Keywords
corporate social responsibility, corporate performance, innovation, threshold effect
Abstract
Taking the manufacturing companies in China from 2015 to 2019 as the research object,using the internal innovation input of the enterprise and the external regional innovation index of the enterprise as the threshold variable,this paper analyzes the threshold effect of corporate social responsibility(CSR)on company performance. The conclusions are as follows First,CSR has significant threshold effect on company performance.With the increase in innovation intensity,the positive impact of CSR on company performance is basically on the rise.Second, compared with large companies,the impact of CSR investment in medium-sized companies on company performance is more significant.Taking internal R&D investment and external innovation environment as new indicators of innovation,comprehensively inspecting the non-linear relationship between CSR and company performance.It is meaningful for listed companies to weigh the company's innovation input and CSR behavior.
DOI
10.16315/j.stm.2021.05.005
Recommended Citation
LU, Hua-liang and ZHAO, Dan-dan
(2021)
"Corporate social responsibility and corporate performance,"
Journal of Science and Technology Management: Vol. 23:
Iss.
5, Article 5.
DOI: 10.16315/j.stm.2021.05.005
Available at:
https://jstm.researchcommons.org/journal/vol23/iss5/5
