Purpose

External institutional policy and its impact on corporate social responsibility (CSR) have been widely discussed by researchers, but its effect still remains controversial. This study aims to use the minimum wage policy as an illustrative example to analyze its impact on the corporate social responsibility (CSR) of tourist enterprises. Furthermore, the research seeks to examine the boundary conditions that influence the minimum wage’s effect on CSR.

Design/methodology/approach

This paper takes the data of 42 listed tourism companies from 2010 to 2020 in China as samples and uses the mixed OLS regression method and the fixed effects panel model to examine the effect of the minimum wage on CSR.

Findings

Findings show that increasing wages has a significantly negative impact on their total CSR investment. Also, low-operating-capacity enterprises and private enterprises will react more adversely when faced with increasing minimum wages. And found that the increase of minimum wage has no significant negative impact on the strategic social responsibility of tourism enterprises; however, it has a significantly negative impact on their tactical social responsibility. In addition, as far as employees’ rights and interests are concerned, the minimum wage increase has effectively increased employee salaries, but the nonsalary benefits of the employees have significantly decreased.

Originality/value

The contribution of this paper not only expands the research on the antecedents and boundary mechanisms of CSR but also clarifies the specific effect of the rise of the minimum wage on corporate social responsibility; it further deepens the impact of institutional policy factors on CSR, which also opens new perspectives for policy evaluation and provides a theoretical basis for government policymakers.

中文翻译：

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最低工资标准对我国旅游企业社会责任的影响

目的

外部制度政策及其对企业社会责任（CSR）的影响已被研究者广泛讨论，但其效果仍存在争议。本研究旨在以最低工资政策为例，分析其对旅游企业企业社会责任（CSR）的影响。此外，该研究还试图探讨影响最低工资对企业社会责任影响的边界条件。

设计/方法论/途径

本文以我国42家旅游上市公司2010-2020年的数据为样本，运用混合OLS回归方法和固定效应面板模型检验最低工资对企业社会责任的影响。

发现

调查结果表明，工资上涨对其企业社会责任投资总额有显着的负面影响。此外，经营能力较低的企业和私营企业在面对最低工资上涨时，反应也会更加不利。并发现最低工资标准的提高对旅游企业的战略社会责任没有显着的负面影响；然而，这对其战术性社会责任产生了显着的负面影响。此外，就员工权益而言，最低工资标准上调有效提高了员工工资，但员工的非工资福利却明显下降。

原创性/价值

本文的贡献不仅拓展了企业社会责任发生的前因和边界机制的研究，而且阐明了最低工资上涨对企业社会责任的具体影响；进一步深化了制度政策因素对企业社会责任的影响，也为政策评估开辟了新的视角，为政府决策者提供了理论依据。