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Organizational slack and corporate social performance: Empirical evidence from China’s public firms
Ist Teil von
Asia Pacific journal of management, 2015-03, Vol.32 (1), p.181-198
Ort / Verlag
Boston: Springer US
Erscheinungsjahr
2015
Link zum Volltext
Quelle
EBSCOhost Business Source Ultimate
Beschreibungen/Notizen
This study investigates how organizational slack affects corporate social performance (CSP). Based on a sample of 1,299 Chinese listed firms, our results show that only unabsorbed slack contributes to CSP and the positive relationship between unabsorbed slack and CSP is consistent with the relationship between unabsorbed slack and corporate financial performance (CFP). Our results also show that absorbed slack generates a negative impact on CSP. Furthermore, our findings indicate that state ownership has a negative impact on the relationship between unabsorbed slack and CSP. This finding illustrates that state ownership weakens unabsorbed slack’s contribution to CSP.