摘要
本文基于商业合法性的视角,考察了网络位置对企业社会责任报告行为(是否发布报告、报告质量如何)的影响,以及网络位置和网络密度交互效应。研究发现,中心性和企业社会责任报告行为正相关,即企业的网络中心性越高,越有可能发布社会责任报告,并且报告的质量也较高。结构洞和企业社会责任报告行为负相关,结构洞越丰富的企业,不仅发布社会责任报告的意愿较低,而且报告质量也较差。研究还发现,网络位置和网络密度的交互作用显著影响企业的社会责任报告行为。具体而言,网络密度越大,中心性和社会责任报告行为的正向关系越强,结构洞与社会责任报告行为的负向关系越弱。在考虑稳健性、内生性等问题后,以上研究结论仍然成立。研究发现深化了董事社会网络对企业社会责任的影响研究,还能为政策制定者如何引导企业承担社会责任提供启示。
Drawing on the perspective of business legitimacy, this study examines the effect of network embeddedness on corporate social responsibility （CSR） reporting （report issuing and report quality）, and the interaction effect of network position and network density. The study found that corporation with high centrality takes a positive attitude towards CSR, which means the higher the centrality, the higher the probability of report issuing and the higher quality of report. While corporation with rich structure holes takes the opposite attitude, which means the richer the structure holes, the lower the probability of report issuing and the lower quality of report. The research also found that network density could positively moderate the relationship between network embedded- hess and CSR reporting. More specifically, as the network density increase, the positive relationship between centrality and CSR reporting will be stronger, while the relationship between structur al holes and CSR reporting would become weaker. The above conclusions keep valid when considering endogeneity and robust checking. The results can deepen the study of the impact of directors＇ social networks on CSR, and provide advice for policy makers on how to guide enterprises to act social responsibly.
出处
《现代财经（天津财经大学学报）》
CSSCI
北大核心
2018年第3期82-98,共17页
Modern Finance and Economics：Journal of Tianjin University of Finance and Economics
基金
国家自然科学基金项目(71572075
71272108).
关键词
中心性
结构洞
企业社会责任
社会网络
商业合法性
centrality
structural holest corporate social responsibility
social networks
business legitimacy
