How to design corporate governance structures to enhance corporate social responsibility in China's mining state-owned enterprises?

Tang, Pengcheng; Yang, Shengqiang; Yang, Shuwang

doi:10.1016/j.resourpol.2020.101619

Cited by 71 publications

(48 citation statements)

References 53 publications

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“…We could not reject the hypothesis that there was no significant relationship between ownership structure and CSR disclosure among Nigerian firms. Thus, contrary to the earlier findings of Madden, McMillan, and Harris (2020) and Tang, Yang, and Yang (2020) our conclusion was that firms' ownership does not significantly influence CSR engagement and/or disclosure. The implication was that even though owners may have the capacity to influence companies' policies; their level of sensitivity to reporting practice may not be a significant determinant of CSR disclosure by firms.…”

Section: Discussioncontrasting

confidence: 99%

Firms Attributes, Corporate Social Responsibility Disclosure and the Financial Performance of Listed Companies in Nigeria

Jeroh

2020

Asian Economic and Financial Review

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The legitimacy theory gives credence to why firms strive to ensure that their overall value system does not oppose those of the larger society in which they operate while simultaneously enhancing their performance and narrowing the presumed gap between their activities and societal expectations. Therefore, hinged on the legitimacy theory, this study focused on assessing the interrelationship between firms' attributes, corporate social responsibility (CSR) disclosure and measures of financial performance of firms. Secondary data were collated from the financial reports of a sample of 29 listed Nigerian firms in the financial service sector over a 10-year period (2009-2018). Estimation was based on the structural equation modeling (SEM) technique. We observed that measures of firm performance, firm value and capital structure exert significant influence on CSR disclosure respectively; but the same was not the case for ownership structure and board attributes. We also found that firm value, capital structure, ownership structure and board attributes do not have significant influence on the financial performance of firms. We therefore recommend that while eschewing from financing asset acquisition through debts, reporting entities should be more involved in environmental engagements; and costs associated with such engagements should be reported alongside their respective mainstream financial reports. Contribution/ Originality:This study is one of very few to use the Structural Equation Modeling (SEM) to investigate the interrelationship between measures of firm attributes, CSR disclosure and companies' financial performance by drawing empirical evidence from the financial service sector in Nigeria.

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Section: Discussioncontrasting

confidence: 99%

Firms Attributes, Corporate Social Responsibility Disclosure and the Financial Performance of Listed Companies in Nigeria

Jeroh

2020

Asian Economic and Financial Review

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“…Organizational cynicism is a pessimistic approach to the attitude of an individual at its workplace, it is also a belief that an organization is lacking its honesty, has a bad effect on its workplace, and tendency to disapprove significant activities against the firm that are reliable with these attitudes and effects (4,11,16,58). Organizations can improve their positive image and can attract their consumers through CSR activities.…”

Section: Organizational Cynicism and Corporate Imagementioning

confidence: 99%

“…Thus, corporations can enhance their relationships with stakeholders by adopting different CSR strategies (3). In achieving this, corporations should communicate their CSR activities efficiently with their stakeholders by developing management relationships to meet their expectations and accomplish the desired goals of CSR projects (4).…”

Section: Introductionmentioning

confidence: 99%

Struggling With Business Corporate Cynical Impression? Powerful Methods of CSR to Enhance Corporate Image and Consumer Purchase Intention

Avotra

et al. 2021

Front. Public Health

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This study focuses on the perception of Chinese students about the image of the company and their purchase intention if the organization has a business cynical impression in the minds of its targeted customers. The study proposed three different types of corporate social responsibility (CSR) to cope up with the organizational cynical impression. These types are Economic and Legal CSR, Philanthropic CSR, and Ethical CSR. The main objective of this study is to determine which CSR type is better to reduce the corporate cynical impression on corporate image and the purchase intentions of consumers. In the study design, the bootstrap approach and AMOS 24 were employed to deal with mediation. The researchers recruited 500 individuals from different educational institutions in China using a simple random selection process. The outcomes of this study indicated that all three types of CSR are successful in mitigating the detrimental effects of corporate cynicism on the image of a firm and the purchase intentions of consumers. A more effective technique of boosting the corporate image of a company and purchase intention of a consumer is via charitable CSR, which may help restore the image of a company and the purchase intention of a consumer that has been affected by corporate cynicism among its target customers.

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“…Another question is: To what extent will operating outside of China initiate development and change in operational practices and routines of the Chinese companies in their mines in China? Health and safety, environmental protection and transparency are areas where such influences could potentially push for important changes in the operations of Chinese companies also in China (Farooki and Kaplinsky 2012;ILO 2012;Tang et al 2020).…”

Section: Discussionmentioning

confidence: 99%

Chinese control over African and global mining—past, present and future

Ericsson

Löf

Löf³

2020

Miner Econ

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Chinese companies are far from taking control over African or global mining. In 2018, they control less than 7% of the value of total African mine production. Chinese investments in African mining of non-fuel minerals between 1995 and 2018 have contributed to production growth but it has also increased Chinese control over African mineral and metal production. There is evidence pointing to a continued Chinese expansion in African minerals and metals but at a slower pace than in the past decade. Through a detailed analysis of every mine, fully or partially controlled by Chinese interest in Africa and all other parts of the world the paper also measures total Chinese control over global mine production to be around 3% of the total value.

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How to design corporate governance structures to enhance corporate social responsibility in China's mining state-owned enterprises?

Cited by 71 publications

References 53 publications

Firms Attributes, Corporate Social Responsibility Disclosure and the Financial Performance of Listed Companies in Nigeria

Firms Attributes, Corporate Social Responsibility Disclosure and the Financial Performance of Listed Companies in Nigeria

Struggling With Business Corporate Cynical Impression? Powerful Methods of CSR to Enhance Corporate Image and Consumer Purchase Intention

Chinese control over African and global mining—past, present and future

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