Do The Journals Prefer Positive Results?A Study on the Publication Bias of CSR and CFP Relationship in China
The relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) has become one of the most controversial topic in Chinese management studies. However, there is no agreeable conclusion about this issue in spite of many relative published papers. This article aims to find out the truth of CSR and CFP relationship and examine whether extant studies are reliable without publication bias. The meta-analysis including 34 Chinese empirical research papers shows that the two are positively correlated. Publication bias tests using multiple methods such as funnel plot, Beggs rank and Eggers regression method, fail-safe N etc., indicate that the conclusion is valid without obvious publication bias. Thus the argument that the relationship between CSR and CFP is positive proves to be not only objective but also universal. That is to say, CSR also pays off in the Chinese context.
corporate social responsibility corporate financial performance publication bias meta-analysis
Qi Su Lihong Song
School of Business, Sun Yat-sen University Guangzhou, P.R.China, 510275
国际会议
成都
英文
307-311
2010-07-09（万方平台首次上网日期，不代表论文的发表时间）