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Executive Poverty Experience and Corporate Social Responsibility Performance——An Empirical Study Based on Shanghai and Shenzhen Listed Companies

Received: 13 April 2019    Accepted:     Published: 23 May 2019
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Abstract

In recent years, with the rapid development of China's economy, various environmental pollution, cottage food and consumer discrimination have caused frequent social responsibility problems, which have caused extremely bad effects on society and brought about the sustainable operation of China's economy. Case studies and theoretical studies have shown that the early experience of executives in the core leadership of the enterprise can have an impact on corporate decision-making. Taking 2012-2015 Shanghai and Shenzhen Listed companies as the research object, this paper studies the impact of executive poverty experience on the performance of corporate social responsibility. The results show that: executive poverty experience is positively correlated with performance of corporate social responsibility, the higher the poverty experience, the better corporate social responsibility is. Compared with state-owned enterprises, executive poverty experience has more influence on the performance of social responsibility of non-state-owned enterprises. This paper studies the motivation of corporate social responsibility from the new perspective, which is helpful to further grasp the influencing factors of corporate social responsibility and enrich the theoretical system of corporate social responsibility.

Published in Journal of Finance and Accounting (Volume 7, Issue 2)
DOI 10.11648/j.jfa.20190702.13
Page(s) 49-55
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Enterprise Executive, Poverty Experience, Corporate Social Responsibility

References
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  • APA Style

    Huaming Wang, Bo Wang. (2019). Executive Poverty Experience and Corporate Social Responsibility Performance——An Empirical Study Based on Shanghai and Shenzhen Listed Companies. Journal of Finance and Accounting, 7(2), 49-55. https://doi.org/10.11648/j.jfa.20190702.13

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    ACS Style

    Huaming Wang; Bo Wang. Executive Poverty Experience and Corporate Social Responsibility Performance——An Empirical Study Based on Shanghai and Shenzhen Listed Companies. J. Finance Account. 2019, 7(2), 49-55. doi: 10.11648/j.jfa.20190702.13

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    AMA Style

    Huaming Wang, Bo Wang. Executive Poverty Experience and Corporate Social Responsibility Performance——An Empirical Study Based on Shanghai and Shenzhen Listed Companies. J Finance Account. 2019;7(2):49-55. doi: 10.11648/j.jfa.20190702.13

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  • @article{10.11648/j.jfa.20190702.13,
      author = {Huaming Wang and Bo Wang},
      title = {Executive Poverty Experience and Corporate Social Responsibility Performance——An Empirical Study Based on Shanghai and Shenzhen Listed Companies},
      journal = {Journal of Finance and Accounting},
      volume = {7},
      number = {2},
      pages = {49-55},
      doi = {10.11648/j.jfa.20190702.13},
      url = {https://doi.org/10.11648/j.jfa.20190702.13},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20190702.13},
      abstract = {In recent years, with the rapid development of China's economy, various environmental pollution, cottage food and consumer discrimination have caused frequent social responsibility problems, which have caused extremely bad effects on society and brought about the sustainable operation of China's economy. Case studies and theoretical studies have shown that the early experience of executives in the core leadership of the enterprise can have an impact on corporate decision-making. Taking 2012-2015 Shanghai and Shenzhen Listed companies as the research object, this paper studies the impact of executive poverty experience on the performance of corporate social responsibility. The results show that: executive poverty experience is positively correlated with performance of corporate social responsibility, the higher the poverty experience, the better corporate social responsibility is. Compared with state-owned enterprises, executive poverty experience has more influence on the performance of social responsibility of non-state-owned enterprises. This paper studies the motivation of corporate social responsibility from the new perspective, which is helpful to further grasp the influencing factors of corporate social responsibility and enrich the theoretical system of corporate social responsibility.},
     year = {2019}
    }
    

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  • TY  - JOUR
    T1  - Executive Poverty Experience and Corporate Social Responsibility Performance——An Empirical Study Based on Shanghai and Shenzhen Listed Companies
    AU  - Huaming Wang
    AU  - Bo Wang
    Y1  - 2019/05/23
    PY  - 2019
    N1  - https://doi.org/10.11648/j.jfa.20190702.13
    DO  - 10.11648/j.jfa.20190702.13
    T2  - Journal of Finance and Accounting
    JF  - Journal of Finance and Accounting
    JO  - Journal of Finance and Accounting
    SP  - 49
    EP  - 55
    PB  - Science Publishing Group
    SN  - 2330-7323
    UR  - https://doi.org/10.11648/j.jfa.20190702.13
    AB  - In recent years, with the rapid development of China's economy, various environmental pollution, cottage food and consumer discrimination have caused frequent social responsibility problems, which have caused extremely bad effects on society and brought about the sustainable operation of China's economy. Case studies and theoretical studies have shown that the early experience of executives in the core leadership of the enterprise can have an impact on corporate decision-making. Taking 2012-2015 Shanghai and Shenzhen Listed companies as the research object, this paper studies the impact of executive poverty experience on the performance of corporate social responsibility. The results show that: executive poverty experience is positively correlated with performance of corporate social responsibility, the higher the poverty experience, the better corporate social responsibility is. Compared with state-owned enterprises, executive poverty experience has more influence on the performance of social responsibility of non-state-owned enterprises. This paper studies the motivation of corporate social responsibility from the new perspective, which is helpful to further grasp the influencing factors of corporate social responsibility and enrich the theoretical system of corporate social responsibility.
    VL  - 7
    IS  - 2
    ER  - 

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Author Information
  • Planning Finance Division, Southwest University of Science and Technology, Mianyang, PR China

  • School of Civil Engineering and Architecture, Southwest University of Science and Technology, Mianyang, PR China

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