Social Responsibility, Internal Governance and Manufacturing Growth
Yuhong Cao
School of Management, Shanghai University, Shanghai, 200444, China, Institute for Manufacturing, University of Cambridge, CB3 0FS Cambridge, UK (United Kingdom)
Jianxin You
School of Economics &Management, Tongji University, Shanghai, China; School of Management, Shanghai University, Shanghai, 200444, China (China)
Yongjiang Shi
Institute for Manufacturing, University of Cambridge, CB30FS Cambridge, UK (United Kingdom)
Wei Hu
736585318@qq.comAnhui Cadre Institute of Economics Management, Hefei, 230008, China (China)
Abstract
This article presents a structural equation model for exploring the impact of social responsibility, which been divided into responsibility for the internal stakeholder and responsibility for the external stakeholder, as well as internal governance on Chinese manufacturing growth on the basis of data collected from 500 manufacturing enterprises in the East region of China. Our results show that both social responsibility and internal governance have a positive impact on manufacturing growth and promote sustainable development in manufacturing. In addition, social responsibility has a positive impact on internal governance, and the internal governance plays a partial intermediary role in the impact of social responsibility on manufacturing growth. These findings signify that it is important for Chinese Manufacturing to undertake Social Responsibility, and it can provide a beneficial guidance for Chinese Manufacturing Growth and help strengthen the competitive advantage of manufacturing industry.
Keywords:
social responsibility, internal governance, manufacturing growth, structural equation modelReferences
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Authors
Yuhong CaoSchool of Management, Shanghai University, Shanghai, 200444, China, Institute for Manufacturing, University of Cambridge, CB3 0FS Cambridge, UK United Kingdom
Authors
Jianxin YouSchool of Economics &Management, Tongji University, Shanghai, China; School of Management, Shanghai University, Shanghai, 200444, China China
Authors
Yongjiang ShiInstitute for Manufacturing, University of Cambridge, CB30FS Cambridge, UK United Kingdom
Authors
Wei Hu736585318@qq.com
Anhui Cadre Institute of Economics Management, Hefei, 230008, China China
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