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An Empirical Investigation of the Relationship between Corporate Social Performance and Firm Performance: Evidence from Public Utility Corporations

Published: 04 January 2021 Publication History

Abstract

This study examines the relationship between corporate social performance and firm performance by using the samples of the data of 82 listed public utility corporations of the Shanghai or Shenzhen Stock Exchange from 2011 to 2014. Based on stakeholder theory, this paper examines the relationships between corporate social performance and financial performance from the point view of shareholders, government, customers and creditors. The results show that government and shareholders have positive effects on financial performance, but the customers and creditors have negative effects on financial performance for listed public utility corporation.

References

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  1. An Empirical Investigation of the Relationship between Corporate Social Performance and Firm Performance: Evidence from Public Utility Corporations

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    ISBDAI '20: Proceedings of the 2020 2nd International Conference on Big Data and Artificial Intelligence
    April 2020
    640 pages
    ISBN:9781450376457
    DOI:10.1145/3436286
    Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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    Association for Computing Machinery

    New York, NY, United States

    Publication History

    Published: 04 January 2021

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    Author Tags

    1. Corporate social performance (CSP)
    2. Firm performance
    3. Public utility corporation

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