Media Attention, Executive Reputation and Corporate Social Responsibility-- Empirical Evidence from Chinese A-share Listed Companies
Journal of Finance and Accounting
Volume 6, Issue 1, January 2018, Pages: 42-48
Received: Apr. 26, 2018;
Published: Apr. 27, 2018
Views 839 Downloads 54
Bo Wang, School of Civil Engineering and Architecture, Southwest University of Science and Technology, Mianyang, P. R. China; School of Economics and Management, Southwest Jiaotong University, Chengdu, P. R. China
Hua-ming Wang, Planning Finance Division, Southwest University of Science and Technology, Mianyang, P. R. China
Taking 2013-2015 Chinese a-share Listed Companies as the research object, this paper studies the impact of media attention and executive reputation on the performance of corporate social responsibility. The results show that: media attention is positively correlated with performance of corporate social responsibility, the higher the media attention, the better corporate social responsibility is;The same goes to The relation between executive reputation and performance of social responsibility. Compared with non-state-owned enterprises, executive reputation has more influence on the performance of social responsibility of state-owned enterprises. Further research found that: there is a complementary effect between media attention and executive reputation to the impact of corporate social responsibility, In other words, the higher the executive reputation is, the role of the media supervision easier to play, the stronger the media attention to the promotion of corporate social responsibility.
Media Attention, Executive Reputation and Corporate Social Responsibility-- Empirical Evidence from Chinese A-share Listed Companies, Journal of Finance and Accounting.
Vol. 6, No. 1,
2018, pp. 42-48.
Dyck A., Volchkova N., Zinglaes L. The Corporate Governance Role of The Media: Evidence From Russia [J]. Journal of Finance, 2008, 63(3):1093-1136.
Steven. Cahan,. Nguyen. Corporte Social Responsibility and Media Coverage [J]. Journal of Banking and Finance, 2015 (59):19-27.
Rao K, Tilt C. Board Composition and Corporate Social Responsibility:The Role of Diversity, Gender, Strategy and Decision Making [J]. Journal of Business Ethics, 2015 (4):1-21.
Wang, J. and k. media Coverage and Firm Valuation: Evidence from China [J]. Journal of Business Ethics, 2015, 127(3):501-511.
Nwaigwe L. Corporate Social Responsibility of Business [J]. European Journal of Business and Management, 2015, 7(9):20-27.
Steven F. Cahan, Chen Chen, Nhut H. Nguyen. Corporte Social Responsibility and Media Coverage [J]. Journal of Banking and Finance, 2015(59):19-27.
Lopez B, Fornes G. Corporate Social Responsibility in Emerging Markets:Case Study of Spanish MNCs in Latin America [J]. European Business Review, 2015, 27(2):214- 230.
Brammer S J, Pavelin s. Building a Good Reputation [J]. European Management Journa1, 2004 (12): 704-713.
Hahn, A., B. Gawronski. Implicit Social Cognition [J]. International Encyclopedia of the Social and Behavioral Sciences, 2015(17):714-720.
Zyglidopoulos, Georgiadis. Does Media Attention Drive Corporate Social Responsibility?[J]. Journal of Business Research, 2012, 65(11):1622-1627.
Lu, C., Lin, C. The Effects on Ethical Leadership an Ethical Climate on Employee Ethical Behavior in the International Port Context [J]. Journal of Business Ethics, 2014, 124 (2): 209-223.
ye yong, li Ming, huang lei. Legal environment, media supervision and agency cost [J]. Securities market guide, 2013 (9): 47-53.
kong dongmin, liu sha, ying qian. Media role in the company's behavior: is the turbid Yang qing or the promotion?[J]. Management of the world, 2013 (7):145-162.
shen hongtao, Yang yi, wu yibin. Disclosure of compliance, corporate governance and social responsibility [J]. China accounting review, 2010(3):363-374.
zheng guanqun, song Lin, hao yuanxiao. Characteristics of senior management, strategic behavior and information disclosure quality of corporate social responsibility [J]. Economic latitude, 2015, 32 (2):111-116.