PBESProceedings of Business and Economic Studies2209-26412209-265XBio-Byword Scientific Publishing Pty. Ltd.10.26689/pbes.v1i3.641ArticleResearch on the impact of market competition, ownership structure and corporate social responsibilityhttps://artdesignp.com/journal/PBES/1/3/10.26689/pbes.v1i3.641HuangLi,HuChaoyan2018132018-08-31Abstract:This article takes companies listed from 2014 to 2016 as research objects, relies on principal-agent theory, stakeholder theories, and reputation theories, and examines the ownership structure, market competition, and corporate social responsibility(CSR) using a multiple regression approach based on a hybrid ownership perspective. At the same time, the relationship between market competition and equity structure was studied. Research shows that product competition degree and CSR are in an inverted “U” relationship; ownership concentration is positively related to CSR; equity balance and CSR are negative. When related to market competition variables, the mixed-owned companies listed degree of ownership concentration is still positively related to CSR,and the linear relationship of negative balance of ownership balance becomes an inverted “U”shaped curve relationship.The market Competition has improved the restraint of CSR by the degree of ownership balance.

Lu Daifu. A Review of the Social Responsibility of Foreign Enterprises [J]. Modern Law, 2001 (03): 137-144.

Liu Xiaoxia, Jiang Yanjun. Product Market Competition, Executive Incentives and Corporate Social Responsibility Level——Based on the Perspective of Corporate Donation[J]. Finance and Accounting Monthly, 2011(24): 15-17.

Flammer C. Does corporate social responsibility lead to supeior financial performance? A traction discontinuity approach[R].MIT Working Paper.2013

Campbell J.I. Why would corporations behave in socially responsible ways? An instiutional theroy of corporate social responsibility[J]. Academy of management Review,2007,32(3):946-967

Jing Runtian, Zhang Yuan. Research on Social Responsibility of Joint Venture Based on Equity Structure[J]. Management Review, 2009, 21(12): 101-108.

Cheng Peixiang, Xiao Wangyang, Deng Chao. Research on the Relationship between Ownership Structure and Corporate Social Responsibility of Listed Companies[J]. , 2015(07):101-105.

Zhai Lijun, Dong Zhu, Zhu Yinxi. Empirical Research on Corporate Social Responsibility and Equity Structure of Financial Institutions[J]. Journal of Northeast Normal University (Philosophy and Social Sciences Edition), 2016(01): 243-247.

Sun Jinhua, Zhao Changwen. Capital Structure, Equity Structure and Product Market Competition Strategy [J]. Economist, 2006 (03): 126-128.

Wan Congying. Market Competition and Governance Effect of Equity Structure: Complementary or Substitute[J]. Research on Financial and Economic Issues, 2011(07): 37-44.