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When does environmental corporate social responsibility promote managerial ties in China? The moderating role of industrial power and market hierarchy

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  • Shuyang Wang
  • Zelong Wei
  • Xi Song
  • Sanggyun Na
  • Jing Ye

Abstract

Although stakeholder theory suggests that ECSR improve firm performance by signal a positive evaluation, this research finds that these signalling effects vary with industrial power and market hierarchy. Based on a dataset of 206 manufacturing firms in China, we find that ECSR positively affects managerial ties followed by firm performance. However, industrial power strengthens the effect of ECSR on political ties while weakens that on business ties. Market hierarchy strengthens the effect of ECSR on business ties while weakens that on political ties. This research extends previous literature on the relationship between ECSR and managerial ties by investigating the different moderating effects of industrial power and market hierarchy.

Suggested Citation

  • Shuyang Wang & Zelong Wei & Xi Song & Sanggyun Na & Jing Ye, 2020. "When does environmental corporate social responsibility promote managerial ties in China? The moderating role of industrial power and market hierarchy," Asia Pacific Business Review, Taylor & Francis Journals, vol. 26(5), pages 642-662, October.
    • Handle: RePEc:taf:apbizr:v:26:y:2020:i:5:p:642-662
    DOI: 10.1080/13602381.2020.1801812
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    Cited by:

    1. Marcin Olkiewicz & Anna Olkiewicz & Radosław Wolniak & Adam Wyszomirski, 2021. "Effects of Pro-Ecological Investments on an Example of the Heating Industry—Case Study," Energies, MDPI, vol. 14(18), pages 1-24, September.
    2. Radosław Wolniak & Adam Wyszomirski & Marcin Olkiewicz & Anna Olkiewicz, 2021. "Environmental Corporate Social Responsibility Activities in Heating Industry—Case Study," Energies, MDPI, vol. 14(7), pages 1-19, March.

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