This paper examines the relationship between Corporate Social Responsibility (CSR) and Corporate Financial Performance (CFP) using panel data for 228 Chinese mineral listed firms from 2010 to 2013 with Pooled Least Squares regression analysis. Our study considers five different sublevel CSR issues-shareholder responsibility, employee responsibility, environmental responsibility, public responsibility, and supplier, customer and consumer responsibility-in capturing the effects of CSR elements on CFP. The estimation results show the different effects of each sublevel CSR issue on CFP. Overall, shareholder, employee responsibility, environmental responsibility, supplier, customer and consumer responsibility have significant relationships with CFP, which are the stakeholders who have the closest linkage with firm operations. Meanwhile, public responsibility outside the firm does not show significant interaction with CFP, which is why many mineral firms ignore the public interest and this leads to conflicts. Shareholder responsibility has the most significant positive effect on CFP. Supplier, customer and consumer responsibility and environmental responsibility usually have negative effects on CFP as costs increase. Moreover, all 228 listed mineral firms that were selected in this paper have been classified into five sub-sectors: the extractive industry, metal fabrication OPEN ACCESS Sustainability 2014, 6 4078 industry, oil and gas industry, gas and water-related industry, and oil-producing equipment industry, based on the Industry Classification Benchmark (ICB). Our study shows that the differences in the relationship between CSR and CFP for five sublevel industries are due to industry characteristics. If the government wants to solve these conflicts and positively encourage firms to adopt CSR, it is necessary to create a mining development environment whereby firm profits are closely tied to CSR.

Mining cities have undergone the process of extensive exploitation, which always results in a series of water issues. Integrated water resource management is necessary in improving water supply, allocation and quality without damaging economic development. This article constructs a linear optimization model including a 'Top-Down' socio-economic mode, and 'Bottom-Up' water quality control and water supply-demand modes with integrated water resource management focused on water allocation and water reclamation. Based on computer simulation, the model can propose a water resource management under the constraints of water supply-demand and water quality control, and the model can precisely predict the influences of water resource management on economic development, water utilization and water quality. Taking Ordos, a Chinese national resource city, as a case study, this model addresses a detailed water resource management, including a water allocation plan among industries and water reclamation plan with technologies, selection, arrangement and subsidies. The implementation of water resource management can fulfill multiple objectives on water quantity, water quality and sustainable economic development. This study indicates that water resource management with a comprehensive dynamic model can be a maneuverable approach to realize the sustainable development of economic growth and water resource utilization, as well as formulate the regional development plan.

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