Doing good in periods of political turnover: the turnover of local officials, local corruption and corporate social responsibility

Jingjing Huang ()
Additional contact information
Jingjing Huang: Nanjing University of Science & Technology

Eurasian Business Review, 2023, vol. 13, issue 4, No 3, 833 pages

Abstract: Abstract This study analyzes the relationship between the turnover of local officials and corporate social responsibility with the moderating role of the local corruption under the Chinese context. Using merged data from 2357 Chinese listed firms operated in 219 cities over the time period 2010 to 2018, corporate social responsibility (CSR) is deconstructed and re-estimated into optimal CSR and excessive CSR. It is found that city-level political turnover positively affects both types of CSR. Local corruption mitigates the positive political turnover-optimal CSR relationship while exerting no significant effect on the political turnover-excessive CSR relationship. These findings remain valid in various robustness settings. Our findings have important implications for practitioners and policymakers in understanding corporate policy making in an emerging market.

Keywords: Optimal corporate social responsibility; Excessive corporate social responsibility; Political turnover; Corruption; Political uncertainty; China (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s40821-023-00247-2 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:eurasi:v:13:y:2023:i:4:d:10.1007_s40821-023-00247-2

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/40821

DOI: 10.1007/s40821-023-00247-2

Access Statistics for this article

Eurasian Business Review is currently edited by Marco Vivarelli

More articles in Eurasian Business Review from Springer, Eurasia Business and Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().