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Moral Degradation, Business Ethics, and Corporate Social Responsibility in a Transitional Economy
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  • 作者：Qinqin Zheng (1)
    Yadong Luo (2) (3)
    Stephanie Lu Wang (4)
  • 关键词：Business ethics ; CSR ; Moral degradation ; Transitional economy
  • 刊名：Journal of Business Ethics
  • 出版年：2014
  • 出版时间：March 2014
  • 年：2014
  • 卷：120
  • 期：3
  • 页码：405-421
  • 全文大小：1,827 KB
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  • 作者单位：Qinqin Zheng (1)
    Yadong Luo (2) (3)
    Stephanie Lu Wang (4)

    1. School of Management, Fudan University, 670 Guoshun Road, Shanghai, 200433, China
    2. Sun Yat-Sen Business School, Sun Yat-Sen University, Guangzhou, China
    3. School of Business Administration, University of Miami, Coral Gables, FL, 33124-9145, USA
    4. Department of Management, School of Business Administration, University of Miami, 412F Jenkins Building, Coral Gables, FL, 33124-9145, USA
  • ISSN：1573-0697
文摘
This article theoretically proposes and empirically verifies an understudied issue in the business ethics (BE) and corporate social responsibility (CSR) literature—how moral degradation (MD) in a society influences the relationship between BE or CSR and firm performance (i.e., corporate legitimacy and competitive advantage). Building on strategic choice theory, we propose that both BE and CSR become more important in enhancing business success when the perceived MD is heightened. Our analysis of 300 firms operating in China statistically confirms our hypotheses: first, under high MD, firms-engagement in CSR results in higher corporate legitimacy and competitive advantage, and second, their adherence to ethical business codes leads to higher corporate legitimacy. We conclude the article by outlining the implications for both theory and practice.

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