The Research On The Effect Of The Top Management Team On The Corporate Social Responsibility

As corporate social responsibility research (CSR) is going into the field of economicsand management, many scholars have done a lot of empirical researches about that whichfactors affect on corporate social responsibility. However, these empirical studies mostlyfocused on corporate governance and the enterprise-level features, with little regard for thehuman. Since the Upper Echelons has been put forward by Hambrick and Mason in1984,Strategy and organization in the field of science has been widely acknowledged there is acorrelation between the demographic background characteristics of top management team(TMT) with organizational productivity, corporate strategy and business performance. The topmanagement team (TMT) heterogeneity as one of the TMT demographic backgroundcharacteristics has become one of the fastest strategy and organization of research anddevelopment in the field of strategy and organization sciences. However, few studies refer tothe TMT heterogeneity relations and corporate social responsibility.This paper based on upper echelons theory, social capital theory and so on as thetheoretical basis. And use the traditional paradigm that the top management teamdemographic background characteristics affect organizational performance and output. Focuson the way that the heterogeneity of top management team will have an influence oncorporate social responsibility. On the basis of economics, analysis and debate on corporatesocial responsibility, it will be more close to commercial reality. Meanwhile, with thecombination of the Chinese unique institutional environment, government intervention as themoderator will be introduced here in this paper. And the external institutional environmentwill be further verified whether it can affect the relations between heterogeneity and corporatesocial responsibility and how it works.This paper regards100state-owned enterprises and listed companies in the top100private enterprises in2011-2013Academy of Corporate Social Responsibility ResearchCenter issued for the study. Social Responsibility Index disclosed from "China CorporateSocial Responsibility Report" released by Academy Research Center as Corporate SocialResponsibility Index. And the relationship between government and the market involved in"The Chinese market index" compiled by Fan Gang, as a measure of government intervention.The results showed that: Firstly, the social capital heterogeneity, term heterogeneity andheterogeneity within Education of the senior management team has a significant positiveimpact on corporate social responsibility. While heterogeneity age, educational levelheterogeneity has no significant negative impact on social responsibility. Secondly,government intervention has negative reconciled the relationship among top management team heterogeneity of social capital, term heterogeneity with corporate social responsibilities.That is, when a listed company in less government intervention in the market, a significantpositive impact on the relationship between corporate social responsibility and topmanagement team social capital heterogeneity, term heterogeneity.