- 會議論文
Corporate Social Responsibility, Risk Management and Organizational Performance: A Study on Listed Manufacturing Companies with Different Business Strategies in China
摘要
Corporate social responsibility (CSR) is an important mission to enterprises, they must take CSR initiatives, incorporating social, environmental, ethical, human rights, and consumer concerns into their strategic plans. We investigate the relationship among CSR, risk management and organizational performance (OP) with the sample of Chinese listed manufacturing companies covering the 2015-2019 period. This paper analyzes the impact of CSR on risk management and builds a logical framework between CSR and risk management. We also discuss the influence of risk management on OP and form positive feedback on risk management, and promote the sustainable development of companies. In addition, we further investigate the mediating effect of risk management on CSR and OP, in order to help companies to make better strategic planning of CSR and risk management and understand the economic consequences of fulfilling CSR and risk management from a long-term perspective. We find that CSR is linked to risk management, the effect of CSR on firm performance is both direct and indirect. Risk management partially mediates the relationship between CSR and OP.
延伸閱讀
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