Document Type

Journal Article

Department/Unit

Department of Accountancy and Law; Department of Finance and Decision Sciences

Language

English

Abstract

The importance imposed on corporate social responsibility (CSR) is greater in developed economies than in emerging markets. The pressures from various stakeholder groups on the CSR are expected to have substantial spillover impact on companies domiciled in emerging economies that obtain revenues from companies in developed economies. Based on the data from 1,330 listed companies in China, the largest emerging economy in the world, this study provides evidence that the CSR performance of China firms is positively related to the degree of their internationalization, and such a positive association is less pronounced for state-owned enterprises. Our findings support the hypothesis that internationalized companies in emerging economies are motivated to improve their CSR practices to address concerns from their importers or outsourcers in developed economies.

Keywords

Corporate social responsibility, International diversification, State-owned enterprises, China

Publication Date

2015

Source Publication Title

Journal of Business Ethics

Volume

130

Issue

4

Start Page

805

End Page

817

Publisher

Springer Verlag

Peer Reviewed

1

Copyright

The final publication is available at Springer via http://dx.doi.org/10.1007/s10551-014-2268-7

Funder

Tan gratefully acknowledge financial support from the Strategic Development Fund of the Hong Kong Baptist University, while Kong gratefully acknowledges funding from the National Natural Science Foundation of China (Project No.: 71173078; 71372130).

DOI

10.1007/s10551-014-2268-7

Link to Publisher's Edition

http://dx.doi.org/10.1007/s10551-014-2268-7

ISSN (print)

01674544

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