This paper examines corporate social responsibility (CSR) strategies and their anticipated impacts on both company’s performance and climate... Show moreThis paper examines corporate social responsibility (CSR) strategies and their anticipated impacts on both company’s performance and climate change mitigation in mainland China. It performs analysis on the effectiveness of the policies/efforts undertaken by Chinese publicly traded companies to carry on CSR projects through CSR disclosure system, and specifically focuses on determining if CSR projects could help to enhance companies’ profitability while promoting sustainable development in China. It utilizes companies’ financial statements and CSR reports from China Stock Market & Accounting Research Database (CSMAR), and regional macroeconomic data from National Bureau of Statistics of China from 2006 to 2016. The modeling results indicate that industry types, and socioeconomic conditions within which they operate control the anticipated outcome of implementing CSR projects specifically if those projects are designed to reduce companies' carbon emissions. This research provides valuable insights for CSR development in the future according to company types and socioeconomic imbalance in China. Show less
