EXPLORING THE ROLE OF CORPORATE SOCIAL RESPONSIBILITY AND FIRM’S MANAGEMENT TO HANDLE THE ENVIRONMENTAL EMISSIONS: FIRM LEVEL ANALYSIS

Abstract

This study uses corporate data to explore the relationship between CSR and environmental emissions. It aims to fill the knowledge gap by using the Chinese context to investigate the role of CSR indicators and female directors in CSR’s relationship with environmental emissions. The results show that CSR’s effect on environmental emissions is not very strong. Moreover, one can observe that it is only the social aspects of CSR that moderate this relationship, while the presence of female directors specifically moderates the association between CSR and sulfur emissions. These revelations could be very useful for policymakers seeking to improve the performance of CSR and also for management policies aimed at reducing environmental emissions from companies.

This study uses corporate data to explore the relationship between CSR and environmental emissions. It aims to fill the knowledge gap by using the Chinese context to investigate the role of CSR indicators and female directors in CSR’s relationship with environmental emissions. The results show that CSR’s effect on environmental emissions is not very strong. Moreover, one can observe that it is only the social aspects of CSR that moderate this relationship, while the presence of female directors specifically moderates the association between CSR and sulfur emissions. These revelations could be very useful for policymakers seeking to improve the performance of CSR and also for management policies aimed at reducing environmental emissions from companies.