Xiaobo Li , Min Huang , Jinan Shao , Mengyao Li , Wuyue Shangguan
{"title":"ceo来自家乡的公司是更好的公民吗？来自中国企业扶贫参与的证据","authors":"Xiaobo Li , Min Huang , Jinan Shao , Mengyao Li , Wuyue Shangguan","doi":"10.1016/j.chieco.2025.102351","DOIUrl":null,"url":null,"abstract":"<div><div>Support from the business world is an indispensable factor in alleviating poverty. Nevertheless, it is unclear what internal motivations drive firms to participate in poverty alleviation (PA) programs. In this study, leveraging social identity theory, we examine chief executive officer (CEO) hometown identity as an intrinsic driver for its PA participation when a firm has a hometown CEO. Employing a panel dataset of Chinese listed firms from 2016 to 2020, we find that CEO hometown identity has a positive effect on corporate PA participation. Furthermore, CEO media appearance and environmental complexity strengthen the relationship between CEO hometown identity and corporate PA participation, whereas organizational slack weakens this relationship. Our study is among the first to identify the mechanism through which CEO hometown identity affects corporate PA participation and provide references for other countries in the world suffering from poverty; that is, hometown companies and hometown CEOs can become key forces in alleviating poverty.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"90 ","pages":"Article 102351"},"PeriodicalIF":5.9000,"publicationDate":"2025-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Are firms with hometown CEOs better citizens? Evidence from the corporate poverty alleviation participation in China\",\"authors\":\"Xiaobo Li , Min Huang , Jinan Shao , Mengyao Li , Wuyue Shangguan\",\"doi\":\"10.1016/j.chieco.2025.102351\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>Support from the business world is an indispensable factor in alleviating poverty. Nevertheless, it is unclear what internal motivations drive firms to participate in poverty alleviation (PA) programs. In this study, leveraging social identity theory, we examine chief executive officer (CEO) hometown identity as an intrinsic driver for its PA participation when a firm has a hometown CEO. Employing a panel dataset of Chinese listed firms from 2016 to 2020, we find that CEO hometown identity has a positive effect on corporate PA participation. Furthermore, CEO media appearance and environmental complexity strengthen the relationship between CEO hometown identity and corporate PA participation, whereas organizational slack weakens this relationship. Our study is among the first to identify the mechanism through which CEO hometown identity affects corporate PA participation and provide references for other countries in the world suffering from poverty; that is, hometown companies and hometown CEOs can become key forces in alleviating poverty.</div></div>\",\"PeriodicalId\":48285,\"journal\":{\"name\":\"中国经济评论\",\"volume\":\"90 \",\"pages\":\"Article 102351\"},\"PeriodicalIF\":5.9000,\"publicationDate\":\"2025-04-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"中国经济评论\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1043951X25000094\",\"RegionNum\":1,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"2025/1/16 0:00:00\",\"PubModel\":\"Epub\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"中国经济评论","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1043951X25000094","RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"2025/1/16 0:00:00","PubModel":"Epub","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
Are firms with hometown CEOs better citizens? Evidence from the corporate poverty alleviation participation in China
Support from the business world is an indispensable factor in alleviating poverty. Nevertheless, it is unclear what internal motivations drive firms to participate in poverty alleviation (PA) programs. In this study, leveraging social identity theory, we examine chief executive officer (CEO) hometown identity as an intrinsic driver for its PA participation when a firm has a hometown CEO. Employing a panel dataset of Chinese listed firms from 2016 to 2020, we find that CEO hometown identity has a positive effect on corporate PA participation. Furthermore, CEO media appearance and environmental complexity strengthen the relationship between CEO hometown identity and corporate PA participation, whereas organizational slack weakens this relationship. Our study is among the first to identify the mechanism through which CEO hometown identity affects corporate PA participation and provide references for other countries in the world suffering from poverty; that is, hometown companies and hometown CEOs can become key forces in alleviating poverty.
期刊介绍：
The China Economic Review publishes original works of scholarship which add to the knowledge of the economy of China and to economies as a discipline. We seek, in particular, papers dealing with policy, performance and institutional change. Empirical papers normally use a formal model, a data set, and standard statistical techniques. Submissions are subjected to double-blind peer review.
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