From Social Responsibility to Market Leadership

The Role of Targeted Poverty Alleviation in Enhancing Firm Competitiveness

Bibliographic Data

ID12308153
AuthorsRensi Li (0000-0003-0280-9391, School of Accounting Tianjin University of Commerce Tianjin China, corresponding author), Haowen Tian (0000-0001-9626-8519, School of Management Northwestern Polytechnical University Xi'an China), Sirui Wu (0000-0002-6077-9066, School of Management Xi'an Jiaotong University Xi'an China)
Year2025
Volume33
Issue3
Pages4529-4542
Publication date2025-01-22
Open AccessYes
TypeARTICLE
VenueSustainable Development (JOURNAL)
Journal identifiersISSN: 0968-0802 • E-ISSN: 1099-1719
PublisherWiley (PUBLISHER • GB)
DOI10.1002/sd.3361
OpenAlexW4406778629
LanguageEN
Citations received1
References cited40

This study examines the impact of corporate participation in targeted poverty alleviation on product market competitiveness, using a research timeframe of 2011 to 2020 and focusing on Chinese publicly listed firms. Applying a difference‐in‐differences model, we find that engagement in targeted poverty alleviation significantly enhances product market competitiveness, especially for firms pioneering industrial poverty alleviation and those in highly competitive markets. Additionally, participation in these initiatives drives corporate innovation, mitigates financial constraints, boosts employee productivity, and strengthens trade credit. These results demonstrate positive stakeholder responses—including governments, employees, suppliers, and customers—toward corporate sustainability endeavors

Business · Corporate social responsibility · Economic growth · Economics · Political science · Poverty · Public economics · Public relations · Social responsibility · Corporate Social Responsibility Reporting · Environmental Sustainability in Business · Innovation and Socioeconomic Development

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