The Impact of Corporate Social Responsibility on Performance in High-Tech Industries

Abstract

With the rapid development of high-tech industries, the impact of corporate social responsibility (CSR) on firm performance has received increasing attention. This study employs panel data from A-share listed high-tech companies in China between 2010 and 2020 to empirically examine the extent and mechanisms through which CSR influences corporate performance. A multiple regression model is constructed with return on assets (ROA) as the dependent variable, and CSR performance as the key explanatory variable, alongside firm size, leverage, and effective tax rate as controls. The results show that CSR has a significant and positive impact on firm performance. Even in innovation-driven high-tech enterprises, proactive CSR engagement can contribute to actual improvements in performance by enhancing employee motivation, corporate reputation, and stakeholder trust. These findings provide new empirical support for the strategic value of CSR within high-tech sectors.