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Quantity, Quality, and Performance of Corporate Social Responsibility Information Disclosure by Listed Enterprises in China: A Regional Perspective

Author

Listed:
  • Haifeng Zhang

    (College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing 211106, China
    Management Science, University of Waterloo, Waterloo, ON N2L 3G1, Canada)

  • Zhuo Zhang

    (College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing 211106, China)

  • Adrian Tan

    (Supply Chain Management, Penn State New Kensington, 3550 Seventh Street Road, New Kensington, PA 15068-1765, USA)

  • Ekaterina Steklova

    (Tengfay Consulting, 64 Meadowlane Dr, Kitchener, ON N2N1E9, Canada)

Abstract

The purpose of this article is to promote an increase in the number of enterprises that will disclose corporate social responsibility (CSR) information, and to improve on their quality of CSR information disclosure. Using the theory of organizational ecology, we propose that the density of companies that disclose CSR information in a region has an impact on both the quality and the performance of CSR disclosures. The study results suggest that an increase in the density of CSR information disclosing enterprises in a region will increase the number of enterprises with disclosure intentions. A density increase has a nonlinear influence on the quality of CSR information disclosure and on corporate performance, where the influence of disclosing enterprises’ density on corporate performance is partly mediated by the quality of CSR information disclosure. Our research also shows that the impact of density change of disclosing enterprises on the quality of CSR information disclosure is mediated by corporate capital structure.

Suggested Citation

  • Haifeng Zhang & Zhuo Zhang & Adrian Tan & Ekaterina Steklova, 2020. "Quantity, Quality, and Performance of Corporate Social Responsibility Information Disclosure by Listed Enterprises in China: A Regional Perspective," IJERPH, MDPI, vol. 17(7), pages 1-16, March.
    • Handle: RePEc:gam:jijerp:v:17:y:2020:i:7:p:2245-:d:337587
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    References listed on IDEAS

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    Cited by:

    1. Dita Ayu Lestari & Noegrahini Lastiningsih & Shinta Widyastuti, 2021. "Determinants of Corporate Social Responsibility Disclosure: Empirical Evidence from Indonesia Stock Exchange," Information Management and Business Review, AMH International, vol. 13(2), pages 1-6.
    2. He, Jingbin & Ma, Xinru, 2023. "Is corporate social responsibility engagement influenced by nearby firms? Evidence from China," International Review of Financial Analysis, Elsevier, vol. 86(C).

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