供应链议价能力与企业社会责任绩效

BBargaining Power of Supply Chain and Corporate Social Responsibility Performance

以2014—2017年上市公司为样本,研究了供应链议价能力对企业社会责任绩效的影响,并进一步研究了企业财务杠杆的中介作用和市场竞争程度的调节作用。研究发现:供应链议价能力对企业社会责任绩效具有负向影响;供应链议价能力越高,企业越倾向于提高财务杠杆,进而降低了企业社会责任绩效;市场竞争程度会强化供应链议价能力与企业社会责任履行绩效的负向关系。

Taking China’s listed companies from 2014 to 2017 as the sample,this paper studies the influence of bargaining power of supply chain on corporate social responsibility performance,along with the mediating role of corporate financial leverage and the mediating effect of market competition.The results show that the bargaining power of supply chain has a negative impact on the corporate social responsibility performance.In general,the higher the bargaining power of supply chain is,the more likely the enterprises are to improve the financial leverage;hence,there is a decrease of corporate social responsibility performance.Furthermore,the degree of market competition intensifies the negative relation between the bargaining power of supply chain and the performance of corporate social responsibility.