Firm growth, business risk, and corporate social responsibility in Taiwan’s food industry

Shiu Wan Hung, Chiao Ming Li, Joe Ming Lee

研究成果: 雜誌貢獻期刊論文同行評審

5 引文 斯高帕斯(Scopus)

摘要

This study applies the multiple-regime panel smooth transition regression (MR-PSTR) estimation to investigate the non-linear dynamic relationship between a firm’s corporate social responsibility (CSR) and firm growth in the food industry under the size threshold, using a panel of 30 Taiwanese food firms during 2007–2017. Our empirical results reveal that firm growth and firm size present a non-linear relationship, and that firm growth is different under the size threshold value and the control variables of firm age, CSR, R&D innovation, and finance policy. Corporate social responsibility helps reduce business risk. Regardless of the type and size, for many food industries, CSR is no longer an arbitrary choice, but an essential requirement.

原文???core.languages.en_GB???
頁(從 - 到)366-374
頁數9
期刊Agricultural Economics (Czech Republic)
65
發行號8
DOIs
出版狀態已出版 - 2019

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