Patterns of Corporate Responsibility Practices for High Financial Performance: Evidence from Three Chinese Societies
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The growing literature on corporate responsibility (CR) has drawn attention to how different CR practices complement each other and interact in the form of configurations. This study investigated CR patterns associated with high financial performance for 466 firms in Mainland China, Hong Kong, and Taiwan. We applied a set-theoretic approach using qualitative comparative analysis to identify similarities and differences across these three societies in configurations of CR practices relating to customer, employee, investor, community, and environmental stakeholder groups. The extent to which the financial benefits of various configurations of CR practices are attributable to institutional factors is examined.
KeywordsCorporate responsibility practice Configuration Institution QCA analysis
This research received support through the Central Research Grant (G-YL38) from the Hong Kong Polytechnic University.
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