Science Research Management ›› 2013, Vol. ›› Issue (3): 58-67.

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The relationship among the industrial competition attribute, company characteristics,and social responsibility—Based on the empirical analysis of the listed company

Yang Zhongzhi, Qiao Yinhu   

  1. School of Accounting, Zhejiang University of Finance and Economics, Hangzhou 310018, China
  • Received:2012-05-10 Revised:2012-10-31 Online:2013-03-27 Published:2013-03-19

Abstract: Based on the data of listed companies in both Shanghai and Shenzhen Stock Exchanges from the year of 2008 to 2010 and typical features of China industrial competition,how the factors, such as the company size,capital structure, profitability, property right characteristics, shareholding structure, etc., affect listed companies to take social responsibility is analyzed. The empirical findings are that the company social responsibility is determined not only by the own features of company,but also by the attribute of competition in its industry. The industries with higher monopolistic degree have done better for performing social responsibility than that of the industries with fiercer competitive. However, the natures of companies under different industry competition attributes result in different performances of social responsibility. The impact of the company features on performing social responsibility is closely related to its industrial competitive status.

Key words: industrial attribute, company characteristic, social responsibility, monopoly, competition

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