IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v39y2021ics1544612319313145.html

Effect of perceived status of entrepreneur on firm's CSR behavior: Evidence from Chinese private enterprises survey

Author

Listed:
  • Niu, Zhiyong
  • Zhou, Xiaoyan
  • Pei, Hongzhou

Abstract

Social status has increasingly been recognized as a powerful force in people's lives. In this study, we investigate the influence of entrepreneur's perceived status on firm's donation engagement. In addition, we explore the moderating influences of several organisational characteristics including firm size and institutional environment. Our theory and findings highlight that one's perceived status exhibits a positive effect on donation, while the moderators have negative effect on this relationship. By examining this novel entrepreneurial characteristic, we offer important implications for the application of social status and upper echelons theory on research.

Suggested Citation

  • Niu, Zhiyong & Zhou, Xiaoyan & Pei, Hongzhou, 2021. "Effect of perceived status of entrepreneur on firm's CSR behavior: Evidence from Chinese private enterprises survey," Finance Research Letters, Elsevier, vol. 39(C).
    • Handle: RePEc:eee:finlet:v:39:y:2021:i:c:s1544612319313145
    DOI: 10.1016/j.frl.2020.101561
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612319313145
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.frl.2020.101561?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Yunsong Chen & Mark Williams, 2018. "Subjective Social Status in Transitioning China: Trends and Determinants," Social Science Quarterly, Southwestern Social Science Association, vol. 99(1), pages 406-422, March.
    2. Konow, James, 2010. "Mixed feelings: Theories of and evidence on giving," Journal of Public Economics, Elsevier, vol. 94(3-4), pages 279-297, April.
    3. Chang, Kiyoung & Shim, Hyeongsop & Yi, Taihyeup David, 2019. "Corporate social responsibility, media freedom, and firm value," Finance Research Letters, Elsevier, vol. 30(C), pages 1-7.
    4. Harry G. Barkema & Oleg Shvyrkov, 2007. "Does top management team diversity promote or hamper foreign expansion?," Strategic Management Journal, Wiley Blackwell, vol. 28(7), pages 663-680, July.
    5. Heli Wang & Jaepil Choi & Jiatao Li, 2008. "Too Little or Too Much? Untangling the Relationship Between Corporate Philanthropy and Firm Financial Performance," Organization Science, INFORMS, vol. 19(1), pages 143-159, February.
    6. Dai, Weiqi & Si, Steven, 2018. "Government policies and firms' entrepreneurial orientation: Strategic choice and institutional perspectives," Journal of Business Research, Elsevier, vol. 93(C), pages 23-36.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. José Alberto Martínez-González & Carmen Dolores Álvarez-Albelo & Javier Mendoza-Jiménez & Urszula Kobylinska, 2022. "Predicting the Entrepreneurial Behaviour of Starting Up a New Company: A Regional Study Using PLS-SEM and Data from the Global Entrepreneurship Monitor," Mathematics, MDPI, vol. 10(5), pages 1-25, February.
    2. Li, Gang & Jiang, Yongan, 2024. "Market competition and firm behavior: A comprehensive study on the impact of antimonopoly law," Finance Research Letters, Elsevier, vol. 67(PB).
    3. José Alberto Martínez-González & Urszula Kobylinska & Desiderio Gutiérrez-Taño, 2021. "Exploring Personal and Contextual Variables of the Global Entrepreneurship Monitor through the Rasch Mathematical Model," Mathematics, MDPI, vol. 9(16), pages 1-23, August.
    4. Yadong Cui & Su Xu & Yaohui Jiang & Zhaowen Zhang & Haoyu Hu, 2025. "Can Chinese‐style trade unions promote corporate philanthropy? A stakeholder theory perspective," Business Ethics, the Environment & Responsibility, John Wiley & Sons, Ltd., vol. 34(4), pages 1813-1830, October.
    5. Qian, Shuitu & Yu, Wenzhe, 2024. "Green finance and environmental, social, and governance performance," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 1185-1202.
    6. Yujie Wu & Mingyue Wang & Yingming Li & Junbi Zhou & Xiangjie Cao, 2024. "Can the construction of a research and development platform encourage innovation in green technology by private enterprises? Evidence from China," Business Strategy and the Environment, Wiley Blackwell, vol. 33(2), pages 742-763, February.
    7. Bruna, Maria Giuseppina & Lahouel, Béchir Ben, 2022. "CSR & financial performance: Facing methodological and modeling issues commentary paper to the eponymous FRL article collection," Finance Research Letters, Elsevier, vol. 44(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhiyong Niu & Xiaoyan Zhou & Hongzhou Pei, 2020. "Social determinants of sustainability: The imprinting effect of social class background on corporate environmental responsibility," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(6), pages 2849-2866, November.
    2. Kamini Gupta & Donal Crilly & Thomas Greckhamer, 2020. "Stakeholder engagement strategies, national institutions, and firm performance: A configurational perspective," Strategic Management Journal, Wiley Blackwell, vol. 41(10), pages 1869-1900, October.
    3. Chen, Ni-Yun & Liu, Chi-Chun, 2021. "The effect of repurchase regulations on actual share reacquisitions and cost of debt," The North American Journal of Economics and Finance, Elsevier, vol. 55(C).
    4. Dohmen, Thomas & Meyer, Frauke & Walkowitz, Gari, 2026. "Basic Needs Satisfaction as a Fundamental Distributive Principle: Evidence from the Lab and the Field," IZA Discussion Papers 18409, IZA Network @ LISER.
    5. de Haan, J. & Hermes, C.L.M. & Postma, T.J.B.M. & Veltrop, D.B., 2012. "A tale of two factions," Research Report 12001-HRM&OB, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    6. Dingyu Wu & Xiaolin Li, 2024. "The curvilinear relationship between corporate social responsibility and competitive advantage: Empirical evidence from China," Business Ethics, the Environment & Responsibility, John Wiley & Sons, Ltd., vol. 33(1), pages 40-64, January.
    7. Silva,Joana C. G. & Morgandi,Matteo & Levin,Victoria, 2016. "Trust in government and support for redistribution," Policy Research Working Paper Series 7675, The World Bank.
    8. repec:abw:journl:y:2026:id:1279 is not listed on IDEAS
    9. repec:dgr:rugsom:12001-hrmob is not listed on IDEAS
    10. Christian Koch, 2024. "Is there a nexus between pro-social behavior and well-being? Correlational evidence," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 10(2), pages 279-293, December.
    11. Sabina Nielsen, 2010. "Top Management Team Internationalization and Firm Performance," Management International Review, Springer, vol. 50(2), pages 185-206, April.
    12. Duquette, Nicolas J., 2019. "Do share-of-income limits on tax-deductibility of charitable contributions affect giving?," Economics Letters, Elsevier, vol. 174(C), pages 1-4.
    13. Massimiliano Coda Zabetta & Ernest Miguelez & Francesco Lissoni & Sarah Hegarty, 2025. "Foreign-origin managers and FDI location choice," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 56(2), pages 194-202, March.
    14. Cho, Seunghyun & Pae, Jinhan & Yoo, Choong-Yuel, 2025. "Post-traumatic growth of CEOs and corporate giving: Evidence from the Korean War," Research in International Business and Finance, Elsevier, vol. 80(C).
    15. Leibbrandt, Andreas & Lynham, John, 2018. "Does the allocation of property rights matter in the commons?," Journal of Environmental Economics and Management, Elsevier, vol. 89(C), pages 201-217.
    16. Arbel, Yuval & Bar-El, Ronen & Schwarz, Mordechai E. & Tobol, Yossef, 2019. "To What Do People Contribute? Ongoing Operations vs. Sustainable Supplies," IZA Discussion Papers 12180, IZA Network @ LISER.
    17. Christopher Groening & Vamsi K. Kanuri, 2018. "Investor Reactions to Concurrent Positive and Negative Stakeholder News," Journal of Business Ethics, Springer, vol. 149(4), pages 833-856, June.
    18. Zhang, Yameng & Sharma, Piyush & Xu, Yekun & Zhan, Wu, 2021. "Challenges in internationalization of R&D teams: Impact of foreign technocrats in top management teams on firm innovations," Journal of Business Research, Elsevier, vol. 128(C), pages 728-741.
    19. Yingna Wu & Liang Ding & Xuan Song & Jun Chen, 2023. "Top Management Team Heterogeneity and the Performance of Cross-Border M&A," SAGE Open, , vol. 13(2), pages 21582440231, June.
    20. Zhang, Sihan & Chen, Zhibin, 2025. "Experts on the board: How do IT-savvy directors promote corporate digital innovation?," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 791-817.
    21. Wen, Liang & Yang, Jing Yu & Li, Wen Helena, 2025. "Media approval and CSP–CFP translation: the role of institutional development in an emerging market," Journal of Business Research, Elsevier, vol. 200(C).
    22. Kentaro Azuma & Nicolas M. Dahan & Jonathan Doh, 2024. "Shareholder reaction to corporate philanthropy after a natural disaster: an empirical exploration of the “signaling financial prospects” explanation," Asia Pacific Journal of Management, Springer, vol. 41(3), pages 1421-1449, September.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:39:y:2021:i:c:s1544612319313145. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.