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. 2024 May 31;19(5):e0300209.
doi: 10.1371/journal.pone.0300209. eCollection 2024.

Corporate social responsibility: A key driver of sustainable development in China's post-COVID economy

Muhammad Salman  1 , Yongming Zhu  1 , Saima Kiran  1 , Muhammad Sibt E Ali  2 , Bandeh Ali Talpur  3 , Kazim Raza Talpur  4 , Madeeha Laghari  5 , Samar Raza Talpur  6
Affiliations

Corporate social responsibility: A key driver of sustainable development in China's post-COVID economy

Muhammad Salman et al. PLoS One. .

Retraction in

Abstract

The first goal of this research was to measure the impact of corporate social responsibility (CSR) on the sustainable development of an organization. However, the second objective examines the moderating influence of government policies, cultural norms, and stakeholder expectations on the relationship between CSR and an organization's sustainable development. This research primarily focused on the enterprises operating in the energy industry in Beijing. A sample of 498 individuals holding management positions within these enterprises was collected. The study's results established that CSR significantly influences the sustainable development of firms. Moreover, the results revealed that governmental regulations, cultural norms, and stakeholder expectations play a significant and positive role in moderating the impact of corporate social responsibility on the sustainable development of companies. The results of this study make a valuable contribution to the existing body of literature on CSR and its impact on the sustainable performance of enterprises in China.

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Conflict of interest statement

The authors have declared that no competing interests exist.

Figures

Fig 1
Fig 1. Theoretical framework.
Fig 2
Fig 2. Research methodology flow.
Fig 3
Fig 3. Individual items reliability.
FSD = Firm’ Sustainable Development, CSR = Corporate Social Responsibility, CV = Cultural Values, GP = Government Policies, and SE = Stakeholders’ Expectations.
Fig 4
Fig 4. HTMT Values.
FSD = Firm’ Sustainable Development, CSR = Corporate Social Responsibility, CV = Cultural Values, GP = Government Policies, and SE = Stakeholders’ Expectations.
Fig 5
Fig 5. Structural model assessment.
Fig 6
Fig 6. Moderating effect of government policies.
FSD = Firm’ Sustainable Development, CSR = Corporate Social Responsibility, and GP = Government Policies.
Fig 7
Fig 7. Moderating effect of cultural values.
FSD = Firm’ Sustainable Development, CSR = Corporate Social Responsibility, and CV = Cultural Values.
Fig 8
Fig 8. Moderating effect of stakeholders’ expectations.
FSD = Firm’ Sustainable Development, CSR = Corporate Social Responsibility, and SE = Stakeholders’ Expectations.
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