Anti-Unfair competition law, corporate financialization, and corporate social responsibility fulfillment

Yingying Zhao and Zhiyu Wang

Finance Research Letters, 2025, vol. 79, issue C

Abstract: Drawing on data from Chinese listed companies from 2011 to 2022, this article examines the relationships between the enforcement of the Anti-Unfair Competition Law (AUCL), the progression of corporate financialization, and the fulfillment of corporate social responsibility (CSR). Findings indicate a significant positive correlation between strict AUCL enforcement and CSR fulfillment, with market competition serving as a partial mediator. Furthermore, a higher degree of corporate financialization appears to support greater CSR engagement.

Keywords: Anti-Unfair competition law; Corporate financialization; Corporate social responsibility; Corporate governance level (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:79:y:2025:i:c:s1544612325003836

DOI: 10.1016/j.frl.2025.107120

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