Effect of perceived status of entrepreneur on firm's CSR behavior: Evidence from Chinese private enterprises survey

Zhiyong Niu, Xiaoyan Zhou and Hongzhou Pei

Finance Research Letters, 2021, vol. 39, issue C

Abstract: Social status has increasingly been recognized as a powerful force in people's lives. In this study, we investigate the influence of entrepreneur's perceived status on firm's donation engagement. In addition, we explore the moderating influences of several organisational characteristics including firm size and institutional environment. Our theory and findings highlight that one's perceived status exhibits a positive effect on donation, while the moderators have negative effect on this relationship. By examining this novel entrepreneurial characteristic, we offer important implications for the application of social status and upper echelons theory on research.

Keywords: Entrepreneur; Status perception; CSR; Donation (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:39:y:2021:i:c:s1544612319313145

DOI: 10.1016/j.frl.2020.101561

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