D O I：

10.1016/j.frl.2020.101694

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Using a propensity score matched sample of firms, we find that financially constrained firms have significantly higher CSR concerns, which significantly impairs their overall CSR performance. Firms facing financial constraints may prioritize by strengthening their CSR performance in employee relations, corporate governance and the environment. Despite such prioritization, financial constraints significantly impair overall CSR performance in all CSR dimensions, except human rights.

引用

页数：6

共 50 条

[21] Social responsibility and financial performance: The role of good corporate governance
Rodriguez-Fernandez, Mercedes
[J]. BRQ-BUSINESS RESEARCH QUARTERLY, 2016, 19 (02) : 137 - 151
[22] The conjoint effects of corporate social responsibility performance and report tone on financial constraints: Evidence from China
Ge, Chuanlu
Cheng, Hengsen
Niu, Qingrun
Yang, Miao
[J]. PACIFIC-BASIN FINANCE JOURNAL, 2024, 87
[23] Corporate acquisitions and financial constraints
Khatami, Seyed Hossein
Marchica, Maria-Teresa
Mura, Roberto
[J]. INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2015, 40 : 107 - 121
[24] Doing Well or Doing Good: The Relationship between Corporate Social Responsibility and Profit in Romanian Companies
Hategan, Camelia-Daniela
Sirghi, Nicoleta
Curea-Pitorac, Ruxandra-Ioana
Hategan, Vasile-Petru
[J]. SUSTAINABILITY, 2018, 10 (04)
[25] Does doing good always lead to doing better? Consumer reactions to corporate social responsibility
Sen, S
Bhattacharya, CB
[J]. JOURNAL OF MARKETING RESEARCH, 2001, 38 (02) : 225 - 243
[26] Corporate social responsibility: Doing the most good for your company and your cause
Perrini, F
[J]. ACADEMY OF MANAGEMENT PERSPECTIVES, 2006, 20 (02) : 90 - 93
[27] Doing good, feeling good? corporate social responsibility and CEOs' self-perceived status
Li, Jiatao
Mao, Kaixian
Lu, Peng
[J]. ASIA PACIFIC JOURNAL OF MANAGEMENT, 2023,
[28] Constraints under the Halo: The Constraining Effect of Corporate Reputation on Corporate Social Responsibility Behavior
Ye, Fangbing
Han, Xuze
Li, Xin
[J]. SUSTAINABILITY, 2024, 16 (19)
[29] Strategic attributions of corporate social responsibility and environmental management: The business case for doing well by doing good!
Camilleri, Mark Anthony
[J]. SUSTAINABLE DEVELOPMENT, 2022, 30 (03) : 409 - 422
[30] Doing well by doing good? Normative tensions underlying Twitter's corporate social responsibility ethos
Busch, Thorsten
Shepherd, Tamara
[J]. CONVERGENCE-THE INTERNATIONAL JOURNAL OF RESEARCH INTO NEW MEDIA TECHNOLOGIES, 2014, 20 (03): : 293 - 315

← 1 2 3 4 5 →