INFLUENCE OF CORPORATE SOCIAL RESPONSIBILITY ON LOW-CARBON ECONOMIC DEVELOPMENT LEVEL OF COAL ENTERPRISES IN SHANXI PROVINCE, CHINA

Yuanyuan Liu¹ and Wasin Phromphithakkul²

1Ph.D, Candidate, Management, School of Management, Shinawatra University

Email: 574717729@qq.com

²Ph.D, Management, School of Management, Shinawatra University

Email: wasin.p@siu.ac.th

Abstract

This paper aims to study the impact of corporate social responsibility on the low-carbon economic development level of coal enterprises in Shanxi Province, China. According to Krejcie and Morgan’s Table, the authors selected 381 samples by stratified random sampling from all 50,000 middle and high-level managers in 806 coal enterprises in Shanxi Province, China. This study used the structural equation model for quantitative research, and sample data were collected through a questionnaire survey. The main tools analyzed in this paper are EFA, Reliability, Validity, and CFA, all based on a significance level of 0.001. As a result of the analysis, corporate social responsibility (CSR) is significantly positively correlated with the low carbon economic development level (LCE) of coal enterprises, and the responsibility management system (RMS) and the implementation of the management system (IMS) serve as significant mediating factors. Therefore, it is suggested that the government, society, and enterprises should pay more attention to establishing and implementing a corporate social responsibility management system. Consequently, this will further improve the low carbon economic development level of coal enterprises in Shanxi Province.

Keywords：CSR, Low Carbon Economic, Responsibility Management