Empirical Study On The Relationship Between Corporate Environmental Responsibility Weakness And Corporate Social Responsibility Of Manufacturing Enterprises

Since the reform and opening up,China’s economy has achieved phenomenal growth,but at the same time it has exposed many problems,such as environmental pollution and resource shortages,which need to be resolved.With the aggravation of ecological environmental problems and the enhancement of people’s green ideas,enterprises are facing great pressure of environmental protection.The manufacturing industry,as the main source of China’s environmental pollution problems,the pressure is particularly heavy.The environmental pollution behavior of manufacturing enterprises has seriously damaged the green image of enterprises.Nowadays,the fulfillment of CSR has become an important reference factor for consumers to evaluate the impact of business activities.CSR has not only aroused extensive research and discussion in academia,but also attracted attention from all walks of life in practice.Enterprises are willing to undertake more social responsibilities to establish a good corporate image,enhance soft power,take the initiative in the fierce market competition,and seek long-term interests of enterprises.Nevertheless,in reality,manufacturing companies are actively taking on social responsibility,while the environmental pollution behavior has not stopped or weakened.Therefore,the motivation of manufacturing industry to fulfill social responsibility and the relationship between environmental performance and social performance are mainly concerned in this article.Based on stakeholder theory,contract theory and principal-agent theory,this paper deeply studies the theoretical basis of CSR,and deeply analyzes the motivation of manufacturing industry to participate in CSR from the perspective of external supervision and corporate internal governance,the potential link between CER Weakness and CSR,and the impact mechanism of media and government environmental supervision on manufacturing enterprises’ participation in social responsibility.Using a sample of 554 Chinese A-share listed companies in 2013-2017,this paper engages empirical analysis of literature analysis,mathematical statistics and comparative analysis to empirically test the impact of CER Weakness of manufacturing enterprises on CSR.This paper shows that the CER Weakness of manufacturing enterprises negatively affects the current CSR,and positively affects the first postponed phase of CSR.Among them,the lagging effect of CER Weakness on CSR is a green wash behavior of enterprises.Specifically,the CER Weakness of enterprises negatively affects the current social responsibility,which is caused by the homogeneity of CER and social responsibility.The CER Weakness of manufacturing enterprises with severe environmental pollution has a significant positive impact on CSR in the next phase,while the CER Weakness of service enterprises with low environmental pollution has a negative impact on CSR,but this effect is not significant.The difference between the two industries indicates that high-pollution industry enterprises often undertake more CSR to dress enterprises’ daily operations.Highly polluting companies are willing to take on more CSR to divert people’s attention on their poor environmental performance.CSR is not a simple altruistic behavior.In addition,although this study did not find significant regulatory effects of media attention and government environmental regulation,correlation analysis found that media attention and government environmental regulation were both significantly positively correlated with CSR in the next year,multiple regression analysis also found that media attention and government environmental regulation have significant positive impact on manufacturing enterprises’ social responsibility.The research results of this paper have certain reference value for the current academic research and management practice activities.Based on the empirical research results,this paper analyzes the reasons for the results from the reality of China,and proposes corresponding policy recommendations from the perspectives of internal corporate governance structure and external supervision of the company,and points out the shortcomings and further research directions of this research.