From the perspective of sustainable development,this paper analyzes the impact of corporate social responsibility(CSR)on the corporate’s continuous innovation based on the theory of innovation economics and the deman...From the perspective of sustainable development,this paper analyzes the impact of corporate social responsibility(CSR)on the corporate’s continuous innovation based on the theory of innovation economics and the demand for innovation-driven development,and then conducts a series of empirical tests based on a sample of Chinese A-shared listed companies from 2008 to 2016.The results show that better CSR performance is conducive to the continuous innovation,and this positive relationship is more pronounced for firms with voluntary accounting information disclosure,for firms of non-high-technology industries,and when policy uncertainty is high.This paper not only enriches the literature on CSR but also provides theoretical references for the innovation practice of enterprises under the innovation-driven strategy.展开更多
基金This paper is supported by the National Social Science Funds of China“Research on Coupling Mechanism,Efficiency and Mode of Scientific and Technological Innovation and Financial Innovation”(No.13bjy02)China Scholarship Council Public Scholarship Fund(No.201606950028).
文摘From the perspective of sustainable development,this paper analyzes the impact of corporate social responsibility(CSR)on the corporate’s continuous innovation based on the theory of innovation economics and the demand for innovation-driven development,and then conducts a series of empirical tests based on a sample of Chinese A-shared listed companies from 2008 to 2016.The results show that better CSR performance is conducive to the continuous innovation,and this positive relationship is more pronounced for firms with voluntary accounting information disclosure,for firms of non-high-technology industries,and when policy uncertainty is high.This paper not only enriches the literature on CSR but also provides theoretical references for the innovation practice of enterprises under the innovation-driven strategy.