IDEAS home Printed from https://ideas.repec.org/a/mes/emfitr/v58y2022i11p3191-3214.html
   My bibliography  Save this article

Corporate Social Responsibility and High-quality Development: Do Green Innovation, Environmental Investment and Corporate Governance Matter?

Author

Listed:
  • Yan Xue
  • Caidong Jiang
  • Yunxia Guo
  • Jianmin Liu
  • Haitao Wu
  • Yu Hao

Abstract

Under the network public opinion ecology in the Omni-media Era, corporate social responsibility (CSR) performance can provide important internal and external environmental support for improving corporate development quality. Based on the data of Chinese listed companies from 2010 to 2019, this paper evaluates the impact and mechanism of CSR on corporate high-quality development. The results show that CSR significantly promotes the improvement of corporates’ development quality. The results remain robust in altering variables, controlling more urban and corporate-level variables, and solving endogeneity. Mechanism analysis indicates that CSR can promote the high-quality development of corporates by improving green innovation, environmental investment, and corporate governance. Heterogeneity analysis shows that the incentive effect of CSR on corporate high-quality development is more obvious in non-state-owned corporates and when the market is in a “bull market.” This paper provides feasible ideas for adjusting the operating behavior of Chinese listed companies and government policy orientation.

Suggested Citation

  • Yan Xue & Caidong Jiang & Yunxia Guo & Jianmin Liu & Haitao Wu & Yu Hao, 2022. "Corporate Social Responsibility and High-quality Development: Do Green Innovation, Environmental Investment and Corporate Governance Matter?," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 58(11), pages 3191-3214, September.
    • Handle: RePEc:mes:emfitr:v:58:y:2022:i:11:p:3191-3214
    DOI: 10.1080/1540496X.2022.2034616
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1540496X.2022.2034616
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1540496X.2022.2034616?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:emfitr:v:58:y:2022:i:11:p:3191-3214. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MREE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.