企业社会责任、政治关联与创新绩效

摘要

企业社会责任愈来愈受到社会各界的重视,积极履行社会责任的企业往往具有更强烈的创新意愿和更好的创新表现.以润灵环球责任评级报告中披露的上市公司为样本,采用回归分析实证检验企业提高社会责任水平是否有助于提升未来1～3年创新绩效(专利产出),同时引入政治关联探讨其对主效应的调节作用,发现企业社会责任与创新绩效显著正相关,政治关联对社会责任与创新绩效之间具有负向调节作用;企业社会责任对探索型创新的促进作用强于开发型创新,由企业社会责任诱导的创新绩效对企业经济绩效存在显著提升作用.%Corporate social responsibility has been paid more and more attention by stakeholders, and firms with higher level of social responsibility tend to have more innovation will and better innovation performance. Based on a sample of listed companies that disclosed by RANKINS CSR RATINGS during the period 2009 to 2014, this paper empirically examines whether corporate social responsibility can improve innovation performance by using regression analysis, and tests the moderating effect of political connection. The results show that corporate social responsibility is positively related to innovation performance, and political connection has negative moderating effect on corporate social responsibility and innovation performance. We also find that corporate social responsibility has a stronger effect on explorative innovation than exploitative innovation, and the innovation performance caused by CSR plays a significant role in promoting economic performance.