Determinants of Managerial Values on Corporate Social Responsibility: Evidence from China
Liangrong Zu () and
Additional contact information
Liangrong Zu: ILO International Labour Organization
No 3449, IZA Discussion Papers from Institute of Labor Economics (IZA)
This paper empirically investigates how Chinese executives and managers perceive and interpret corporate social responsibility (CSR), to what extent firms’ productive characteristics influence managers’ attitudes towards their CSR rating, and whether their values in favour of CSR are positively correlated to firms’ economic performance. Although a large proportion of respondents express a favourable view of CSR and a willingness to participate in socially responsible activities, we find that the true nature of their assertion is linked to entrepreneurs’ instincts of gaining economic benefits. It is the poorly-performing firms, or rather, firms with vulnerable indicators – smaller in size, State-owned, producing traditional goods and located in poorer regions that are more likely to have managers who opt for a higher CSR rating. Managers’ personal characteristics per se are not significant in determining their CSR choice. Moreover, controlling for other observed variables, we find that managers’ CSR orientation is positively correlated with their firms’ performance. The better-off a firm is, the more likely its manager is to get involve in CSR activities. Firms with better economic performance before their restructuring would sustain higher post-restructuring performance.
Keywords: corporate social responsibility; China; profit maximisation (search for similar items in EconPapers)
JEL-codes: M14 M21 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cna and nep-tra
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Published in: Journal of Business Ethics, 2008, 88, (1), 105-117
Downloads: (external link)
Journal Article: Determinants of Managerial Values on Corporate Social Responsibility: Evidence from China (2009)
Working Paper: Determinants of Managerial Values on Corporate Social Responsibility: Evidence from China (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp3449
Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany
Access Statistics for this paper
More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().