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CSR and Sustainable Growth in China’s Technology Firms between 2010 and 2021

Author

Listed:
  • Chen Ma

    (School of Economics and Management, Shangrao Normal University, No. 401, Zhimin Avenue, Shangrao 334001, China)

  • Changjiang Yu

    (School of Economics and Management, Shangrao Normal University, No. 401, Zhimin Avenue, Shangrao 334001, China)

  • Yasir Latif

    (Newcastle Business School, University of Newcastle, Callaghan 2308, Australia)

Abstract

In this study, we examine the relationships between CSR (e.g., CSR aimed at employees, customers, suppliers, and governments) and firm sustainable growth, and how dysfunctional competition moderates these relationships. Based on resource dependence theory, we argue that CSR aimed at four chosen groups of stakeholders (e.g., employees, customers, suppliers, and governments) is positively related to firm sustainable growth and that the levels of dysfunctional competition will positively moderate these relationships. Our results, using a sample of technology firms in China, provide support for these arguments. We find that CSR aimed at employees, customers, suppliers, and governments is positively related to firm sustainable growth. In addition, using the contingence approach, we find that CSR aimed at the four chosen groups of stakeholders has a stronger positive relationship with firm sustainable growth when the level of dysfunctional competition is high than when it is low. Our findings have important theoretical and managerial implications, which are discussed in this study.

Suggested Citation

  • Chen Ma & Changjiang Yu & Yasir Latif, 2023. "CSR and Sustainable Growth in China’s Technology Firms between 2010 and 2021," Sustainability, MDPI, vol. 15(3), pages 1-24, January.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:3:p:2101-:d:1044119
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