Original scientific paper
https://doi.org/10.1080/1331677X.2022.2119426
Does engaging in government initiated corporate social responsibility activities improve corporate innovation? Evidence from China
Lei Zhou
Feng Wei
Abstract
The Chinese government initiated a nationwide poverty alleviation
campaign in 2016. Many Chinese listed firms engaged in
poverty alleviation campaign and made significant contributions.
In this study, we investigate the relationship between firms’ poverty
alleviation campaign and firm innovation performance. Using
a large sample of 3140 Chinese A-share listed firms on Shenzhen
and Shanghai Stock Exchange from 2016 to 2019, this study demonstrates
that firms’ poverty alleviation campaign contribute to
the improvement of firm innovation performance. These results
are more pronounced for firms with higher internet search volume.
Overall, our findings provide important support for listed
firms to engage in CSR activities initiated by government
Keywords
Corporate social responsibility; poverty alleviation; firm innovation; internet search
Hrčak ID:
306460
URI
Publication date:
31.3.2023.
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