LAPSE:2023.28940
Published Article
LAPSE:2023.28940
Corporate Social Responsibility and Profitability: The Moderating Role of Firm Type in Chinese Appliance Listed Companies
April 12, 2023
Corporate social responsibility (CSR) is among the dominant multi-attribute methods of comprehensively representing the competitiveness of a company. A large number of studies have commonly found that profitability can positively affect CSR. However, positivity depends on firm type and the economy, and there is little research in this area. The objective of this paper is to study and verify whether the profitability of different types of companies has a comparable impact on CSR measures in Chinese appliance listed companies. A specific multi-attribute AHP (analytic hierarchy process) model was proposed to determine the CSR for the conditions of Chines appliance listed companies. The interactive regression model serves to analyse the impact of a firm type. The specific multi-attribute AHP model was verified as a suitable tool for CSR evaluation of Chines appliance listed companies. The regression results show that for family firms, the impact of profitability on CSR is significant, while for non-family firms, the impact was not confirmed. Thus, evidence that family firms fulfil better CSR than non-family firms in the investigated Chinese sector is offered. The findings provide proof that it is essential to distinguish firm types, and the generalised findings are simplified and not valid.
Keywords
AHP two-level multi-attribute model, CSR, firm type, moderating effect, profitability
Subject
Suggested Citation
Wu X, Dluhošová D, Zmeškal Z. Corporate Social Responsibility and Profitability: The Moderating Role of Firm Type in Chinese Appliance Listed Companies. (2023). LAPSE:2023.28940
Author Affiliations
Wu X: Department of Business Administration, Faculty of Economics, Technical University of Ostrava, 702 00 Ostrava, Czech Republic [ORCID]
Dluhošová D: Department of Finance, Faculty of Economics, Technical University of Ostrava, 702 00 Ostrava, Czech Republic [ORCID]
Zmeškal Z: Department of Finance, Faculty of Economics, Technical University of Ostrava, 702 00 Ostrava, Czech Republic [ORCID]
Journal Name
Energies
Volume
14
Issue
1
Article Number
E227
Year
2021
Publication Date
2021-01-04
Published Version
ISSN
1996-1073
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Original Submission
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PII: en14010227, Publication Type: Journal Article
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LAPSE:2023.28940
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doi:10.3390/en14010227
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Apr 12, 2023
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