Research on Impact of Internet Corporate Social Responsibility on Corporate Financial Performance Based on Linear Regression Model

Liangcan Liu; Hang Ren; Tianhui Chen; Jia Chen

doi:doi:10.11648/j.jfa.20231101.13

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Research on Impact of Internet Corporate Social Responsibility on Corporate Financial Performance Based on Linear Regression Model

Liangcan Liu, Hang Ren, Tianhui Chen, Jia Chen

Published in Journal of Finance and Accounting (Volume 11, Issue 1)

Received: 14 January 2023 Accepted: 2 February 2023 Published: 14 February 2023

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Abstract

Since China was fully connected to the Internet, the local Internet has continued to grow along with its economic strength, and Internet companies such as artificial intelligence, e-commerce, big data, block chain and electronic payment have risen rapidly. In the process of development, Internet enterprises realize the importance of social responsibility and take the initiative to shoulder social responsibility, and make a lot of contributions to the society. The relationship between social responsibility and the financial performance of Internet companies has always been the focus of academic and research discussions. Based on the linear regression model, innovation capability was introduced to explore the boundary conditions between social responsibility and the financial performance of the companies. An empirical study was conducted using a research sample of listed Internet companies in China from 2018 to 2020. The results show that (1) social responsibility of the Internet corporate has a positive effect on short-term financial performance, (2) Internet corporate social responsibility has a positive effect on the long-term financial performance of enterprises, (3) innovation capability weakens the impact of Internet corporate social responsibility on short-term financial performance, and (4) the influence of innovation capability on the long-term financial performance of Internet companies in social responsibility. The research conclusion provides Internet enterprises with social responsibility strategies and evaluation of long-term and short-term financial performance.

Published in	Journal of Finance and Accounting (Volume 11, Issue 1)
DOI	10.11648/j.jfa.20231101.13
Page(s)	26-31
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2023. Published by Science Publishing Group

Keywords

Internet Corporate Social Responsibility, Corporate Financial Performance, Innovation Capability, Linear Regression Model

References

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APA Style

Liangcan Liu, Hang Ren, Tianhui Chen, Jia Chen. (2023). Research on Impact of Internet Corporate Social Responsibility on Corporate Financial Performance Based on Linear Regression Model. Journal of Finance and Accounting, 11(1), 26-31. https://doi.org/10.11648/j.jfa.20231101.13

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ACS Style

Liangcan Liu; Hang Ren; Tianhui Chen; Jia Chen. Research on Impact of Internet Corporate Social Responsibility on Corporate Financial Performance Based on Linear Regression Model. J. Finance Account. 2023, 11(1), 26-31. doi: 10.11648/j.jfa.20231101.13

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AMA Style

Liangcan Liu, Hang Ren, Tianhui Chen, Jia Chen. Research on Impact of Internet Corporate Social Responsibility on Corporate Financial Performance Based on Linear Regression Model. J Finance Account. 2023;11(1):26-31. doi: 10.11648/j.jfa.20231101.13

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@article{10.11648/j.jfa.20231101.13,
  author = {Liangcan Liu and Hang Ren and Tianhui Chen and Jia Chen},
  title = {Research on Impact of Internet Corporate Social Responsibility on Corporate Financial Performance Based on Linear Regression Model},
  journal = {Journal of Finance and Accounting},
  volume = {11},
  number = {1},
  pages = {26-31},
  doi = {10.11648/j.jfa.20231101.13},
  url = {https://doi.org/10.11648/j.jfa.20231101.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20231101.13},
  abstract = {Since China was fully connected to the Internet, the local Internet has continued to grow along with its economic strength, and Internet companies such as artificial intelligence, e-commerce, big data, block chain and electronic payment have risen rapidly. In the process of development, Internet enterprises realize the importance of social responsibility and take the initiative to shoulder social responsibility, and make a lot of contributions to the society. The relationship between social responsibility and the financial performance of Internet companies has always been the focus of academic and research discussions. Based on the linear regression model, innovation capability was introduced to explore the boundary conditions between social responsibility and the financial performance of the companies. An empirical study was conducted using a research sample of listed Internet companies in China from 2018 to 2020. The results show that (1) social responsibility of the Internet corporate has a positive effect on short-term financial performance, (2) Internet corporate social responsibility has a positive effect on the long-term financial performance of enterprises, (3) innovation capability weakens the impact of Internet corporate social responsibility on short-term financial performance, and (4) the influence of innovation capability on the long-term financial performance of Internet companies in social responsibility. The research conclusion provides Internet enterprises with social responsibility strategies and evaluation of long-term and short-term financial performance.},
 year = {2023}
}

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TY  - JOUR
T1  - Research on Impact of Internet Corporate Social Responsibility on Corporate Financial Performance Based on Linear Regression Model
AU  - Liangcan Liu
AU  - Hang Ren
AU  - Tianhui Chen
AU  - Jia Chen
Y1  - 2023/02/14
PY  - 2023
N1  - https://doi.org/10.11648/j.jfa.20231101.13
DO  - 10.11648/j.jfa.20231101.13
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 26
EP  - 31
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20231101.13
AB  - Since China was fully connected to the Internet, the local Internet has continued to grow along with its economic strength, and Internet companies such as artificial intelligence, e-commerce, big data, block chain and electronic payment have risen rapidly. In the process of development, Internet enterprises realize the importance of social responsibility and take the initiative to shoulder social responsibility, and make a lot of contributions to the society. The relationship between social responsibility and the financial performance of Internet companies has always been the focus of academic and research discussions. Based on the linear regression model, innovation capability was introduced to explore the boundary conditions between social responsibility and the financial performance of the companies. An empirical study was conducted using a research sample of listed Internet companies in China from 2018 to 2020. The results show that (1) social responsibility of the Internet corporate has a positive effect on short-term financial performance, (2) Internet corporate social responsibility has a positive effect on the long-term financial performance of enterprises, (3) innovation capability weakens the impact of Internet corporate social responsibility on short-term financial performance, and (4) the influence of innovation capability on the long-term financial performance of Internet companies in social responsibility. The research conclusion provides Internet enterprises with social responsibility strategies and evaluation of long-term and short-term financial performance.
VL  - 11
IS  - 1
ER  -

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Author Information

Liangcan Liu

School of Business Administration, Guizhou University of Finance and Economics, Guiyang, China
Hang Ren

School of Business Administration, Guizhou University of Finance and Economics, Guiyang, China
Tianhui Chen

School of Business Administration, Guizhou University of Finance and Economics, Guiyang, China
Jia Chen

School of Business Administration, Guizhou University of Finance and Economics, Guiyang, China

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Plain Text BibTeX RIS

APA Style

Liangcan Liu, Hang Ren, Tianhui Chen, Jia Chen. (2023). Research on Impact of Internet Corporate Social Responsibility on Corporate Financial Performance Based on Linear Regression Model. Journal of Finance and Accounting, 11(1), 26-31. https://doi.org/10.11648/j.jfa.20231101.13

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ACS Style

Liangcan Liu; Hang Ren; Tianhui Chen; Jia Chen. Research on Impact of Internet Corporate Social Responsibility on Corporate Financial Performance Based on Linear Regression Model. J. Finance Account. 2023, 11(1), 26-31. doi: 10.11648/j.jfa.20231101.13

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AMA Style

Liangcan Liu, Hang Ren, Tianhui Chen, Jia Chen. Research on Impact of Internet Corporate Social Responsibility on Corporate Financial Performance Based on Linear Regression Model. J Finance Account. 2023;11(1):26-31. doi: 10.11648/j.jfa.20231101.13

Copy | Download

@article{10.11648/j.jfa.20231101.13,
  author = {Liangcan Liu and Hang Ren and Tianhui Chen and Jia Chen},
  title = {Research on Impact of Internet Corporate Social Responsibility on Corporate Financial Performance Based on Linear Regression Model},
  journal = {Journal of Finance and Accounting},
  volume = {11},
  number = {1},
  pages = {26-31},
  doi = {10.11648/j.jfa.20231101.13},
  url = {https://doi.org/10.11648/j.jfa.20231101.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20231101.13},
  abstract = {Since China was fully connected to the Internet, the local Internet has continued to grow along with its economic strength, and Internet companies such as artificial intelligence, e-commerce, big data, block chain and electronic payment have risen rapidly. In the process of development, Internet enterprises realize the importance of social responsibility and take the initiative to shoulder social responsibility, and make a lot of contributions to the society. The relationship between social responsibility and the financial performance of Internet companies has always been the focus of academic and research discussions. Based on the linear regression model, innovation capability was introduced to explore the boundary conditions between social responsibility and the financial performance of the companies. An empirical study was conducted using a research sample of listed Internet companies in China from 2018 to 2020. The results show that (1) social responsibility of the Internet corporate has a positive effect on short-term financial performance, (2) Internet corporate social responsibility has a positive effect on the long-term financial performance of enterprises, (3) innovation capability weakens the impact of Internet corporate social responsibility on short-term financial performance, and (4) the influence of innovation capability on the long-term financial performance of Internet companies in social responsibility. The research conclusion provides Internet enterprises with social responsibility strategies and evaluation of long-term and short-term financial performance.},
 year = {2023}
}

Copy | Download

TY  - JOUR
T1  - Research on Impact of Internet Corporate Social Responsibility on Corporate Financial Performance Based on Linear Regression Model
AU  - Liangcan Liu
AU  - Hang Ren
AU  - Tianhui Chen
AU  - Jia Chen
Y1  - 2023/02/14
PY  - 2023
N1  - https://doi.org/10.11648/j.jfa.20231101.13
DO  - 10.11648/j.jfa.20231101.13
T2  - Journal of Finance and Accounting
JF  - Journal of Finance and Accounting
JO  - Journal of Finance and Accounting
SP  - 26
EP  - 31
PB  - Science Publishing Group
SN  - 2330-7323
UR  - https://doi.org/10.11648/j.jfa.20231101.13
AB  - Since China was fully connected to the Internet, the local Internet has continued to grow along with its economic strength, and Internet companies such as artificial intelligence, e-commerce, big data, block chain and electronic payment have risen rapidly. In the process of development, Internet enterprises realize the importance of social responsibility and take the initiative to shoulder social responsibility, and make a lot of contributions to the society. The relationship between social responsibility and the financial performance of Internet companies has always been the focus of academic and research discussions. Based on the linear regression model, innovation capability was introduced to explore the boundary conditions between social responsibility and the financial performance of the companies. An empirical study was conducted using a research sample of listed Internet companies in China from 2018 to 2020. The results show that (1) social responsibility of the Internet corporate has a positive effect on short-term financial performance, (2) Internet corporate social responsibility has a positive effect on the long-term financial performance of enterprises, (3) innovation capability weakens the impact of Internet corporate social responsibility on short-term financial performance, and (4) the influence of innovation capability on the long-term financial performance of Internet companies in social responsibility. The research conclusion provides Internet enterprises with social responsibility strategies and evaluation of long-term and short-term financial performance.
VL  - 11
IS  - 1
ER  -

Copy | Download