Corporate social responsibility, technological innovation and corporate performance: Inputs to sustainable development

International Journal of Research Studies in Management
CollabWritive Special Issue
2023 Volume 11 Issue 4

Available Online: 15 August 2023

Author/s:

Wang, Wei
Graduate School, Lyceum of the Philippines University – Batangas, Philippines (522396231@qq.com)

Abstract:

This study aims to clarify the relationship between corporate environmental responsibility, technological innovation and corporate performance, and explore the impact of corporate environmental responsibility and technological innovation on corporate performance, which will help to provide an effective path for corporate to achieve sustainable development. Determine the corporate social responsibility in terms of environmental, philanthropic, ethical, and economic responsibility. Assess the technological innovations in terms of Designing and making new products, Problem Solving and Data Collection. Evaluate corporate performance in terms of Economic sustainability, Social sustainability and Environmental sustainability. Test the significant relationship between the three major variables. Provide inputs to sustainable development. This article collects data through questionnaire survey method, conducts multivariate statistical analysis based on quantitative analysis method, and uses SPSS software to provide feedback on the data content of the questionnaire. The research results indicate that there is a positive correlation between corporate social responsibility and corporate performance. The better a company fulfills its social responsibility, the better its performance; There is a significant correlation between technological innovation and corporate performance. The higher the level of technological innovation in enterprises, the better their performance. Ultimately, a comprehensive framework for sustainable development of enterprises was formed based on corporate social responsibility, technological innovation, and corporate performance.

Keywords: corporate social responsibility, technological innovation, corporate performance, corporate sustainable development

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DOI: https://doi.org/10.5861/ijrsm.2023.1041

Cite this article:
Wang, W. (2023). Corporate social responsibility, technological innovation and corporate performance: Inputs to sustainable development. International Journal of Research Studies in Management, 11(4), 93-103. https://doi.org/10.5861/ijrsm.2023.1041