How Do Independent Directors View Corporate Social Responsibility (CSR)? Evidence from a Quasi-Natural Experiment

2020 ◽  
Author(s):  
Pandej Chintrakarn ◽  
Pornsit Jiraporn ◽  
Shenghui Tong ◽  
Napatsorn (Pom) Jiraporn ◽  
Richard Proctor

2020 ◽  
Vol 55 (4) ◽  
pp. 697-716 ◽  
Author(s):  
Pandej Chintrakarn ◽  
Pornsit Jiraporn ◽  
Shenghui Tong ◽  
Napatsorn Jiraporn ◽  
Richard Proctor


2020 ◽  
Vol 12 (7) ◽  
pp. 2692 ◽  
Author(s):  
Shilu Sun ◽  
Tiantian Li ◽  
Hong Ma ◽  
Rita Yi Man Li ◽  
Kostas Gouliamos ◽  
...  

This paper investigated the impact of employee quality on corporate social responsibility (CSR). Based on data from China A-share-listed companies for the years 2012–2016 and using ordinary least squares, our empirical results show that the educational level of the workforce, as a proxy for employee quality, is positively associated with CSR, which suggests that higher education can promote CSR implementation. Additional analyses found that this positive relationship is more pronounced in non-state-owned enterprises, enterprises in regions with lower marketisation processes, and firms with lower proportions of independent directors. This study extends the literature on human capital at the level of firms’ entire workforce and CSR by elaborating the positive effect of employee quality on CSR in the context of an emerging economy (China). The results suggest that it is necessary to consider the educational level of employees when analysing CSR, which is of strategic significance for corporate sustainable development.



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