An Investigation of the Relationship Between Corporation Social Responsibility and Senior Managers Influence & Poverty Experience
Journal of Finance and Accounting
Volume 8, Issue 1, January 2020, Pages: 1-8
Received: Nov. 21, 2019; Published: Jan. 4, 2020
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Authors
Qiang Zhang, School of Economics and Management, Southwest University of Science and Technology, Mianyang, P. R. China
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
ChengZhong Liao, School of Marxism, Southwest University of Science and Technology, Mianyang, P. R. China
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Abstract
The high-level echelon theory states that business executives are not“fully rational people”with economic assumptions in actual work. The management decision-making process of business executives is often affected by cognitive abilities, values and moral emotion. Taking the A-share listed companies in China from 2012 to 2015 as the research object, this paper analyzes the impact of the interaction between senior managers’ influence and their poverty experience on the corporate social responsibility. This study indicates that the senior managers’ poverty experience enhances the sense of corporate social responsibility. When the sub-index of senior managers’ influence and poverty experience are tested by analysis of regression, it is found that compared with the poverty environment of managers’ early experience, their three-year difficult period experience and special poverty experience have played a more significant role in strengthening the positive correlation between the senior managers’ influence and the corporate social responsibility. This investigation is helpful and beneficial for further studies on the "altruism" factors of corporate social responsibility and it could enrich the theoretical system of corporate social responsibility.
Keywords
Senior Managers’ Influence, Poverty Experience, Interaction Effect, Corporate Social Responsibility
To cite this article
Qiang Zhang, Bo Wang, ChengZhong Liao, An Investigation of the Relationship Between Corporation Social Responsibility and Senior Managers Influence & Poverty Experience, Journal of Finance and Accounting. Vol. 8, No. 1, 2020, pp. 1-8. doi: 10.11648/j.jfa.20200801.11
Copyright
Copyright © 2020 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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