Journal of Business Ethics 96 (4):631 - 645 (2010)

Prior research suggests that ownership structure is associated to corporate social responsibility (CSR) in developed countries. This article examines whether and how ownership structure affects CSR in emerging markets using Chinese firms' social responsibility ranking. Our empirical evidences show that for non-state-owned firms, corporate ownership dispersion is positively associated to CSR. However, for state-owned firms, whose controlling shareholder is the state, this relation is reversed. We attribute the reversed relationship to political interferences and further test this hypothesis by demonstrating that regional economic development is negatively related to CSR for state-owned firms due to decreased political interference in more developed areas. This study is the first to directly examine the relationship between the dispersion of corporate ownership and CSR in emerging markets, and our results depict that it is important to consider ownership type in assessing CSR in emerging market where state ownership is still prevalent such as China. The results also reveal that firm size, profitability, employee power, leverage, and growth opportunity affect CSR in China
Keywords corporate governance  corporate social responsibility  ownership structure  political interference
Categories (categorize this paper)
DOI 10.1007/s10551-010-0488-z
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

PhilArchive copy

Upload a copy of this paper     Check publisher's policy     Papers currently archived: 70,039
External links

Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library

References found in this work BETA

Corporate Social Performance and Organizational Attractiveness to Prospective Employees.Daniel W. Greening & Daniel B. Turban - 1996 - Proceedings of the International Association for Business and Society 7:489-500.

View all 24 references / Add more references

Citations of this work BETA

View all 28 citations / Add more citations

Similar books and articles


Added to PP index

Total views
143 ( #81,709 of 2,505,228 )

Recent downloads (6 months)
1 ( #416,705 of 2,505,228 )

How can I increase my downloads?


My notes