Corporate social responsibility and the pollution haven hypothesis: evidence from multinationals' investment decision in China

被引：50

作者：

Bu, Maoliang ^{[1
,2
]}

Liu, Zhibiao ^{[1
,3
]}

Wagner, Marcus ^{[4
]}

Yu, Xiaohua ^{[2
]}

机构：

[1] Nanjing Univ, Sch Business, Dept Ind Econ, Nanjing 210008, Jiangsu, Peoples R China

[2] Univ Gottingen, Courant Res Ctr Poverty Equ & Growth, D-37073 Gottingen, Germany

[3] Jiangsu Prov Acad Social Sci, Nanjing, Jiangsu, Peoples R China

[4] Univ Wurzburg, Chair Entrepreneurship & Management, D-97070 Wurzburg, Germany

来源：

ASIA-PACIFIC JOURNAL OF ACCOUNTING & ECONOMICS | 2013年 / 20卷 / 01期

关键词：

pollution haven hypothesis; corporate social responsibility; foreign direct investment; environmental regulation; China; FOREIGN DIRECT-INVESTMENT; ENVIRONMENTAL-REGULATIONS; PERFORMANCE; POLICY; FIRMS; FDI;

D O I：

10.1080/16081625.2013.759175

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper tests the pollution haven hypothesis by examining the relationship between environmental regulation and foreign investment with consideration of the role of corporate social responsibility, which has so far been neglected. Using multinationals' investment data from China, our results in general support the pollution haven hypothesis that less stringent environmental regulation is more attractive for multinationals to invest in China, but high social responsibility can counteract attractiveness of weak environmental regulation.

引用

页码：85 / 99

页数：15

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