Journal of East China Normal University (Philosoph ›› 2018, Vol. 50 ›› Issue (4): 153-162.doi: 10.16382/j.cnki.1000-5579.2018.04.017

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Industry Competition, Executive Compensation and Corporate Social Responsibility Performance

LUO Zheng-ying, JIANG Jun-yue, CHEN Yan, JIANG Kai-hua   

  • Online:2018-07-15 Published:2018-07-26
  • Contact: 陈艳(通讯作者),苏州大学东吴商学院博士研究生

Abstract:

Based on the CSR report released during 2010—2014, and all A-share companies that have ratings of Run Global Social Responsibility Ratings Agency selected as research samples, this study uses an empirical analysis to examine whether executive compensation incentives affect the level of corporate social responsibility performance and how industry competition, as an external environmental mechanism, impacts on executive compensation incentives and corporate social responsibility fulfillment. The results show that executive compensation incentives can promote the improvement of corporate social responsibility performance and promote corporate social responsibility, while industry competition will inhibit executive compensation incentives for the implementation of corporate social responsibility performance. Having external constraints on the company, higher industry competitiveness will play a role without executive compensation incentives.

Key words: executive compensation, corporate social responsibility, industry competition