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Political Relevance and Corporate Social Responsibility from a Strategic Perspective

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DOI: 10.23977/ieim.2018.11004 | Downloads: 30 | Views: 3665

Author(s)

Huihui Wang 1, Lan Guo 1

Affiliation(s)

1 Department of Management, Sichuan University of Science & Engineering, China

Corresponding Author

Lan Guo

ABSTRACT

Political connection and corporate social responsibility are important social resources of enterprises, which play an important role in debt financing, corporate governance, corporate performance, R&D investment and so on. With the research on the potential motive of social responsibility fulfillment, it is found that enterprises with political connections are required to fulfill more social responsibility. There are few literatures on the relationship between political connections and social responsibility. Therefore, based on resource dependence theory and strategic social responsibility concept, this paper combs the relationship between the construction of political ties and the fulfillment of corporate social responsibility, and considers the relationship from the external institutional environment, the nature of corporate property rights, the categories and levels of political connections.

KEYWORDS

Strategic perspective, Political connection, Corporate social responsibility, Corporate behavior

CITE THIS PAPER

Huihui W., Lan G., Political Relevance and Corporate Social Responsibility from a Strategic Perspective, Industrial Engineering and Innovation Management (2018) 1: 26-34.

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