境外居留权、可置信承诺与企业社会责任  

Foreign Residency Rights,Credible Commitment and Corporate Social Responsibility

作　　者：李四海[1] 刘建秋 曹瑞青 贺珺[1] Li Sihai;Liu Jianqiu;Cao Ruiqing;He Jun(Accounting School,Zhongnan University of Economics and Law,Wuhan 430073,China;Accounting School,Hunan University of Technology and Business,Changsha 410205,China)

机构地区：[1]中南财经政法大学会计学院,湖北武汉430073 [2]湖南工商大学会计学院,湖南长沙410205

出　　处：《外国经济与管理》2020年第10期33-48,共16页Foreign Economics & Management

基　　金：国家自然科学基金青年项目(71502174,71702193);教育部人文社会科学研究青年项目(20YJC630063);中南财经政法大学中央高校基本科研业务费专项资金资助项目(2722019JCT029)。

摘　　要：随着全球化的发展,近年来我国拥有境外居留权的民营企业实际控制人数量呈增长趋势。境外居留权企业是否会对由企业家“身份”造成的利益相关者“不信任”追加可置信承诺,本文从实际控制人具有境外居留权这一特质出发,研究境外居留权企业是否会通过承担社会责任这一途径来缓解利益相关者的“不信任”。研究发现:相比于没有境外居留权企业,境外居留权企业会承担更多的社会责任。我们通过特定情境检验发现,在需要挽回“信任”的违规及违规较轻环境下,境外居留权企业会承担更多社会责任,而在严重违规情境下,由于社会责任信号传递效应的减弱,此时境外居留权企业承担的社会责任无显著差异,反映其社会责任行为的策略性。进一步研究显示:当企业可抵押性实物资产较低时,境外居留权企业会承担更多社会责任,向外界释放更强的可置信承诺,同时研究发现境外居留权企业更倾向于承担受众广、易被社会公众感知的社会捐赠和环境责任。本文研究反映社会责任具有的信号传递效应可成为企业构建信任的可置信承诺,本文的研究同时拓展了境外居留权经济后果研究的视域。Based on the characteristic of controlling persons,this paper studies whether the controlling persons with foreign residency rights will alleviate the distrust of stakeholders by engaging in corporate social responsibility.We find that compared with controlling persons without foreign residency rights,the controlling persons with foreign residency rights will take more corporate social responsibility.By specific situational tests,we also find that when the trust is needed,such as violation or lighter violation,the controlling persons with foreign residency rights will take more social responsibility;however,in the case of serious violation,due to the weakening of the signaling effect of social responsibility,there is no significant difference in taking corporate social responsibility,which reflects the strategic behavior of their social responsibility.Further study shows that when mortgaged assets are low,the controlling persons with foreign residency rights will take more social responsibility to add a credible commitment to stakeholders,and the controlling persons with foreign residency rights tend to engage in social donation and environmental responsibility which are perceived by the public more easily,rather than the other responsibilities with specific subjects.Our paper makes contributions to four strands of the literature.First,this paper enriches the research on foreign residency rights.The existing literature mainly studies the impact of foreign residency rights on corporate tax avoidance and audit.This paper extends the research perspective to the field of social responsibility,complementing the economic consequences of foreign residency rights.Second,based on the perspective of“trust”,this paper studies the impact of the controlling persons with foreign residency rights on social responsibility,and tests it around this perspective.Considering the fact that the actual controller with foreign residency rights can leave the country after violation,this paper takes“enterprise violation”as the spec

关 键 词：境外居留权 可置信承诺 社会责任 企业违规 经济后果 

分 类 号：F270[经济管理—企业管理]