Impact of Corporate Social Responsibility on Organizational Resilience in Construction Firms—A Study from China

Teng Ma, Huiling Wang () and Ying Qu
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Teng Ma: College of Economics and Management, Hebei University of Science and Technology, Shijiazhuang 050091, China
Huiling Wang: College of Economics and Management, Hebei University of Science and Technology, Shijiazhuang 050091, China
Ying Qu: College of Economics and Management, Hebei University of Science and Technology, Shijiazhuang 050091, China

Sustainability, 2024, vol. 16, issue 19, 1-15

Abstract: Construction industry enterprises involve many stakeholders and are highly vulnerable to systemic risk. Whether managers can pay attention to the implementation of social responsibility in construction enterprises and achieve the synergistic development of stakeholders and organizational resilience is crucial to the future of their enterprises. However, how construction companies can achieve a resilient organization by fulfilling social responsibility is still a “black box problem”. Based on a fixed effects model that eliminates time trends from influencing the results, this study explores the role of the mechanism in the relationships among CSR performance, disclosure, and organizational resilience in the construction industry. This study finds that the disclosure of CSR reports enhances organizational resilience in the construction industry, making companies more resistant and resilient. Subdividing the different dimensions of CSR reveals that the fulfillment of social responsibility to shareholders, society, and employees has a significant effect on the organizational resilience of construction firms. This study deepens the understanding of the relationship between CSR activities and the organizational resilience of construction firms, contributing to the theoretical foundations and managerial references for achieving sustainable corporate development.

Keywords: construction firms; organizational resilience; corporate social responsibility (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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