The studies on Chinese traditional culture and corporate environmental responsibility: literature review and its implications

Shan Huang; Khor Teik Huat; Zifei Zhou; Shan Huang; Khor Teik Huat; Zifei Zhou

doi:10.3934/NAR.2022001

National Accounting Review

2022, Volume 4, Issue 1: 1-15. doi: 10.3934/NAR.2022001

Previous Article Next Article

Review

The studies on Chinese traditional culture and corporate environmental responsibility: literature review and its implications

1.
Faculty of Languages and Communication, Sultan Idris Education University, Tanjong Malim, Perak Darul Ridzuan, 35900, Malaysia
2.
Business School, Hunan Institute of Technology, Hengyang, 421000, China

Received: 12 December 2021 Revised: 29 December 2021 Accepted: 05 January 2022 Published: 13 January 2022
JEL Codes: Z1, D9, G3

There is a certain correlation between Chinese traditional culture and Chinese enterprises' performance of environmental responsibility, but there is little literature on the relationship between them from an empirical perspective. This paper combs and evaluates the relevant literature from three aspects: the evaluation of the economic and social effects of Chinese traditional culture, the influencing factors of corporate environmental responsibility, and the measurement of culture. Based on the literature review, this paper puts forward the following research enlightenment, that is, future empirical research should be carried out from the perspective of the intensity, effect, and heterogeneity of the impact of Chinese traditional culture on enterprises' fulfillment of environmental responsibility, as well as the moderating factors of the relationship between them.
- Chinese traditional culture,
- corporate environmental responsibility,
- literature review,
- research implications
Citation: Shan Huang, Khor Teik Huat, Zifei Zhou. The studies on Chinese traditional culture and corporate environmental responsibility: literature review and its implications[J]. National Accounting Review, 2022, 4(1): 1-15. doi: 10.3934/NAR.2022001

Related Papers:

Abstract

There is a certain correlation between Chinese traditional culture and Chinese enterprises' performance of environmental responsibility, but there is little literature on the relationship between them from an empirical perspective. This paper combs and evaluates the relevant literature from three aspects: the evaluation of the economic and social effects of Chinese traditional culture, the influencing factors of corporate environmental responsibility, and the measurement of culture. Based on the literature review, this paper puts forward the following research enlightenment, that is, future empirical research should be carried out from the perspective of the intensity, effect, and heterogeneity of the impact of Chinese traditional culture on enterprises' fulfillment of environmental responsibility, as well as the moderating factors of the relationship between them.

References

[1]	Babcock HM (2017) Corporate Environmental Social Responsibility: Corporate "Greenwashing" or a Corporate Culture Game Changer? Fordham Environ Law Rev 21:1–78.
[2]	Bi Q, Gu L, Zhang J (2015) Traditional culture, environmental system and environmental information disclosure. Account Res, 12–19.
[3]	Cai G, Xie J (2020) Confucian cultural tradition and contemporary enterprise innovation. J Shandong Univ, 38–48. https://doi.org/10.19836/j.cnki.37-1100/c.2020.06.005 doi: 10.19836/j.cnki.37-1100/c.2020.06.005
[4]	Cameron KS, Quinn RE, Booksx I (2006) Diagnosing and changing organizational culture: based on the competing values framework. Pers Psychol 59: 755–757. https://doi.org/10.1111/j.1744-6570.2006.00052_5.x doi: 10.1111/j.1744-6570.2006.00052_5.x
[5]	Chen G, Qiu D (2021) Confucian culture and entrepreneurship: An epidemiological study. J Financ Econ 47: 95–109. https://doi.org/10.16538/j.cnki.jfe.20201015.203 doi: 10.16538/j.cnki.jfe.20201015.203
[6]	Chen Y (2017) Confucian culture, social trust and inclusive finance. Financ Tr Econ 38: 5–20.
[7]	Denison DR (2000) Organizational culture: can it be a key lever for driving organizational change? The international handbook of organizational culture and climate 18: 347–372
[8]	Ding M (2018) Traditional culture, environmental regulation and carbon information disclosure. Master's Thesis of Southwest University.
[9]	Du C, Zhan Y (2019) Confucianism and household risky assets allocation: An empirical study based on CGSS. Jilin Univ J Soc Sci Edit 59: 97–108. https://doi.org/10.15939/j.jujsse.2019.06.jj2 doi: 10.15939/j.jujsse.2019.06.jj2
[10]	Du X, Jian W, Zeng Q, et al. (2013) Corporate environmental responsibility in polluting industries: Does religion matter? J Bus Ethics 124: 485–507. https://doi.org/10.1007/s10551-013-1888-7 doi: 10.1007/s10551-013-1888-7
[11]	Feng C, Chen S, Bai C (2019) The Historical Roots of Long-Term Human Capital Accumulation: Institutional Differences, the Communication of Confucian Culture and the Building of State Capacity. Econ Res J 54: 146–163.
[12]	Fu C, Hong Y (2018) Corporate governance, Product market competition and intellectual capital disclosure: An empirical study based on China's high-tech industry. China Soft Sci, 123–134.
[13]	Gan W (2021) The impact of the Confucian culture on the corporate social responsibility: An empirical evaluation based on the 10th survey data of China's private enterprises. Jinan J 43: 115–132.
[14]	Glennie M, Lodhia S (2013) The influence of internal organizational factors on corporate-community partnership agendas: An Australian case study. Meditari Account Res 21: 52–67. https://doi.org/10.1108/MEDAR-07-2012-0022 doi: 10.1108/MEDAR-07-2012-0022
[15]	Gu Z (2015) Confucian tradition and corporate performance. Res Inst Econ, 69–113.
[16]	Guo M, Kuai Y, Liu X (2020) Stock market response to environmental policies: Evidence from heavily polluting firms in China. Econ Model 86: 306–316. https://doi.org/10.1016/j.econmod.2019.09.028 doi: 10.1016/j.econmod.2019.09.028
[17]	Hatmanu M, Sandu C, Jaba E (2019) A comparative study on drivers for corporate environmental responsibility, eu15 vs. eu-nms13. Sustainability 11: 6397. https://doi.org/10.3390/su11226397 doi: 10.3390/su11226397
[18]	Hitt MA, Hoskisson RE, Kim H (1997) International diversification: Effects on innovation and firm performance in product-diversified firms. Acad Manage J 40: 767–798. https://doi.org/10.5465/256948 doi: 10.5465/256948
[19]	Hofstede G (1980) Motivation, leadership, and organization: do American theories apply abroad? Organ Dyn 9: 42–63. https://doi.org/10.1016/0090-2616(80)90013-3 doi: 10.1016/0090-2616(80)90013-3
[20]	Hofstede G, Hofstede GJ, Minkov M (2010) Cultures and organizations, software of the mind. intercultural cooperation and its importance for survival. South Med J 13: S219–S222. https://doi.org/10.1016/S1076-6332(98)80110-4 doi: 10.1016/S1076-6332(98)80110-4
[21]	Huang G, Li N (2019) Confucian culture, marketization degree and corporate social responsibility. Financ Account Monthly, 95–102. https://doi.org/10.19641/j.cnki.42-1290/f.2019.20.013 doi: 10.19641/j.cnki.42-1290/f.2019.20.013
[22]	Jia J, Guo Q, Ning J (2011) Traditional cultural beliefs, social security and economic growth. J World Econ 34: 3–18.
[23]	Jin S, Si Y, He W (2021) The influence of executive compensation incentive on social responsibility based on the enterprise heterogeneity. Sci Technol Econ 34: 91–95. https://doi.org/10.14059/j.cnki.cn32-1276n.2021.05.018 doi: 10.14059/j.cnki.cn32-1276n.2021.05.018
[24]	Jin T, Lin HY (2018) Cultural capital and economic growth: The Chinese experience. Econ Perspect, 69–85.
[25]	Jung H, Song S, Song CK (2021) Carbon emission regulation, green boards, and corporate environmental responsibility. Sustainability 13: 4463. https://doi.org/10.3390/SU13084463 doi: 10.3390/SU13084463
[26]	Li P, Liu L, Liu W (2012) The study of enterprise cultural change based on OCAI scale. Econ Manage 26: 41–43.
[27]	Li Z, Wang Y, Tan Y, et al. (2020) Does corporate financialization affect corporate environmental responsibility? an empirical study of China. Sustainability 12: 3696.
[28]	Liu G, Guo L (2019) Empirical study on the relationship between environmental regulation, environmental responsibility and green innovation—Taking green image as the moderating variable. Sci Manage Res 37: 2–6. https://doi.org/10.19445/j.cnki.15-1103/g3.2019.04.001 doi: 10.19445/j.cnki.15-1103/g3.2019.04.001
[29]	Long W, Li S, Ding R (2018) Environmental policies and SMEs' environmental performance: Administrative control or economic incentive. Nankai Econ Stud, 20–39. https://doi.org/10.14116/j.nkes.2018.03.002 doi: 10.14116/j.nkes.2018.03.002
[30]	Marquis C, Qian C (2014) Corporate social responsibility reporting in China: Symbol or substance? Organ Sci 25: 127–148. https://doi.org/10.1287/orsc.2013.0837 doi: 10.1287/orsc.2013.0837
[31]	McGee J (1998) Commentary on 'corporate strategies and environmental regulations: An organizing frame work' by AM Rugman and A. Verbeke. Strategic Manage J 19: 377–387. https://doi.org/10.1002/(SICI)1097-0266(199804)19:4<377::AID-SMJ988>3.0.CO;2-S doi: 10.1002/(SICI)1097-0266(199804)19:4<377::AID-SMJ988>3.0.CO;2-S
[32]	Prakash A, Potoski M (2006) Racing to the bottom? Trade, environmental governance, and ISO 14001. Am J Polit Sci 50: 350–364.
[33]	Qin Y, Harrison J, Chen L (2019) A framework for the practice of corporate environmental responsibility in China. J Clean Prod 235: 426–452. https://doi.org/10.1016/j.jclepro.2019.06.245 doi: 10.1016/j.jclepro.2019.06.245
[34]	Ruan L, Wang L, Liu Y (2016) Study on the effect of external environmental factors on small enterprises' corporate social responsibility. Soft Sci 30: 69–73. https://doi.org/10.13956/j.ss.1001-8409.2016.05.15 doi: 10.13956/j.ss.1001-8409.2016.05.15
[35]	Shen H, Gu N (2016) Traditional culture, family size and social service spending of residents. Financ Tr Res 27: 1–10. https://doi.org/10.19337/j.cnki.34-1093/f.2016.06.001 doi: 10.19337/j.cnki.34-1093/f.2016.06.001
[36]	Tian J, Zhang G, Jiang W (2008) A study on the validity and reliability of Denison OCQ and its application. Sci Sci Manage S T, 151–155.
[37]	Tian XB (2017) Comparison of modernization development modes of "Five Little Dragons". Huxiang Forum 30: 84–90. https://doi.org/10.16479/j.cnki.cn43-1160/d.2017.05.014 doi: 10.16479/j.cnki.cn43-1160/d.2017.05.014
[38]	Tsendsuren C, Yadav PL, Kim S, et al. (2021) The effects of managerial competency and local religiosity on corporate environmental responsibility. Sustainability 13: 5857. https://doi.org/10.3390/SU13115857 doi: 10.3390/SU13115857
[39]	Wang L (2019) Having a restricted view of the essence of ecological thought of Chinese traditional culture and its value of rule by law. Shandong Soc Sci, 169–174. https://doi.org/10.14112/j.cnki.37-1053/c.2019.05.029 doi: 10.14112/j.cnki.37-1053/c.2019.05.029
[40]	Wang M, Liao G, Li Y (2021) The relationship between environmental regulation, pollution and corporate environmental responsibility. Int J Environ Res Public Health 18: 8018. https://doi.org/10.3390/ijerph18158018 doi: 10.3390/ijerph18158018
[41]	Wang W (2021) Confucian culture and enterprise innovation. Rev Ind Econ, 61–78. https://doi.org/10.19313/j.cnki.cn10-1223/f.2021.05.004 doi: 10.19313/j.cnki.cn10-1223/f.2021.05.004
[42]	Wang X, Yin H, Wu Y (2017) Cultural norms effect, the Confucian culture and home ownership rate. Modern Financ Econ 37: 66–75. https://doi.org/10.19559/j.cnki.12-1387.2017.04.006 doi: 10.19559/j.cnki.12-1387.2017.04.006
[43]	Weber M (1965) The Religion of China. Confucianism and Taoism. J Asian Stud 24: 509–509. https://doi.org/10.2307/2050365 doi: 10.2307/2050365
[44]	Wu Q, Jiang K (2018) The new era appealing of enterprises fulfilling their social responsibilities. Stud In Ethics, 124–129. https://doi.org/10.15995/j.cnki.llxyj.2018.05.023 doi: 10.15995/j.cnki.llxyj.2018.05.023
[45]	Xie M, Wang T, Cui R (2017) Does China's cultural output promote outward foreign direct investment?—An empirical test based on the development of Confucius institute. China Econ Q 16: 1399–1420. https://doi.org/10.13821/j.cnki.ceq.2017.03.07 doi: 10.13821/j.cnki.ceq.2017.03.07
[46]	Xu W, Xu J (2018) The influence of cultural differences on the export of industrial robots under the initiative of One Belt and One Road—Based on the empirical research of 23 countries along the route. J Jingdezhen Univ 33: 130–135.
[47]	Xu X, Li W (2019) Confucian tradition and corporate innovation: The power of culture. J Financ Res, 112–130.
[48]	Xu X, Long Z, Li W (2020) Confucian culture and corporate philanthropy. Foreign Econ Manage 42: 124–136. https://doi.org/10.16538/j.cnki.fem.20190703.003 doi: 10.16538/j.cnki.fem.20190703.003
[49]	Ye D, Li X (2019) Confucian and tunneling of listed companies. J Financ Dev Res, 3–12. https://doi.org/10.19647/j.cnki.37-1462/f.2019.05.001 doi: 10.19647/j.cnki.37-1462/f.2019.05.001
[50]	Ye D, Pan S, Huang C (2018) Confucian culture and savings—An empirical analysis based on Chinese provincial panel data. South China Financ, 24–32.
[51]	Ye Y (2018) Confucian culture and corporate overinvestment behaviour. Res Financ Econ Issues, 115–123. https://doi.org/10.19654/j.cnki.cjwtyj.2018.02.014 doi: 10.19654/j.cnki.cjwtyj.2018.02.014
[52]	Yin J, Wang S, Zhang L (2019) Heterogeneous response of corporate environmental strategy under institutional isomorphism. J Beijing Inst Technol 21: 47–55. https://doi.org/10.15918/j.jbitss1009-3370.2019.1985 doi: 10.15918/j.jbitss1009-3370.2019.1985
[53]	Zeng Y, Tang W, Zhang H (2021) Demographic changes, foreign investment and housing prices: Analysis from the global perspective. Int Econ Tr Res 37: 34–49. https://doi.org/10.13687/j.cnki.gjjmts.2021.04.003 doi: 10.13687/j.cnki.gjjmts.2021.04.003
[54]	Zhang J, Guo X (2020) Does Confucian culture impede Chinese economic growth: An empirical research based on the perspective of gender imbalance. J Chongqing Technol Bus Univ 37: 13–23.
[55]	Zhang T (2021) Impact of regional culture on information disclosure of corporate social responsibility: Evidence from China's listed companies. J Beijing Technol Bus Univ. 34: 31–39.
[56]	Zhao W (2012) Cultural factors in informal institutions and economic growth—An empirical study based on Hofstede's model of national cultural differences. Econ Res Guide, 4–7.
[57]	Zhao X, Li H, Sun C (2015) The regional cultural map in China: Is it "the Great Unification" or "the Diversification"? Manage World, 101–119. https://doi.org/10.19744/j.cnki.11-1235/f.2015.02.010 doi: 10.19744/j.cnki.11-1235/f.2015.02.010
[58]	Zou P (2020) Does Confucianism promote disclosure of corporate social responsibility? Bus Manage J 42: 76–93. https://doi.org/10.19616/j.cnki.bmj.2020.12.005 doi: 10.19616/j.cnki.bmj.2020.12.005

Reader Comments

Your name:*

Email:*
© 2022 the Author(s), licensee AIMS Press. This is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0)