Liu Wei, Wei Qiao, Huang Song-Qin, Tsai Sang-Bing
Discipline of International Business, The University of Sydney, Sydney 2006, Australia.
Faculty of Education, Monash University, Melbourne 3800, Australia.
Int J Environ Res Public Health. 2017 Oct 24;14(10):1283. doi: 10.3390/ijerph14101283.
This study investigates the relationship between corporate environmental responsibility and corporate philanthropy. Using a sample of Chinese listed firms from 2008 to 2013, this paper examines the role of corporate environmental responsibility in corporate philanthropy and the moderating influence of the institutional environment using multilevel analysis. The results show that corporate eco-friendly events are positively associated with corporate philanthropic strategy to a significant degree. Provincial-level government intervention positively moderate the positive relationship between eco-friendly events and corporate philanthropy and government corruption is negatively moderate the relationship. All these results are robust according to robustness checks. These findings provide a new perspective on corporate philanthropic strategy as a means to obtain critical resources from the government in order to compensate for the loss made on environmental responsibility. Moreover, the institutional environment is proved here to play an important role in corporate philanthropic strategy.
本研究考察了企业环境责任与企业慈善之间的关系。本文以2008年至2013年中国上市公司为样本，运用多层次分析方法，研究了企业环境责任在企业慈善中的作用以及制度环境的调节作用。结果表明，企业的环保活动与企业慈善战略在很大程度上呈正相关。省级政府干预正向调节环保活动与企业慈善之间的正相关关系，而政府腐败则负向调节这种关系。根据稳健性检验，所有这些结果都是稳健的。这些发现为企业慈善战略提供了一个新的视角，即企业慈善战略是从政府获取关键资源以弥补环境责任损失的一种手段。此外，本文证明制度环境在企业慈善战略中发挥着重要作用。
