Publication detail

Does Core Competence Affect Corporate Social Responsibility?

Sun, Ch., Skapa, S., Liu, J., Horak, J., Yang. Y.

Original Title

Does Core Competence Affect Corporate Social Responsibility?

Type

journal article in Web of Science

Language

English

Original Abstract

Core competence is the key factor in the competitiveness of enterprises. This study examines whether enterprises with stronger core competence have the ability and motivation to fulfill more corporate social responsibilities. Taking the non-financial companies listed in the A-share market in China from 2010 to 2019 as the research samples, this paper constructs the measurement index of core competence by text analysis method and empirically tests the impact of core competence on corporate social responsibility. We find that the stronger the core competence is, the higher the corporate social responsibility will be, which means core competence can significantly improve corporate social responsibility. This conclusion remains significant after a series of robustness tests. The mechanism test shows that the impact of core competence on corporate social responsibility is realized by enhancing financial strength and increasing external attention. Further research shows that the relationship between core competence and corporate social responsibility are affected by the nature of the enterprise and the degree of market competition. When the enterprise is a non-state-owned enterprise or the industry competition is more intense, the influence of core competence on corporate social responsibility is stronger. This paper reveals the important impact of core competence on corporate social responsibility, which not only enriches the literature on the economic consequences of core competence and the influencing factors of corporate social responsibility but also has a certain practical significance for how to improve corporate social responsibility

Keywords

core competence, corporate social responsibility, financial strength, external attention

Authors

Sun, Ch., Skapa, S., Liu, J., Horak, J., Yang. Y.

Released

1. 12. 2021

ISBN

1804-1728

Periodical

Journal of Competitiveness

Year of study

13

Number

4

State

Czech Republic

Pages from

132

Pages to

150

Pages count

18

URL

https://www.cjournal.cz/index.php?hid=clanek&bid=aktualni&cid=429&cp=

BibTex

@article{BUT176245,
  author="Stanislav {Škapa} and Changling {Sun} and Jakub {Horák} and Jinzhao {Liu} and Yaning {Yang}",
  title="Does Core Competence Affect Corporate Social Responsibility?",
  journal="Journal of Competitiveness",
  year="2021",
  volume="13",
  number="4",
  pages="132--150",
  doi="10.7441/joc.2021.04.08",
  issn="1804-1728",
  url="https://www.cjournal.cz/index.php?hid=clanek&bid=aktualni&cid=429&cp="
}