Journal of Finance and Accounting

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An Investigation of the Relationship Between Corporation Social Responsibility and Senior Managers Influence & Poverty Experience

Received: Nov. 21, 2019    Accepted:     Published: Jan. 04, 2020
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Abstract

The high-level echelon theory states that business executives are not“fully rational people”with economic assumptions in actual work. The management decision-making process of business executives is often affected by cognitive abilities, values and moral emotion. Taking the A-share listed companies in China from 2012 to 2015 as the research object, this paper analyzes the impact of the interaction between senior managers’ influence and their poverty experience on the corporate social responsibility. This study indicates that the senior managers’ poverty experience enhances the sense of corporate social responsibility. When the sub-index of senior managers’ influence and poverty experience are tested by analysis of regression, it is found that compared with the poverty environment of managers’ early experience, their three-year difficult period experience and special poverty experience have played a more significant role in strengthening the positive correlation between the senior managers’ influence and the corporate social responsibility. This investigation is helpful and beneficial for further studies on the "altruism" factors of corporate social responsibility and it could enrich the theoretical system of corporate social responsibility.

DOI 10.11648/j.jfa.20200801.11
Published in Journal of Finance and Accounting ( Volume 8, Issue 1, January 2020 )
Page(s) 1-8
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), 2024. Published by Science Publishing Group

Keywords

Senior Managers’ Influence, Poverty Experience, Interaction Effect, Corporate Social Responsibility

References
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[4] Slater, D., Dixon Fowler, H. CEO International Assignment Experience and Corporate Social Performance [J]. Journal of Business Ethics, 2009, 89 (3): 473-489.
[5] Kuhnen C, Niessen A. Is Executive Compensation Shaped by Public Attitudes? [R]. Evanston: Northwestern University, 2009.
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[7] Porter M E, Kramer M R. Strategy and Society: The Link between Competitive Advantage and Corporate Social Responsibility [J]. Harvard Business Review, 2006 (12): 36-37.
[8] Yang Junjie, Cao Guohua. CEO Reputation, Earnings Management and Investment Efficiency [J]. Soft Science, 2016, 30 (11): 71-77.
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  • APA Style

    Qiang Zhang, Bo Wang, ChengZhong Liao. (2020). An Investigation of the Relationship Between Corporation Social Responsibility and Senior Managers Influence & Poverty Experience. Journal of Finance and Accounting, 8(1), 1-8. https://doi.org/10.11648/j.jfa.20200801.11

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    ACS Style

    Qiang Zhang; Bo Wang; ChengZhong Liao. An Investigation of the Relationship Between Corporation Social Responsibility and Senior Managers Influence & Poverty Experience. J. Finance Account. 2020, 8(1), 1-8. doi: 10.11648/j.jfa.20200801.11

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    AMA Style

    Qiang Zhang, Bo Wang, ChengZhong Liao. An Investigation of the Relationship Between Corporation Social Responsibility and Senior Managers Influence & Poverty Experience. J Finance Account. 2020;8(1):1-8. doi: 10.11648/j.jfa.20200801.11

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  • @article{10.11648/j.jfa.20200801.11,
      author = {Qiang Zhang and Bo Wang and ChengZhong Liao},
      title = {An Investigation of the Relationship Between Corporation Social Responsibility and Senior Managers Influence & Poverty Experience},
      journal = {Journal of Finance and Accounting},
      volume = {8},
      number = {1},
      pages = {1-8},
      doi = {10.11648/j.jfa.20200801.11},
      url = {https://doi.org/10.11648/j.jfa.20200801.11},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.jfa.20200801.11},
      abstract = {The high-level echelon theory states that business executives are not“fully rational people”with economic assumptions in actual work. The management decision-making process of business executives is often affected by cognitive abilities, values and moral emotion. Taking the A-share listed companies in China from 2012 to 2015 as the research object, this paper analyzes the impact of the interaction between senior managers’ influence and their poverty experience on the corporate social responsibility. This study indicates that the senior managers’ poverty experience enhances the sense of corporate social responsibility. When the sub-index of senior managers’ influence and poverty experience are tested by analysis of regression, it is found that compared with the poverty environment of managers’ early experience, their three-year difficult period experience and special poverty experience have played a more significant role in strengthening the positive correlation between the senior managers’ influence and the corporate social responsibility. This investigation is helpful and beneficial for further studies on the "altruism" factors of corporate social responsibility and it could enrich the theoretical system of corporate social responsibility.},
     year = {2020}
    }
    

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    JF  - Journal of Finance and Accounting
    JO  - Journal of Finance and Accounting
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    AB  - The high-level echelon theory states that business executives are not“fully rational people”with economic assumptions in actual work. The management decision-making process of business executives is often affected by cognitive abilities, values and moral emotion. Taking the A-share listed companies in China from 2012 to 2015 as the research object, this paper analyzes the impact of the interaction between senior managers’ influence and their poverty experience on the corporate social responsibility. This study indicates that the senior managers’ poverty experience enhances the sense of corporate social responsibility. When the sub-index of senior managers’ influence and poverty experience are tested by analysis of regression, it is found that compared with the poverty environment of managers’ early experience, their three-year difficult period experience and special poverty experience have played a more significant role in strengthening the positive correlation between the senior managers’ influence and the corporate social responsibility. This investigation is helpful and beneficial for further studies on the "altruism" factors of corporate social responsibility and it could enrich the theoretical system of corporate social responsibility.
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Author Information
  • School of Economics and Management, Southwest University of Science and Technology, Mianyang, P. R. China

  • School of Civil Engineering and Architecture, Southwest University of Science and Technology, Mianyang, P. R. China; School of Economics and Management, Southwest Jiaotong University, Chengdu, P. R. China

  • School of Marxism, Southwest University of Science and Technology, Mianyang, P. R. China

  • Section