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Corporate social responsibility: A key driver of sustainable development in China’s post-COVID economy

Author

Listed:
  • Muhammad Salman
  • Yongming Zhu
  • Saima Kiran
  • Muhammad Sibt e Ali
  • Bandeh Ali Talpur
  • Kazim Raza Talpur
  • Madeeha Laghari
  • Samar Raza Talpur

Abstract

The first goal of this research was to measure the impact of corporate social responsibility (CSR) on the sustainable development of an organization. However, the second objective examines the moderating influence of government policies, cultural norms, and stakeholder expectations on the relationship between CSR and an organization’s sustainable development. This research primarily focused on the enterprises operating in the energy industry in Beijing. A sample of 498 individuals holding management positions within these enterprises was collected. The study’s results established that CSR significantly influences the sustainable development of firms. Moreover, the results revealed that governmental regulations, cultural norms, and stakeholder expectations play a significant and positive role in moderating the impact of corporate social responsibility on the sustainable development of companies. The results of this study make a valuable contribution to the existing body of literature on CSR and its impact on the sustainable performance of enterprises in China.

Suggested Citation

  • Muhammad Salman & Yongming Zhu & Saima Kiran & Muhammad Sibt e Ali & Bandeh Ali Talpur & Kazim Raza Talpur & Madeeha Laghari & Samar Raza Talpur, 2024. "Corporate social responsibility: A key driver of sustainable development in China’s post-COVID economy," PLOS ONE, Public Library of Science, vol. 19(5), pages 1-19, May.
    • Handle: RePEc:plo:pone00:0300209
    DOI: 10.1371/journal.pone.0300209
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    References listed on IDEAS

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    1. Sepideh Parsa & Narisa Dai & Ataur Belal & Teng Li & Guliang Tang, 2021. "Corporate social responsibility reporting in China: political, social and corporate influences," Accounting and Business Research, Taylor & Francis Journals, vol. 51(1), pages 36-64, January.
    2. Hyejoon Rim & Jisu Kim & Chuqing Dong, 2019. "A cross‐national comparison of transparency signaling in corporate social responsibility reporting: The United States, South Korea, and China cases," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(6), pages 1517-1529, November.
    3. Yusheng Kong & Alex Antwi‐Adjei & Jonas Bawuah, 2020. "A systematic review of the business case for corporate social responsibility and firm performance," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 444-454, March.
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