Proceedings of the 2018 International Conference on Economics, Business, Management and Corporate Social Responsibility (EBMCSR 2018)

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

Authors
Haifei Wang, Yu Zhang
Corresponding Author
Haifei Wang
Available Online November 2018.
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)

Volume Title
Proceedings of the 2018 International Conference on Economics, Business, Management and Corporate Social Responsibility (EBMCSR 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
November 2018
ISBN
978-94-6252-603-7
ISSN
2352-5428
DOI
10.2991/ebmcsr-18.2018.4How to use a DOI?
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/).

Cite this article

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  -