THE RELATIONSHIP BETWEEN STRATEGIC SOCIAL RESPONSIBILITY, ORGANIZATIONAL RESILIENCE, AND CORPORATE PERFORMANCE
Article Sidebar
Main Article Content
Abstract
This study adopts the A-share manufacturing listed enterprises in China’s Shanghai and Shenzhen cities during 2010-2020 as the research object and uses empirical research methods to test 138 sample companies and 1,103 valid observation data in order to explore the relationships among strategic social responsibility, organizational resilience, and corporate performance. The results of this study show that strategic social responsibility fulfillment has a significant positive effect on organizational resilience and corporate performance, and organizational resilience has a partial mediating effect on corporate performance. This paper discusses organizational resilience from the perspective of stakeholders and dynamic capability theory, which is of practical significance for improving corporate performance.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Chinese Journal of Social Science and Management Editorial Division
The Office of Research and Development, Panyapiwat Institute of Management
85/1 Moo 2, Chaengwattana Rd., Bang Talat, Pakkred, Nonthaburi 11120, Thailand
Tel. 02 855 01048 E-mail: cjssm@pim.ac.th
References
Bravo, O., & Hernández, D. (2021). Measuring organizational resilience: Tracing disruptive events facing unconventional oil and gas enterprise performance in the Americas. Energy Research & Social Science, 80, 102-187.
Chu, X., & Gao, C. (2021). The current state of research on organizational resilience abroad: A literature review. Nanda Business Review, 52(1), 153-181. [in Chinese]
DesJardine, M., Bansal, P., & Yang, Y. (2019). Bouncing back: Building resilience through social and environmental practices in the context of the 2008 global financial crisis. Journal of Management, 45(4), 1434-1460.
Gu, J. P., & Fang, Y. L. (2022). Strategic corporate social responsibility and organizational resilience: The chain mediating role of network embedding and innovation capability. Science and Technology Management Research, 16, 146-153. [in Chinese]
Han, Q. X., Dong, Y. C., & Li, Q. (2023). Does corporate social responsibility contribute to the improvement of innovation performance?: A cross-period re-examination based on strategic emerging enterprises. Journal of Nanjing University of Finance and Economics, 3, 22-32. [in Chinese]
Hollnagel, E., Woods, D. D., & Leveson, N. (2006). Resilience engineering: Concepts and precepts. Ashgate Publishing.
Ji, G. P., Wu, Z. J., & Gong, Z. W. (2021). Research on the impact of strategic corporate social responsibility of water-related enterprises on corporate performance. Laoshu Qujianshe (Old Area Construction), 2, 43-48. [in Chinese]
Jia, J. J., & Li, J. (2022). An empirical study on the relationship between strategic corporate social responsibility and financial performance from an investment perspective. Journal of Beijing Institute of Technology (Social Sciences Edition), 24(3), 168-180. [in Chinese]
Kahn, W. A., Barton, M., Fisher, C., Heaphy, E., Reid, E., & Rouse, E. (2018). The geography of strain: Organizational resilience as a function of intergroup relations. Academy of Management Review, 43(3), 509-529.
Li, P., & Zhu, J. (2021). Organizational resilience: A review of recent literature. Foreign Economics & Management, 43(3), 25-41. [in Chinese]
Lv, W., Wei, Y., Li, X., & Lin, L. (2019). What dimension of CSR matters to organizational resilience? Evidence from China. Sustainability, 11(6), 1561.
Madsen, P. M., & Rodgers, Z. J. (2015). Looking good by doing good: The antecedents and consequences of stakeholder attention to corporate disaster relief. Strategic Management Journal, 6, 776-794．
McManus, S., Seville, E., Brunsdon, D., & Vargo, J. (2007). Resilience management: A framework for assessing and improving the resilience of organizations. Resilient Organizations Research Report, 1, 1-79.
McWilliams, A., Siegel, D. S., & Wright, P. M. (2006). Corporate social responsibility: Strategic implications. Journal of Management Studies, 43(1), 1-18.
Miha, R., Smith, J., & Brown, L. (2020). Stakeholder engagement as a determinant of organizational resilience. Journal of Business Ethics, 162(3), 621-637.
Natalia, V. R. L. (2015). The impact of corporate social and environmental responsibility on long-term sales growth and survival. Asian Journal of Sustainability and Social Responsibility and Sustainability MDPI, 32, 89.
Porter, M. E., & Kramer, M. R. (2006). The link between competitive advantage and corporate social responsibility. Harvard Business Review, 84(12), 78-92.
Sajko, M., Boone, C., & Buyl, T. (2021). CEO greed, corporate social responsibility, and organizational resilience to systemic shocks. Journal of Management, 47(4), 957-992.
Wang, Y., & Cai, J. (2019). Development and validation of the corporate organizational resilience scale. Statistics and Decision, 35(5), 178-181. [in Chinese]
Wen, Z., Zhang, L., Hou, J., & Liu, H. (2004). Testing and application of the mediating effect. Acta Psychologica Sinica, 36(5), 614-620. [in Chinese]
Zhou, H., Li, D., & Zhang, W. (2019). Strategic corporate social responsibility and corporate performance: A win-win situation or trade-off? Research on Economics and Management, 40(6), 131-144. [in Chinese]