战略激进度与企业社会责任履行——基于资源获取的视角

Corporate Strategy and Social Responsibility Performance——Based on the Perspective of Resource Acquisition

以沪深两市2010—2020年A股上市企业为样本,研究战略激进度对企业社会责任履行的影响。实证检验结果表明,企业的战略激进度越高,越会履行更多的企业社会责任。进一步地,在渠道分析中,从企业需要的3种资源进行验证,发现在资源获取需求更高、获取难度更大的情况下,战略激进度对企业社会责任的影响更强,从而证明资源需求是战略激进度影响企业履行社会责任的动因。从企业资源获取的视角将战略激进度纳入企业社会责任行为研究框架,为探究企业履行社会责任的动机提供了新的经验证据,对现代企业在经营、管理中融入社会意识具有重要的启示意义。

Based on the sample of Chinese A-share non-financial listed companies data from 2010 to 2020,this paper studies the impact of corporate strategy on social responsibility performance.The result of empirical test shows that compared with defenders;prospectors engage in more socially responsible activities.Specifically,this paper proves that when prospectors face more resource requirements,they significantly more engage in social responsibility activities to meet their own resource demands such as financial resources demand,human resources demand,and reputation resources demand.What’s more,the results are still robust after using alternative measures of key variables,quantile regression,fixed-effect regression,instrumental variable method and Heckman two-stage method.This paper incorporates corporate strategy into the research framework of firms’corporate social responsibility performance from the perspective of resource acquisition,which enriches the research in these two fields and provided new empirical evidence for exploring the motivation of corporates to engage in social responsibility activities.