THE MEDIATING EFFECTS OF CORPORATE SOCIAL RESPONSIBILITY ON THE RELATIONSHIP BETWEEN ENVIRONMENTAL REGULATION INTENSITY AND GREEN ECONOMIC EFFICIENCY OF MANUFACTURING COMPANIES IN GUANGDONG
This study investigates the manufacturing companies in Guangdong Province on the mediating role of Corporate Social Responsibility in the relationship between Environmental Regulation Intensity and Green Economic Efficiency. A quantitative approach was employed and 395 samples were collected by questionnaire. The result was analyzed by PLS-SEM. The findings support three key hypotheses which are: Environmental Regulation Intensity positively influence Green Economic Efficiency, Corporate Social Responsibility positively impacts Green Economic Efficiency, and Corporate Social Responsibility plays as a mediating role between Environmental Regulation Intensity and Green Economic Efficiency. The findings offer valuable insights for policymakers in designing effective environmental regulations, and help business develop sustainable strategies in an increasingly eco-conscious market.
Environmental Regulation Intensity; Corporate Social Responsibility; Green Economic Efficiency; Manufacturing Companies.