CSR and Sustainable Growth in China’s Technology Firms between 2010 and 2021

Chen Ma (), Changjiang Yu () and Yasir Latif
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Chen Ma: School of Economics and Management, Shangrao Normal University, No. 401, Zhimin Avenue, Shangrao 334001, China
Changjiang Yu: School of Economics and Management, Shangrao Normal University, No. 401, Zhimin Avenue, Shangrao 334001, China
Yasir Latif: Newcastle Business School, University of Newcastle, Callaghan 2308, Australia

Sustainability, 2023, vol. 15, issue 3, 1-24

Abstract: In this study, we examine the relationships between CSR (e.g., CSR aimed at employees, customers, suppliers, and governments) and firm sustainable growth, and how dysfunctional competition moderates these relationships. Based on resource dependence theory, we argue that CSR aimed at four chosen groups of stakeholders (e.g., employees, customers, suppliers, and governments) is positively related to firm sustainable growth and that the levels of dysfunctional competition will positively moderate these relationships. Our results, using a sample of technology firms in China, provide support for these arguments. We find that CSR aimed at employees, customers, suppliers, and governments is positively related to firm sustainable growth. In addition, using the contingence approach, we find that CSR aimed at the four chosen groups of stakeholders has a stronger positive relationship with firm sustainable growth when the level of dysfunctional competition is high than when it is low. Our findings have important theoretical and managerial implications, which are discussed in this study.

Keywords: corporate social responsibility; firm sustainable growth; dysfunctional competition; institutional contexts (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
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