Do CEO Rhetorical Strategies Affect Corporate Social Performance? Evidence from China

Chang Liu, Shouming Chen and Qiuyue Shao
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Chang Liu: School of Economics and Management, Tongji University, Shanghai 200092, China
Shouming Chen: School of Economics and Management, Tongji University, Shanghai 200092, China
Qiuyue Shao: School of Economics and Management, Tongji University, Shanghai 200092, China

Sustainability, 2019, vol. 11, issue 18, 1-21

Abstract: How can chief executive officers (CEOs) persuade employees to participate in corporate social responsibility (CSR) activities, so as to enhance firms’ corporate social performance (CSP)? The purpose of this study is to examine the relationship between CEO rhetorical strategies and firms’ CSP. According to Aristotle’s classification, we divide CEO rhetorical strategies into three categories: pathos, ethos, and logos, using the text analysis method. We apply a Probit model to predict whether CEOs use rhetorical strategies and then adopt fixed-effect multiple regression models to measure the impact of various rhetorical strategies on CSP. An empirical analysis based on data on the listed manufacturing companies in the Shanghai Stock Exchange and Shenzhen Stock Exchange from 2014 to 2016 shows that both CEO pathos strategy and CEO logos strategy have positive effects on CSP; however, the relationship between the CEO ethos strategy and CSP is not significant. Our findings contribute to upper echelons theory and CSR research and provide suggestions for CEOs to apply proper rhetorical strategies.

Keywords: CEO rhetorical strategies; corporate social performance; CSR communication (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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