Corporate social responsibility, corporate restructuring and firm's performance: empirical evidence from chinese enterprises

Restructuring and M and A are the first measures applied by most companies tosurvive, grow, and particularly maximize their profit in a globalized and competitive environment. However, when it is not managed in a socially responsible manner, restructuring might exert a negative impact on employees, shareholders, communities and other stakeholders. The book empirically explores the phenomena of corporate social responsibility (CSR), restructuring and relationships with the firm’s performance in the context of China’s economic reform from three main perspectives: it begins with investigating how Chinese managers perceive CSR and to what extent managers’ attitudes influence their behaviour in restructuring; it then examines the relationship between socially responsible restructuring and the firm’s financial performance, and finally it analyzes howa defence industry balances economic and social priorities in the process of restructuring. INDICE: Introduction.- Theory and Literature.- Enterprise Reform and Restructuring in China.- Theoretical Framework and Hypotheses.- Data and Methodology.- The Effects of Managerial Values on Socially Responsible Restructuring. Socially Responsible Restructuring and Firm's Performance in the Listed Firms.- Balancing Economic and Social Value in Restructuring China's Defense Industry.- Conclusion and Implications.

• ISBN: 978-3-540-70895-7
• Editorial: Springer
• Encuadernacion: Cartoné
• Páginas: 350
• Fecha Publicación: 01/10/2008
• Nº Volúmenes: 1
• Idioma: Inglés