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Corporate Social Responsibility Dimensions of Selected Chinese Listed Companies Towards the Development of An Enterprise Value Framework

Year: 2024

Type: article

Abstract: The aim of this study is to explore how various dimensions of Chinese listed companies' fulfillment of social responsibility (CSR) affect enterprise value and develop a enterprise value framework. The main focus of the research is on enterprise value indicators such as Economic Value Added (EVA), Return on Equity (ROE), and Tobin's Q Ratio (TQR), as well as their relationship with the performance of economic responsibility, legal responsibility, public welfare responsibility, and environmental responsibility. The study selected Chinese listed companies as research subjects and collected relevant data from 2014 to 2023.The research findings indicate that certain aspects of CSR, particularly economic responsibility , have a significant positive impact on enterprise value. Therefore, an enterprise value framework has been developed.

Source: Frontiers in Business Economics and Management

DOI: 10.54097/rnw3kv52

Author: Wenda Xu

Institution: Adamson University

Language: English

Topic: Corporate Social Responsibility Reporting

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W4405747758

FWCI:

Cites: 1

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Related to: 10