Being Good When Being International in an Emerging Economy: The Case of China

Cheung, Yan‐Leung; Kong, Dongmin; Tan, Weiqiang; Wang, Wenming

doi:10.1007/s10551-014-2268-7

Cited by 99 publications

(90 citation statements)

References 47 publications

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“…Given that EMFs suffer from LOE, by communicating CSR activities, EMFs intend to enhance their legitimate image and hence overcome LOE barriers. The findings of this study are in corroboration with extant studies, in which a positive association was found between CSR and firms' internationalization (Cheung et al 2015;Marano et al 2016).…”

Section: Insert Table 2 About Here ---------------------------------supporting

confidence: 91%

Communicating CSR practices – Role of internationalization of emerging market firms

Agnihotri

Bhattacharya

2016

Journal of Marketing Communications

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Emerging markets suffer from institutional voids, and in such resource deficient economies, corporate social responsibility is given scant attention. However, when firms from emerging markets globalize, international stakeholders become suspicious about firms' products, services and business practices. Grounded in the liability of emergingness and legitimacy theory and using a sample of 134 manufacturing firms from one emerging market, India, this study explores how firms' international diversification intent and market seeking motives influence emerging markets' firms communication of socially responsible activities as an attempt to eliminate illegitimacy.Furthermore, the study reveals that business group affiliation enhances the influence of internationalization on firms' communication of socially responsible activities.

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Section: Insert Table 2 About Here ---------------------------------supporting

confidence: 91%

Communicating CSR practices – Role of internationalization of emerging market firms

Agnihotri

Bhattacharya

2016

Journal of Marketing Communications

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“…This issue is important given the quite recent introduction of foreign owners into listed companies on the Chinese mainland. Cheung et al (2014a) report that Chinese firms' CSR A C C E P T E D M A N U S C R I P T…”

Section: H2 Csr Ratings Are Increasing In Firms With Greater Board Gmentioning

confidence: 99%

The role of board gender and foreign ownership in the CSR performance of Chinese listed firms

McGuinness

Vieito

Wang

2017

Journal of Corporate Finance

688

473

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China's recent promotion of Corporate Social Responsibility (CSR) has coincided with a marked increase in the number of Chinese listed firms attracting female board members and foreign equity investors. Using Rankins' (RKS) ratings over the 2009 to 2013 period, we show that greater gender balance in top-management supports stronger CSR performance. This finding broadens gender-based accounts emphasizing social networks (Westphal and Milton, 2000), Critical Mass Theory (Kramer et al., 2006;Bear et al., 2010;and Soares et al., 2011) and team dynamics (Woolley et al., 2010;and Hoogendoorn et al., 2013). Findings also reveal stronger CSR performance in firms with a female CEO. Female leadership thus appears to be just as important as gender mix in driving CSR change.CSR ratings are also increasing in foreign ownership levels. We examine whether a political-networking motivation underlies foreign investment (Du and Girma, 2010;Liu et al., 2014a;Lin et al., 2015;and Jiang and Kim, 2015). We argue that qualified foreign institutional investors (QFIIs) deploy socialengagement in non-SOEs to build competitive advantage. But in SOEs, where strong political networks already exist, QFIIs have less incentive to boost CSR ratings. However, results indicate little difference in the social ratings of QFII-invested SOEs and non-SOEs.Additionally, we confirm the Barnea and Rubin (2010) contention of an inversion in social ratings at entrenched managerial ownership levels. Non-linear rating effects also emerge in relation to state ownership (Li et al., 2013). Finally, CSR performance exhibits positive (negative) relation with a listed entity's size and age (leverage and lagged return-on-equity) but virtually no connection with independent board representation.

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“…In conclusion, this study provides an initial step in determining the changes in the values that drive work behavior in China, a country that is central to world commerce (Cheung et al, ). Additionally, this study provides a foundation on which subsequent research on Chinese work values evolution may build.…”

Section: Resultsmentioning

confidence: 99%

“…Both regions decreased significantly across this decade, such that by 2010 the businesspeople in the two regions had similar values on the desire to manipulate social power for the sake of achieving personal objectives within the business world (Corzine et al, ). This might be a result of market‐oriented modernization leading to a stronger commitment to structure and formal rules, with an emphasis on more ethical conduct in the workplace and less reliance on personal, guanxi, relationship influences (Cheung, Kong, Tan, & Wang, ).…”

Section: Discussionmentioning

confidence: 99%

East vis‐à‐vis West: The evolution of work values within China regions

Ralston¹,

Wong

Egri

et al. 2017

Thunderbird Intl Bus Rev

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Numerous studies have investigated between-country cultural differences. However, the subnational cultural differences, particularly in emerging markets, have remained an underexplored research topic despite its importance. Likewise, multiperiod studies in the cross-cultural management area have also remained an underexplored topic. This study concurrently addresses both of these voids in the literature. Specifically, we examine changes in work values of businesspeople in the economically developed East region and the less developed West region of China over the first decade of the 21st century (2000)(2001)(2002)(2003)(2004)(2005)(2006)(2007)(2008)(2009)(2010). Our findings show that, across the eight work values dimensions analyzed in this study, three exhibited static crossvergence, while the other five value dimensions exhibited conforming crossvergence. An implication of these findings is that the dissimilar work values, which had been found across the regions of China of the past century, are moving toward a more countrywide set of homogeneous values among the workforce professionals of China.

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Being Good When Being International in an Emerging Economy: The Case of China

Cited by 99 publications

References 47 publications

Communicating CSR practices – Role of internationalization of emerging market firms

Communicating CSR practices – Role of internationalization of emerging market firms

The role of board gender and foreign ownership in the CSR performance of Chinese listed firms

East vis‐à‐vis West: The evolution of work values within China regions

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