The effect of air pollution on corporate social responsibility performance in high energy-consumption industry: Evidence from Chinese listed companies

摘要

The sharp contradiction between environment and economy arouses stronger expectancy that corporates should engage in corporate social responsibility (CSR). Unfortunately, there is little empirical evidence that explains CSR from an air-pollution perspective. Based on this research gap, adopting 482 Chinese listed companies from 2014 to 2017 as sample, this study explores the effect of air pollution on CSR performance in Chinese high energy-consumption industry. The results show that worse air pollution significantly increases the CSR performance. And this relationship is stronger under higher executive political ties, firms' better prior performance, and higher market development level. Our conclusions provide plentiful theoretical contributions to CSR and clean production field, as well as some implications for enterprises and governments. (C) 2020 Elsevier Ltd. All rights reserved.