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Inertia of Original Country’s CSR Impact on Corporate Financial and Market Performance : Evidence of Multinational Corporations in China

After entering the host country, multinational corporations often adopt a series of localization strategies in order to overcome the maladjustment caused by the inertia of some corporations when operating in the host country. This paper selects the corporate social responsibility inertia, which is m...

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Main Authors: Bo, Wu, Hamrila, Abdul Latip, Mahani, Mohammad, Sharizal, Hashim
Format: Article
Language:English
Published: Scientific Research Publishing 2023
Subjects:
HD28 Management. Industrial Management
Online Access:http://ir.unimas.my/id/eprint/45066/3/Inertia%20of%20Original%20Country%E2%80%99s%20CSR%20-%20Copy.pdf
http://ir.unimas.my/id/eprint/45066/
https://www.scirp.org/journal/paperinformation?paperid=123963
https://doi.org/10.4236/ib.2023.151004
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spelling my.unimas.ir.450662024-06-26T06:18:50Z http://ir.unimas.my/id/eprint/45066/ Inertia of Original Country’s CSR Impact on Corporate Financial and Market Performance : Evidence of Multinational Corporations in China Bo, Wu Hamrila, Abdul Latip Mahani, Mohammad Sharizal, Hashim HD28 Management. Industrial Management After entering the host country, multinational corporations often adopt a series of localization strategies in order to overcome the maladjustment caused by the inertia of some corporations when operating in the host country. This paper selects the corporate social responsibility inertia, which is most easily ignored in the corporate organizational inertia, as the analysis point to explore the impact of corporate social responsibility inertia on corporate performance and market. This combination of stakeholder theory and corporate social responsibility: structural inertia, environmental protection inertia and moral inertia. And use fixed effects mode in econometrics to empirically test the market performance data of multinational corporations in China from 2017 to 2022. The research finds that the structural inertia of corporate social responsibility negatively affects corporate performance. The moral inertia and environmental protection inertia of corporate social responsibility effects on corporation market performance is shown as a Kuznets curve. Through the improvement of localization strategy, corporations can overcome the inertia of the original country. Scientific Research Publishing 2023-03-29 Article PeerReviewed text en http://ir.unimas.my/id/eprint/45066/3/Inertia%20of%20Original%20Country%E2%80%99s%20CSR%20-%20Copy.pdf Bo, Wu and Hamrila, Abdul Latip and Mahani, Mohammad and Sharizal, Hashim (2023) Inertia of Original Country’s CSR Impact on Corporate Financial and Market Performance : Evidence of Multinational Corporations in China. iBusiness, 15. pp. 60-70. ISSN 2150-4075 https://www.scirp.org/journal/paperinformation?paperid=123963 https://doi.org/10.4236/ib.2023.151004
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic HD28 Management. Industrial Management
spellingShingle HD28 Management. Industrial Management
Bo, Wu
Hamrila, Abdul Latip
Mahani, Mohammad
Sharizal, Hashim
Inertia of Original Country’s CSR Impact on Corporate Financial and Market Performance : Evidence of Multinational Corporations in China
description After entering the host country, multinational corporations often adopt a series of localization strategies in order to overcome the maladjustment caused by the inertia of some corporations when operating in the host country. This paper selects the corporate social responsibility inertia, which is most easily ignored in the corporate organizational inertia, as the analysis point to explore the impact of corporate social responsibility inertia on corporate performance and market. This combination of stakeholder theory and corporate social responsibility: structural inertia, environmental protection inertia and moral inertia. And use fixed effects mode in econometrics to empirically test the market performance data of multinational corporations in China from 2017 to 2022. The research finds that the structural inertia of corporate social responsibility negatively affects corporate performance. The moral inertia and environmental protection inertia of corporate social responsibility effects on corporation market performance is shown as a Kuznets curve. Through the improvement of localization strategy, corporations can overcome the inertia of the original country.
format Article
author Bo, Wu
Hamrila, Abdul Latip
Mahani, Mohammad
Sharizal, Hashim
author_facet Bo, Wu
Hamrila, Abdul Latip
Mahani, Mohammad
Sharizal, Hashim
author_sort Bo, Wu
title Inertia of Original Country’s CSR Impact on Corporate Financial and Market Performance : Evidence of Multinational Corporations in China
title_short Inertia of Original Country’s CSR Impact on Corporate Financial and Market Performance : Evidence of Multinational Corporations in China
title_full Inertia of Original Country’s CSR Impact on Corporate Financial and Market Performance : Evidence of Multinational Corporations in China
title_fullStr Inertia of Original Country’s CSR Impact on Corporate Financial and Market Performance : Evidence of Multinational Corporations in China
title_full_unstemmed Inertia of Original Country’s CSR Impact on Corporate Financial and Market Performance : Evidence of Multinational Corporations in China
title_sort inertia of original country’s csr impact on corporate financial and market performance : evidence of multinational corporations in china
publisher Scientific Research Publishing
publishDate 2023
url http://ir.unimas.my/id/eprint/45066/3/Inertia%20of%20Original%20Country%E2%80%99s%20CSR%20-%20Copy.pdf
http://ir.unimas.my/id/eprint/45066/
https://www.scirp.org/journal/paperinformation?paperid=123963
https://doi.org/10.4236/ib.2023.151004
_version_ 1802981842221006848
score 13.211869

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