The Relationship Between Corporate Efficiency and CSR An Empirical Evidence from Chinese List Corporations
While many studies have examined the relationship between corporate financial performance and CSR, little consensus has emerged. This study investigates the relationship through a set of Shenzhen Stock Exchange in view of devotion and earnings which regard firms who initiate CSR as tangible devotion and who desire corresponding earnings. Based on DEA method, this study first evaluates efficiency using suitable CSR initiatives as indexes of listed firms, then adapts content analysis method weighing CSR level. Finally concerns relationship of them, which include both corporate efficiency and CSR. We discover that there is a positive relation between the two, since CSR is helpful to improving corporate efficiency. Also, an established CSR factors such as property right structure, stock right structure, industry, operation, and philanthropy behaviors were set. Therefore, listed corporations should enhance CSR, and by doing this can help them consummate corporate governance structure and improve their financial performance.
dea corporate efficiency corporate social responsibility (csr) relation
Ruixin Su Weizhou Zhong Shangxin Liu
School of Economics and Finance Xian Jiaotong University Xian, China Antai School of Economics and Management Shanghai Jiaotong University Shanghai, China
国际会议
成都
英文
37-42
2010-07-09（万方平台首次上网日期，不代表论文的发表时间）