Font Size: a A A

The Study On The Relationship And The Reason Between Enterprises Internationalization And Corporate Social Responsibility

Posted on:2015-11-29Degree:MasterType:Thesis
Country:ChinaCandidate:J J HeFull Text:PDF
GTID:2309330434451798Subject:International business
Abstract/Summary:PDF Full Text Request
Today, with fast development of the Chinese economy and the strategy of "going out", more and more companies began the process of choice-making in the international market. Corporate social responsibility has be become a hot topic in international environment, which make does influence to Chinese companies. How to make use of CSR to evade the risk of the internationalization, and make the harmonious development between economic and society is a huge challenge for all enterprise in our country.This paper mainly discussed the reason why so many enterprises take the CSR in the international market.We have chosen all the companies which had international background and published the CSR report from2009to2011as sample data. We want to analyze the reason of the enterprise to fulfill CSR from two aspects:the enterprise financing constraints, the type of enterprise strategy. First of all, we validated the relationship between internationalization and CSR, and we knocked out that the higher the degree of internationalization of enterprises had higher the enthusiasm for CSR. What’s more, we discussed the influencing factors between internationalization and the enterprises of different types which fulfilled social responsibility, and we discovered high gross profit margin of enterprises, large enterprises and the company whose products direct contact with consumers directly(CPD),are inclined to assume greater social responsibility. At last, We The use of cash-cash flowing model to examine the financing constraints of enterprises, and we found that fulfill social responsibility in China did help to reduce the financing constraints, and no use to reduce the financing constraints in the international market, but also won’t make the enterprise faced with more financing discrimination. According to the empirical results and related literature, this paper states that the enterprises fulfill CSR in the international market have several reasons:the social responsibility of internationalization in search for some of reasons:(1) The company which have higher gross profit margin tend to fulfill social responsibility actively. Manpower and material resources is necessary factors to fulfill CSR, which cost enterprise resources. In fact, this is the enterprise of a kind of intangible assets investment, and higher gross profit rate of companies invest have more power to do it.(2)In general, developed countries show more concern for corporate social responsibility. If enterprises have more assets in overseas, in other word enterprise internationalization degree is higher, which companies need to make efforts.(3)There are two reasons about can’t reduce the financing constraints:firstly, prejudice against China in the international market, which make foreign markets don’t fully trust domestic companies. Secondly, Overseas markets query authority of CSR.(4)The enterprise whose product is contact with the consumers directly tends to take more social responsibility:because consumers’ attitude will directly related to the production of the enterprise.(5) The larger the firm size in the internationalization the tendency to actively undertake social responsibility, mainly because that the people have a higher expectation on large enterprises.The significance of this paper is that:(1) this paper analyzes the reason of the pursuit of CSR is very meets the needs of the current situation.(2)It has great significance to promote company’s investment efficiency.
Keywords/Search Tags:CSR, Internationalization, Financing constraints
PDF Full Text Request
Related items