Proceedings of the 2018 2nd International Conference on Economic Development and Education Management (ICEDEM 2018)

The Impacts of Social Responsibility on Enterprise Performance in Chinese Hospitality Industry

Authors
Ye Feng, Yujie Chen
Corresponding Author
Ye Feng
Available Online December 2018.
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/).

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Volume Title
Proceedings of the 2018 2nd International Conference on Economic Development and Education Management (ICEDEM 2018)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
December 2018
ISBN
978-94-6252-642-6
ISSN
2352-5398
DOI
10.2991/icedem-18.2018.123How 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  - 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  -