Lie of the weak: Inconsistent corporate social responsibility activities of Chinese zombie firms
作者: Shaozhen HanGuoming LiMichel LubranoZhou Xun
作者单位: 1School of Economics and Management, Northwest University, Xi’an, 710127, China
2School of Economics, Jiangxi University of Finance and Economics, Nanchang, 330013, China
3Shuzun Information Technology (Shanghai) Ltd, Shanghai, 200040, China
4Aix-Marseille University, CNRS, EHESS, Centrale Marseille, AMSE, Marseille, 13001, France
5School of Economics, Nanjing University of Finance and Economics, Nangjing, 210023, China
刊名: Journal of Cleaner Production, 2020, Vol.253
来源数据库: Elsevier Journal
DOI: 10.1016/j.jclepro.2019.119858
关键词: Corporate social responsibilityZombie firmsReportsDisclosureFulfillmentHypocrisy
英文摘要: Abstract(#br)This study investigates the differences between zombie firms and non-zombie firms in corporate social responsibility activities such as reporting, disclosure and fulfillment. Using Chinese listing company data collected from 2009 to 2016, we apply a three stage model with a double Heckman correction to deal with potential self-selection/endogeneity bias and to measure the differences consistently. We found that zombie firms are less willing to release standalone corporate social responsibility reports than non-zombie firms. Among companies that release standalone corporate social responsibility reports, the corporate social responsibility disclosure of zombie firms is at least not worse than non-zombie firms, but the corporate social responsibility fulfillment is...
全文获取路径: Elsevier  (合作)
影响因子:3.398 (2012)

  • corporate 法人的
  • responsibility 责任
  • social 群居的
  • Chinese 汉语