CSR has been a foreign concept for Chinese firms. It was first introduced into the Chinese Corporate Law in 2006. Yet, many companies lack of adequate knowledge of CSR and also the institutional support such as NGOs were also underdeveloped. At the early stage, how did companies engage in CSR activities? We find that small and medium sized companies ... Read More

In recent decades, corporate social responsibility, or CSR, has become an increasingly important aspect of firms’ operations. For companies in emerging and transitional markets, where market-based institutions are relatively weak, governments have played a key role in driving CSR. A case in point is China, where the government has pushed CSR as a way of ... Read More

HKUST’s Danqing Wang and co-researchers claim that political term, which they define as “the tenure of an official at a certain level on the career ladder,” can influence the incentives of newly appointed government officials and their efforts to achieve the state’s foreign direct investment (FDI) goals. In a novel study that sheds light on intra-country FDI ... Read More

Since the market reform of 1978, China has seen phenomenal economic growth; however, this has come at the cost of significant environmental damage and rising social inequality. As such, the 2004 campaign of “Building a Harmonious Socialist Society” has become a key party resolution and government objective. Ultimately, China places maintaining social ... Read More

Firms’ survival often depends on their political participation, such as campaign donations and lobbying efforts. This is especially true in emerging markets, where the government has tight control of the economy and society. However, the success of firms’ political strategies hinges on what politicians think about interacting with the business sector. Are ... Read More

The authors in this study develop a theoretical framework in which the disclosure of Corporate Social Responsibility (CSR) activities is viewed as an organizational response to institutional complexity which exists between the demands of the central government and provincial governments in China. The study aims at revealing how firms with institutional ... Read More