Influence of Corporate Social Responsibility on Common Prosperity
Based on the data of A-share listed companies in Shanghai and Shenzhen from 2010 to 2021,the promoting effect and mechanism of corporate social responsibility on the realization of common prosperity were empirically analyzed.The results showed that corporate social responsibility could significantly promote the realization of common prosperity.Financial performance and high-quality development of enterprises play a significant mediating role in the promotion of social responsibility to common prosperity.Countermeasures to improve the disclosure requirements of corporate social responsibility and strengthen the awareness of corporate social responsibility were put forward,which could provide empirical evidence for promoting the realization of common prosperity.
corporate social responsibilitycommon prosperityfinancial performancehigh quality developmentmediating effect model