CEO compensation, corporate social responsibility (CSR) and firm performance: evidence from China

This paper investigated the moderating effect of Corporate Social Responsibility (CSR) on the relationship between CEO compensation and firm performance on the Chinese capital market. This paper applied a panel data regression technique using data composition represented by SSE180 index for a period...

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Main Authors: Miao Wenhao, Junainah Jaidi, Rosle Mohidin
Format: Proceedings
Language:English
English
Published: Universiti Malaysia Sabah 2020
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/27558/2/CEO%20Compensation%2C%20Corporate%20Social%20Responsibility%20%28CSR%29%20and%20Firm%20Performance%2C%20Evidence%20from%20China.pdf
https://eprints.ums.edu.my/id/eprint/27558/5/CEO%20Compensation%2C%20Corporate%20Social%20Responsibility%20%28CSR%29%20and%20Firm%20Performance%2C%20Evidence%20from%20China-Abstract.pdf
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author Miao Wenhao
Junainah Jaidi
Rosle Mohidin
author_facet Miao Wenhao
Junainah Jaidi
Rosle Mohidin
author_sort Miao Wenhao
collection UMS
description This paper investigated the moderating effect of Corporate Social Responsibility (CSR) on the relationship between CEO compensation and firm performance on the Chinese capital market. This paper applied a panel data regression technique using data composition represented by SSE180 index for a period spanning from 2010 until 2019. A total of 86 representative large listed firms was employed in this paper for the period of 10 years with a total of 860 firm-year observation. The empirical results showed that both CEO compensation and CSR have a significant positive relationship with firm performance. More importantly, this paper found that the level of CSR moderates (reduces) the relationship between CEO compensation and firm performance. Therefore, the results implied that although CSR is a useful business strategy, it still has a lot of room for improvement.
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spelling ums.eprints-275582021-07-04T12:55:15Z https://eprints.ums.edu.my/id/eprint/27558/ CEO compensation, corporate social responsibility (CSR) and firm performance: evidence from China Miao Wenhao Junainah Jaidi Rosle Mohidin DS Asia HD Industries. Land use. Labor This paper investigated the moderating effect of Corporate Social Responsibility (CSR) on the relationship between CEO compensation and firm performance on the Chinese capital market. This paper applied a panel data regression technique using data composition represented by SSE180 index for a period spanning from 2010 until 2019. A total of 86 representative large listed firms was employed in this paper for the period of 10 years with a total of 860 firm-year observation. The empirical results showed that both CEO compensation and CSR have a significant positive relationship with firm performance. More importantly, this paper found that the level of CSR moderates (reduces) the relationship between CEO compensation and firm performance. Therefore, the results implied that although CSR is a useful business strategy, it still has a lot of room for improvement. Universiti Malaysia Sabah 2020 Proceedings PeerReviewed text en https://eprints.ums.edu.my/id/eprint/27558/2/CEO%20Compensation%2C%20Corporate%20Social%20Responsibility%20%28CSR%29%20and%20Firm%20Performance%2C%20Evidence%20from%20China.pdf text en https://eprints.ums.edu.my/id/eprint/27558/5/CEO%20Compensation%2C%20Corporate%20Social%20Responsibility%20%28CSR%29%20and%20Firm%20Performance%2C%20Evidence%20from%20China-Abstract.pdf Miao Wenhao and Junainah Jaidi and Rosle Mohidin (2020) CEO compensation, corporate social responsibility (CSR) and firm performance: evidence from China. http://ir.umk.edu.my/bitstream/123456789/1547/1/UMS%20CONFERENCE%20POCEEDINGS%20HR%2020%20OCTOBER%202020.pdf
spellingShingle DS Asia
HD Industries. Land use. Labor
Miao Wenhao
Junainah Jaidi
Rosle Mohidin
CEO compensation, corporate social responsibility (CSR) and firm performance: evidence from China
title CEO compensation, corporate social responsibility (CSR) and firm performance: evidence from China
title_full CEO compensation, corporate social responsibility (CSR) and firm performance: evidence from China
title_fullStr CEO compensation, corporate social responsibility (CSR) and firm performance: evidence from China
title_full_unstemmed CEO compensation, corporate social responsibility (CSR) and firm performance: evidence from China
title_short CEO compensation, corporate social responsibility (CSR) and firm performance: evidence from China
title_sort ceo compensation corporate social responsibility csr and firm performance evidence from china
topic DS Asia
HD Industries. Land use. Labor
url https://eprints.ums.edu.my/id/eprint/27558/2/CEO%20Compensation%2C%20Corporate%20Social%20Responsibility%20%28CSR%29%20and%20Firm%20Performance%2C%20Evidence%20from%20China.pdf
https://eprints.ums.edu.my/id/eprint/27558/5/CEO%20Compensation%2C%20Corporate%20Social%20Responsibility%20%28CSR%29%20and%20Firm%20Performance%2C%20Evidence%20from%20China-Abstract.pdf
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AT junainahjaidi ceocompensationcorporatesocialresponsibilitycsrandfirmperformanceevidencefromchina
AT roslemohidin ceocompensationcorporatesocialresponsibilitycsrandfirmperformanceevidencefromchina