2018
DOI: 10.3390/en11113024
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Strategic Corporate Social Responsibility, Sustainable Growth, and Energy Policy in China

Abstract: China’s economy steps into the “new normal” phase, as it is growing in an innovation-driven instead of a factor-driven mode. In this paper, we constructed the corporate behavioral decision models in different scenarios of policy and analyzed the effect of energy policies on corporate behavior and societal welfare, in a duopoly market. The following conclusions were derived. (1) In a duopoly, the product pricing is irrelevant to the resource cost in their production process. (2) For the firm undertaking the soc… Show more

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Cited by 7 publications
(7 citation statements)
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“…where β 1 , β 2 , and β 3 refer to the coefficients of the threshold variables that are on the three sides of the threshold. Other variables share the same meaning as Equation (9). As highlighted in Huang et al [5], Lai et al [29], and Cohen and Levinthal [34], indigenous R&D is capable of not just serving as a key avenue for accelerating the technological progress, but of improving the technical absorptive capacity as well.…”
Section: Estimation Methodsmentioning
confidence: 98%
See 1 more Smart Citation
“…where β 1 , β 2 , and β 3 refer to the coefficients of the threshold variables that are on the three sides of the threshold. Other variables share the same meaning as Equation (9). As highlighted in Huang et al [5], Lai et al [29], and Cohen and Levinthal [34], indigenous R&D is capable of not just serving as a key avenue for accelerating the technological progress, but of improving the technical absorptive capacity as well.…”
Section: Estimation Methodsmentioning
confidence: 98%
“…In this manner, analysis of the role various determinants play in the evolution of energy intensity will substantially benefits China by providing appropriate energy strategies to be put forward by the policy makers [5][6][7][8][9][10]. There are a number of researchers who have explored the driving forces behind China's energy intensity, and accordingly have put forward policy guidance for the reduction of energy intensity; in addition, they reached the conclusion that technological advancement constitutes one of the key determinants impacting energy intensity [11][12][13][14][15][16].…”
Section: Introductionmentioning
confidence: 99%
“…In other words, CSR is an important strategy, which allows SEs to secure an ongoing competitive advantage ( Igwe et al, 2018 ). In the past, organizations pursued CSR to enhance their business image; now, they aim to account for the needs of various stakeholders while practicing CSR from a strategic and sustainable growth perspective ( Hong and Chao, 2018 ).…”
Section: Literature Review and Hypothesesmentioning
confidence: 99%
“…First, our study adds to the emerging literature on the determinants of sustainable growth by examining the governance role of internal control in sustainable growth. Previous studies focus on the role of intellectual capital, international and financial capabilities, technology, innovation, and social responsibility in a firm's sustainable growth (e.g., Xu and Wang 2018;Ma Degong et al 2018;Ye and Kulathunga 2019;Lyver and Lu 2018;Hong and Chao 2018). This study provides additional evidence on the understanding of internal control as a contributor of sustainable growth.…”
Section: Introductionmentioning
confidence: 80%
“…Particularly in the current time of global economic downturn and burgeoning trade conflicts, SMEs face huge challenges and risks to compete for survival and sustainable growth due to a lack of internal and external resources in a turbulent market. While a considerable body of literature has discussed the factors that significantly contribute to firms' sustainable growth, such as intellectual capital (Xu and Wang 2018), international and financial capabilities (Ma Degong et al 2018;Ye and Kulathunga 2019), technology (Lyver and Lu 2018), innovation and corporate social responsibility in developed and emerging markets (Ge et al 2018;Hong and Chao 2018), there is little attention paid to the role of internal control as a tool of risk management in SME's sustainable growth in emerging and transition economies.…”
Section: Introductionmentioning
confidence: 99%