1. NCCU Academic Hub
  2. 學術產出
  3. 商學院
  4. 期刊論文
  5. Item

學術產出-期刊論文

文章檢視/開啟

書目匯出

Google ScholarTM

政大圖書館

引文資訊

TAIR相關學術產出

題名 The Signaling Effect of Corporate Social Responsibility in Emerging Economies
作者 Su, Weichieh;Peng, M.W.;Tan, W.;Cheung, Y.-L.
蘇威傑
貢獻者 國貿系
關鍵詞 Corporate social responsibility; Institutional environments; Institutional voids; Signaling theory
日期 2014-11
上傳時間 11-六月-2015 13:14:26 (UTC+8)
摘要 What signals do firms in emerging economies send to stakeholders when they adopt corporate social responsibility (CSR) practices? We argue that in emerging economies, firms that adopt CSR practices positively signal investors that their firms have superior capabilities for filling institutional voids. From an institution-based view, we hypothesize that the institutional environment moderates the signaling effect of CSR on a firm’s financial performance. Based on a sample of firms from ten Asian emerging economies, we find a positive relationship between CSR practices and financial performance. This positive relationship is stronger in the less developed capital market than in the more developed one. The financial benefits of CSR practices are also more salient in the low information diffusion market than in the high one. We emphasize that signaling theory and the institution-based view can jointly contribute to the CSR literature.
關聯 Journal of Business Ethics
資料類型 article
DOI http://dx.doi.org/10.1007/s10551-014-2404-4
dc.contributor 國貿系
dc.creator (作者) Su, Weichieh;Peng, M.W.;Tan, W.;Cheung, Y.-L.
dc.creator (作者) 蘇威傑zh_TW
dc.date (日期) 2014-11
dc.date.accessioned 11-六月-2015 13:14:26 (UTC+8)-
dc.date.available 11-六月-2015 13:14:26 (UTC+8)-
dc.date.issued (上傳時間) 11-六月-2015 13:14:26 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/75677-
dc.description.abstract (摘要) What signals do firms in emerging economies send to stakeholders when they adopt corporate social responsibility (CSR) practices? We argue that in emerging economies, firms that adopt CSR practices positively signal investors that their firms have superior capabilities for filling institutional voids. From an institution-based view, we hypothesize that the institutional environment moderates the signaling effect of CSR on a firm’s financial performance. Based on a sample of firms from ten Asian emerging economies, we find a positive relationship between CSR practices and financial performance. This positive relationship is stronger in the less developed capital market than in the more developed one. The financial benefits of CSR practices are also more salient in the low information diffusion market than in the high one. We emphasize that signaling theory and the institution-based view can jointly contribute to the CSR literature.
dc.format.extent 295759 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Journal of Business Ethics
dc.subject (關鍵詞) Corporate social responsibility; Institutional environments; Institutional voids; Signaling theory
dc.title (題名) The Signaling Effect of Corporate Social Responsibility in Emerging Economies
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1007/s10551-014-2404-4
dc.doi.uri (DOI) http://dx.doi.org/10.1007/s10551-014-2404-4