The Impacts of Social Responsibility on Enterprise Performance in Chinese Hospitality Industry
- DOI
- 10.2991/icedem-18.2018.123How to use a DOI?
- Keywords
- Corporate social responsibility; Corporate performance; Hospitality industry; Chinese
- Abstract
This study has investigated the relationship between corporate social responsibility (CSR) and corporate performance in the Chinese hospitality industry. We used several indicators to measure corporate performance and employed social contribution value per share (SCV) to calculate CSR. By using unbalanced panel data from all Chinese listed hospitality companies and employing a multiple regression analysis, we found that CSR has a negative relationship with short-term performance and a positive relationship with long-term performance. The result reminds us not to just focus on traditional performance indexes. In this research on corporate social responsibility, it is more realistic and practical to use long-term performance index as the dependent variable than short-term indicator.
- 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 - Ye Feng AU - Yujie Chen PY - 2018/12 DA - 2018/12 TI - The Impacts of Social Responsibility on Enterprise Performance in Chinese Hospitality Industry BT - Proceedings of the 2018 2nd International Conference on Economic Development and Education Management (ICEDEM 2018) PB - Atlantis Press SP - 500 EP - 503 SN - 2352-5398 UR - https://doi.org/10.2991/icedem-18.2018.123 DO - 10.2991/icedem-18.2018.123 ID - Feng2018/12 ER -