Sustainable corporate governance mediates between firm performance and corporate social responsibility using structural equation modelling

نویسندگان

چکیده

It is crucial for the corporate sector to set aside a reasonable proportion of revenues sustainable environment transfer favorable and long-lasting impact upcoming generations. This study analyzed firm performance (FP) 25 energy sample firms Shanghai stock exchange (SSE) on social responsibility (CSR) period 2011–2020 in light role intervening variable, governance (CG). The data were tested through multiple regression structural equation models. conducted developed economy with rare mediator CG attempt fill gap previous studies specific region developing economies. results show pivotal FP CSR practices. In addition, more established mechanism, as mediator, has considerable between predictor predicted variables study. concluded from that economies are sustainability conscious than countries’ terms practices, which been observed findings previously nations. Furthermore, model analysis values βs return assets (ROA = 0.48), equity (ROE 0.65), sales (ROS 0.80), debt-ratio (LIB 0.40) considerably affects firms. also correlation matrix indicators (ROA, ROS, ROE, LIB) have positive well significant effects study’s detailed policy implications provided conclusion section.

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ژورنال

عنوان ژورنال: Frontiers in Energy Research

سال: 2023

ISSN: ['2296-598X']

DOI: https://doi.org/10.3389/fenrg.2023.1121853