An Empirical study on the Relationship between Social Responsibility and Financing Cost of family firm

DOI

10.2991/ebmcsr-18.2018.4How to use a DOI?

Keywords

Family firm，Social responsibility，Cost of financing

Abstract

As the basic elements of the society, family enterprises value their social benefits more than their economic benefits. Based on Chinese 517 listed family enterprises which are the research sample of this paper, it empirically test the relationship of the family enterprise social responsibility and corporate financing cost, the study results show that: with the improvement of corporate social responsibility of the family, it will gradually reduce the cost of financing. Compared with large family enterprises, small family enterprises can more easily control the financing cost by developing their own social responsibility.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Haifei Wang
AU  - Yu Zhang
PY  - 2018/11
DA  - 2018/11
TI  - An Empirical study on the Relationship between Social Responsibility and Financing Cost of family firm
BT  - Proceedings of the 2018 International Conference on Economics, Business, Management and Corporate Social Responsibility (EBMCSR 2018)
PB  - Atlantis Press
SP  - 17
EP  - 25
SN  - 2352-5428
UR  - https://doi.org/10.2991/ebmcsr-18.2018.4
DO  - 10.2991/ebmcsr-18.2018.4
ID  - Wang2018/11
ER  -