Empirical Research Of TMT Characteristics And Corporate Social Responsibility Behaviors

Since been raised in the 1950s,CSR research has experienced a long process of development with a series of research results,but there are still some basic problems that have not yet been concluded:First,the basic define of CSR is still differed;Second,the method of CSR measuring hasn’t been unified;Third,the CSR disclosure has not been standardized.These problems leads to CSR information disclosure can’t meet the requirements of accounting information quality,but also leads to CSR empirical research conclusions diversified.Chinese Targeted Poverty Alleviation(TPA)policy in recent years provides a good institutional context for avoiding these problems:according to the policy,listed companies in China are encouraged to participate in the social responsibility of TPA policy and disclose the inputs in specific sections of the annual report.This kind of CSR information is measured in monetary units,normally disclosed and audited,which avoids the "bottleneck" problem of CSR research and provides researchers with good research data.Based on this policy,this paper studies the impact of the characteristics of the TMT on the participation of voluntary social responsibility activities by using the accurate TPA data disclosed in the annual reports of A-share listed companies in 2016-2019.After empirical analysis and robustness testing,this paper finds that:(1)the higher the degree of gender heterogeneity of the executive team,the more diversified the TMT culture backgrounds,the more profound the early famine experience,the higher the investment of listed companies in TPA activities;The characteristics of the senior management team also have some influence on the level of investment in different types of TPA,and the heterogeneity of education and cultural background,famine experience and the level of investment in industrial development are significantly negatively correlated;This paper uses the unique institutional background to provide reference to the CSR research.The conclusion of this paper reveals the relationship between executive team characteristics and corporate social responsibility behavior,explains the influence of internal factors on CSR behavior from the perspective of "Human",fills the gaps in previous research,and provides some reference opinions for policy makers.Finally,the research of this paper also enriches the use of women’s care theory,high-level ladder theory and psychological trauma theory in the study of corporate social responsibility accounting.