2022
DOI: 10.1016/j.jik.2022.100189
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Government subsidies’ influence on corporate social responsibility of private firms in a competitive environment

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Cited by 55 publications
(26 citation statements)
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“…Under the IV-2SLS method, it can be considered that increasing the environmental subsidy ratio positively affects CER. Our conclusions are close to those in the existing literature (Wenqi et al, 2022), but this study distinguishes between the different aspects of CER. Environmental subsidies are more inclined to improve the disclosure of environment-related concepts and systems and have less impact on pollution emissions and governance.…”
Section: Basic Empirical Resultssupporting
confidence: 91%
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“…Under the IV-2SLS method, it can be considered that increasing the environmental subsidy ratio positively affects CER. Our conclusions are close to those in the existing literature (Wenqi et al, 2022), but this study distinguishes between the different aspects of CER. Environmental subsidies are more inclined to improve the disclosure of environment-related concepts and systems and have less impact on pollution emissions and governance.…”
Section: Basic Empirical Resultssupporting
confidence: 91%
“…This can help attract investment and achieve longterm development goals (Dyck et al, 2019). Firms that lack humanistic care and environmental governance are less attractive to consumers, whereas firms with better environmental performance are more competitive (Wenqi et al, 2022). However, the negative externalities of environmental pollution cause firms to lack the motivation to improve their green social responsibility.…”
Section: Introductionmentioning
confidence: 99%
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“…The government in China has a strong influence on a firm's CSR adoption, since it dominates life-saving resources that most companies need [77][78][79]. Through both direct (tax exemption) and indirect (favourable policies) approaches [80], government subsidy acts as an efficient tool to compel firms to undertake social responsibility measures.…”
Section: The Moderating Role Of Government Subsidymentioning
confidence: 99%
“…Direct government subsidy could lighten the burden of finance and could thus add more CSR inputs. On the other hand, scholars have identified a reinforcing effect on the government-firm relationship [80,83]. Having received the subsidies, firms are more willing to engage in CSR disclosure or donations, so as to maintain the political connections and repay the government.…”
Section: The Moderating Role Of Government Subsidymentioning
confidence: 99%