Research on the Impact of Overseas Investment on Corporate Social Responsibility of Listed Textile and Garment Enterprises

DOI

10.2991/assehr.k.211216.027How to use a DOI?

Keywords

Overseas investment; Listed textile and garment enterprises; Corporate social responsibility

Abstract

In the context of economic globalization and the Belt and Road Initiative, it is of great significance to explore the factors that influence textile and garment enterprises, which are an important part of China’s enterprise organization, to fulfill their social responsibilities, for the sustainable development of economy and society. Based on the data of 82 textiles and garment enterprises listed in Shanghai and Shenzhen A-share markets from 2016 to 2019, this paper uses a balanced panel data model to explore the impact of overseas investment on corporate social responsibility. Research shows that overseas investment will promote the fulfillment of social responsibility by textile and textile enterprises, while the scale and growth of enterprises also have a boosting effect on social responsibility. Textile and garment enterprises should promote the fulfillment of shared responsibility through overseas investment and expansion of enterprise scale, so as to achieve sustainable development.

Copyright

© 2021 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Ya Wang
AU  - Jiawen Peng
AU  - Jingyi Mai
AU  - Lei Yao
PY  - 2021
DA  - 2021/12/17
TI  - Research on the Impact of Overseas Investment on Corporate Social Responsibility of Listed Textile and Garment Enterprises
BT  - Proceedings of the 2021 International Conference on Social Sciences and Big Data Application (ICSSBDA 2021)
PB  - Atlantis Press
SP  - 131
EP  - 135
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211216.027
DO  - 10.2991/assehr.k.211216.027
ID  - Wang2021
ER  -