{"title":"Corporate Social Responsibility, Financing Constraints and Innovation Investment","authors":"Siyi Liu","doi":"10.54097/jid.v4i2.11967","DOIUrl":null,"url":null,"abstract":"This paper takes the relevant data of China's A-share listed companies in Shanghai and Shenzhen from 2011 to 2019 as the research samples to explore the relationship among corporate social responsibility (CSR), financing constraints and innovation investment. The results show that CSR has a significant positive contribution to innovation investment. CSR is negatively correlated with financing constraints, and financing constraints play a partial mediating role between CSR and innovation investment.","PeriodicalId":45705,"journal":{"name":"International Journal of Innovation and Sustainable Development","volume":"46 1","pages":"0"},"PeriodicalIF":0.4000,"publicationDate":"2023-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Innovation and Sustainable Development","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.54097/jid.v4i2.11967","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"GREEN & SUSTAINABLE SCIENCE & TECHNOLOGY","Score":null,"Total":0}
引用次数: 0
Abstract
This paper takes the relevant data of China's A-share listed companies in Shanghai and Shenzhen from 2011 to 2019 as the research samples to explore the relationship among corporate social responsibility (CSR), financing constraints and innovation investment. The results show that CSR has a significant positive contribution to innovation investment. CSR is negatively correlated with financing constraints, and financing constraints play a partial mediating role between CSR and innovation investment.
期刊介绍:
The IJISD focuses on broad aspects of innovation and sustainable development. It fosters discussion not only on technological innovation but on new ways of thinking about the complex and contested issues of sustainable development. Innovative thinking and practices in areas of economics, policy-making, legislation, health, education and the institutional barriers to sustainable development form the basis of the discourse to be fostered.