 Chinese national civilized city and corporate social responsibility: will civilized city promote corporate social responsibility?Kuang-Cheng Chai, De-Cong Xie, Chin-Piao Yeh, Hao-Ran Lan and Zhen-Xin Cui Applied Economics Letters, 2022, vol. 29, issue 7, 593-596 Abstract: The continuous improvement of China’s status in the world economy has also promoted China’s urban construction. The Chinese government proposes to build a more civilized and more sustainable city, and awards National Civilized City Award (NCCA) to cities that meet the standards. In order to obtain the title of NCCA, local governments use administrative power and formulate relevant laws to have a profound impact on local enterprises, such as assuming more corporate social responsibilities. Based on the data of listed enterprises in China from 2012 to 2018, the PSM-DID method is used to empirically test the impact of NCCA on corporate social responsibility (CSR). The result shows that the NCCA campaign has significantly improved the CSR of local enterprises; NCCA has a greater positive impact on CSR to customer and environmental. The research links the creation of a civilized city with CSR for the first time, reflecting the Chinese characteristics that policies have a significant impact on enterprises. Date: 2022 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:29:y:2022:i:7:p:593-596 Ordering information: This journal article can be ordered from DOI: 10.1080/13504851.2021.1877250 Access Statistics for this article Applied Economics Letters is currently edited by Anita Phillips More articles in Applied Economics Letters from Taylor & Francis Journals |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.