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Eurasian Business Review

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13.05.2023 | Regular Article

Doing good in periods of political turnover: the turnover of local officials, local corruption and corporate social responsibility

verfasst von: Jingjing Huang

Erschienen in: Eurasian Business Review | Ausgabe 4/2023

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Abstract

This study analyzes the relationship between the turnover of local officials and corporate social responsibility with the moderating role of the local corruption under the Chinese context. Using merged data from 2357 Chinese listed firms operated in 219 cities over the time period 2010 to 2018, corporate social responsibility (CSR) is deconstructed and re-estimated into optimal CSR and excessive CSR. It is found that city-level political turnover positively affects both types of CSR. Local corruption mitigates the positive political turnover-optimal CSR relationship while exerting no significant effect on the political turnover-excessive CSR relationship. These findings remain valid in various robustness settings. Our findings have important implications for practitioners and policymakers in understanding corporate policy making in an emerging market.

Vorheriger Artikel Social capital and firm performance in transition economies

Nächster Artikel Do political connections affect the market reaction to firms’ inclusion in or exclusion from the Sharia index?

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We divided the number of corruption and bribery cases by 1,000 to better display the results in empirical tests.

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Titel: Doing good in periods of political turnover: the turnover of local officials, local corruption and corporate social responsibility
verfasst von: Jingjing Huang
Publikationsdatum: 13.05.2023
Verlag: Springer International Publishing
Erschienen in: Eurasian Business Review / Ausgabe 4/2023
Print ISSN: 1309-4297
Elektronische ISSN: 2147-4281
DOI: https://doi.org/10.1007/s40821-023-00247-2

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Weitere Artikel der Ausgabe 4/2023

Performance shortfall, institutional logic and firms’ tax avoidance

Does the appointment of the three musketeers reduce IPO underpricing? global evidence

What people talk about online and what they intend to do: related perspectives from text mining and path analysis

Do political connections affect the market reaction to firms’ inclusion in or exclusion from the Sharia index?

Do foreign MNEs alleviate multidimensional poverty in developing countries?

How careerists use LMX as a strategy to achieve power and career success? A moderated mediation model