Party Organization Embedding and Corporate Social Responsibility

This paper examines the impact of Party organization embedding on corporate social responsibility and its mechanism by using the data collected by hand.The results of the study are as follows:(1) The Party organization embedding significantly improves the corporate social responsibility;(2) When the Party organization is embedded in the board of directors and the board of supervisors,the Party organization embedding has a significant role in promoting the corporate social responsibility.When the Party organization is embedded in the management,the role of the Party organization embedding in promoting the corporate social responsibility is not significant;(3) The higher the degree of marketization and the quality of internal control,the more prominent the role of the party organization embedding in promoting the corporate social responsibility.After extensive testing and analysis,it finds that the Party organization embedding significantly promotes the social responsibility of state-owned enterprises,but it fails to significantly promote the social responsibility of private enterprises.The conclusion of the study provides important enlightenment for perfecting the embedded mechanism of the Party organization and deepening the recognition of the corporate social responsibility motivation.