Does the government procurement market favor corporate social responsibility in a weak institution? Evidence from China
Datos Bibliográficos
| ID | 19568614 |
|---|---|
| Autores | Ran (0000-0001-6022-5517, Chongqing University), Ran Rong, Wang Qiqi (Sun Yat-sen University), Zhiyang Liu (0000-0002-7377-3827, Shanghai University of Finance and Economics), Liu Zhiyang, Shaobo Long (0000-0003-4549-8722, Chongqing University), Long Shaobo |
| Año | 2022 |
| Volumen | 10 |
| Número | 1 |
| Fecha de publicación | 2022-12-06 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | Elementa Science of the Anthropocene (JOURNAL) |
| Identificadores de la revista | ISSN: 2325-1026 • E-ISSN: 2325-1026 |
| Editorial | University of California Press (PUBLISHER • US) |
| DOI | 10.1525/elementa.2022.00016 |
| OpenAlex | W4312458753 |
| Idioma | EN |
| Referencias citadas | 88 |
This study investigates, in the context of a weak institution, the single and interactive effects of firms’ nonmarket strategies in China’s government procurement market. Based on transaction cost and signal theory, using data pertaining to Chinese government procurement contracts from 2016 to 2018, this study also provides evidence that superior corporate social responsibility (CSR) performance enables firms to obtain more government procurement contracts. However, the effect is only significant in non-state-owned enterprises. Considering the interaction effect of corporate political activity (CPA) and CSR in business to government (B2G) markets, this study finds that CPA, characterized by the political attributes of executives, enhances the signal effect of CSR in B2G markets. Further heterogeneity analysis indicates that CSR’s signal effect diminishes over time and is enhanced with high industry competition. Our findings provide new insights on nonmarket mechanisms (such as CSR), through which firms competing in China’s B2G market can compensate for the weak institution
Business · China · Corporate social responsibility · Economics · Factor market · Government procurement · Industrial organization · Institution · Market economy · Nonmarket forces · Procurement · Public relations · Corporate Finance and Governance · Corporate Social Responsibility Reporting · Public Procurement and Policy · Marketing
Stakeholder Influence Strategies
Instrumental Stakeholder Theory
Nonfinancial Disclosure and Analyst Forecast Accuracy
Stakeholder Pressures And Environmental Performance
Law, finance, and economic growth in China
Why resource‐based theory's model of profit appropriation must incorporate a stakeholder perspective
The Relational View
Politically Connected Boards of Directors and The Allocation of Procurement Contracts
Corporate responsibility and financial performance
A Natural-Resource-Based View of the Firm
Are red or blue companies more likely to go green? Politics and corporate social responsibility
Corporate Social Responsibility in Developing Countries as an Emerging Field of Study
Institutional Strategies in Emerging Markets
Politically Connected Firms
The Multitask Theory of State Enterprise Reform
The role of board gender and foreign ownership in the CSR performance of Chinese listed firms
Customer-based corporate reputation of a service firm
A Review of the Nonmarket Strategy Literature
Corporate Citizenship
Corporate Citizenship
Firm Resources and Sustained Competitive Advantage
Tocquevillian Moments
Individual and Corporate Social Responsibility
Job Market Signaling
Corporate Social and Financial Performance
| Velocidad de citación | historical |
|---|---|
| Altamente citado | No |