Enhancing the corporate social & environmental responsibility of Chinese energy enterprises: A view from the role of management compensation incentive
文献类型:期刊论文
作者 | He, Jiaxin1; Li, Jingyi2; Chen, Xing3 |
刊名 | HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS |
出版日期 | 2024-02-06 |
卷号 | 11期号:1页码:13 |
DOI | 10.1057/s41599-024-02687-1 |
通讯作者 | Chen, Xing(chenxing507@dlut.edu.cn) |
英文摘要 | Energy enterprises are an important basis for ensuring national energy security and economic development, and their social responsibility is closely related to addressing environmental concerns such as over-exploitation of resources and excessive discharge of pollution. The casual effects of management compensation incentives on corporate social & environmental responsibility are explored based on the panel data of Chinese energy enterprises from 2010 to 2021 using the instrumental variable estimation method. The results indicate that management salary incentives can significantly promote the implementation of corporate social responsibility and environmental responsibility, while the proportion of management shareholding will reduce corporate social responsibility (CSR) and environmental responsibility (CER) activities. In addition, there are obvious industry differences and corporate ownership differences in the effects of management compensation incentives on CSR and CER. The negative impact of equity incentives on CSR and CER is even more pronounced in the electricity and environmental industry, and salary incentives have a greater positive effect on CSR for state-owned enterprises. The study shows that enterprises should focus on the salary incentive of managers and appropriately reduce their shareholding. The government should pay attention to the development of state-owned energy enterprises, and limit the shareholding ratio of management through policies and other incentive systems. |
WOS关键词 | EXECUTIVE-COMPENSATION ; PERFORMANCE EVIDENCE ; CEO COMPENSATION ; IMPACT ; GOVERNANCE ; MATTER ; CSR ; PAY ; OWNERSHIP ; VALUATION |
资助项目 | National Social Science Foundation of China[22CJY056] |
WOS研究方向 | Arts & Humanities - Other Topics ; Social Sciences - Other Topics |
语种 | 英语 |
出版者 | SPRINGERNATURE |
WOS记录号 | WOS:001157193300001 |
资助机构 | National Social Science Foundation of China |
源URL | [http://ir.igsnrr.ac.cn/handle/311030/202500] |
专题 | 中国科学院地理科学与资源研究所 |
通讯作者 | Chen, Xing |
作者单位 | 1.Yibin Univ, Dept Econ & Business Adm, Yibin 644000, Sichuan, Peoples R China 2.Chinese Acad Sci, Inst Geog Sci & Nat Resources Res, Beijing 100101, Peoples R China 3.Dalian Univ Technol, Inst Carbon Peak & Neutral, Sch Econ & Management, Dalian 116024, Liaoning, Peoples R China |
推荐引用方式 GB/T 7714 | He, Jiaxin,Li, Jingyi,Chen, Xing. Enhancing the corporate social & environmental responsibility of Chinese energy enterprises: A view from the role of management compensation incentive[J]. HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS,2024,11(1):13. |
APA | He, Jiaxin,Li, Jingyi,&Chen, Xing.(2024).Enhancing the corporate social & environmental responsibility of Chinese energy enterprises: A view from the role of management compensation incentive.HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS,11(1),13. |
MLA | He, Jiaxin,et al."Enhancing the corporate social & environmental responsibility of Chinese energy enterprises: A view from the role of management compensation incentive".HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS 11.1(2024):13. |
入库方式: OAI收割
来源:地理科学与资源研究所
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