Impact Of Corporate Social Responsibility On Corporate Performance Of International Engineering Construction Enterprises

Many studies have pointed out that whether construction enterprises can well assume social responsibility will greatly affect the sustainable development and operation ability of enterprises.Enterprise managers have also begun to think about how to implement social responsibility to improve the good image of enterprises.Some studies have shown that undertaking necessary social responsibilities can enhance the reputation of construction enterprises and help them develop overseas markets.In particular,with the deepening of economic globalization,many domestic construction enterprises begin to target the overseas market,undertake more and more international projects and increase their market share in the overseas market.How to guide construction enterprises to strengthen their awareness of social responsibility,actively fulfill their social responsibility,and establish a sound market mechanism and management means has become the focus of our importance.Therefore,this thesis focuses on stakeholder theory,deeply discusses the relationship between CSR and corporate performance,analyses the regulatory role of executive incentive in CSR and corporate performance,and has a certain guiding value on improving the overall social interests and corporate performance.In order to achieve the analysis purpose,the following contents are mainly analyzed:(1)organizing domestic and international relevant research,Cognitive corporate social responsibility definition of the composition and content changes,research induction achievements of corporate social responsibility and corporate performance relationship,and points out the shortage of the existing research foundation for this study,Confirm the main objectives of this analysis;(2)explore relevant aspects of corporate social responsibility,executive motivation and corporate performance,including the influence of CSR on corporate performance and the regulating role of executive motivation in CSR’s impact on corporate performance.With the help of relevance theory and literature review,this thesis divides corporate social responsibility into: shareholder responsibility,employee responsibility,consumer responsibility,creditor responsibility,supplier responsibility,government responsibility and environmental responsibility.It proposes the research hypothesis of this thesis and constructs the research model;(3)An empirical study on the effect of corporate social responsibility on corporate performance.Based on the collected sample data,descriptive statistical analysis,reliability analysis,validity analysis,correlation analysis and regression analysis were conducted with the help of SPSS 23.0 through a questionnaire survey among employees of construction enterprises engaged in overseas engineering projects.According to the research results,we can draw the following conclusions:(1)there is a positive correlation between corporate performance and its social responsibility.However,corporate social responsibility with different dimensions has different effects on its performance.Shareholder responsibility,creditor responsibility and government responsibility have a greater impact on the performance of construction enterprises;(2)executive motivation plays a regulating role between CSR and corporate performance,and can strengthen the relationship between the two.Finally,suggestions are proposed based on the empirical results,including strengthening the fulfillment of the responsibilities of major stakeholders,adopting the governance model of stakeholder checks and balances,and improving the internal incentive mechanism of enterprises,so as to provide ideas for international engineering and construction enterprises to improve corporate performance.