Influential factors and

representative scholars

Research contribution

Research limitations

Resource-based theory

Enterprise scale (Rehbein & Cramer, 2002; Hillam, 2003; Meznar & Night, 1995); Diversification of enterprises (Hillman & Wan, 2005; Hillman & Hitt, 1999);

Department of public affairs

(Lenways & Rehbein, 1991); Political preferences of executives (Blumentritt, 2003); Enterprise growth (Ye Guangyu, 2011); Bargaining power (GOMES-CASSERES, 1990)

Extend asset attributes to intangible resources and capabilities

Too much emphasis on internal resources, while ignoring the external resources

Institutional-based theory

Institutional environment at the national level (Hillman, 2003); Industry management system (Sohuler, 2002); Enterprise level (Tian Zhilong, 2005)

From the perspective of the internal resources and capabilities of the enterprise

A comparative study on the lack of developed economy, new economy and transitional economy

Stakeholder Theory

Employees, government, shareholders, community, public (Agle, Mitchell & Wood, 2000)

Taking into account the interests of all stakeholders, rather than just pay attention to the interests of enterprises

In the case of resource constraints, how to balance the contradictions and conflicts between stakeholders

Corporate social responsibility theory

Responsibility for employees and shareholders (Baron & Diermeie, 2007); Public welfare activities and charitable acts, the protection of the rights and interests of consumers, the protection of employees’ rights and interests, the protection of ecological environment (Xie Peihong, 2010)

From the perspective of economic research to the study of enterprise ethics

The lack of research on the motivational factors of corporate social responsibility

Transaction cost theory

Collective action or act alone (Hillman, 1999); Asset specificity or public goods attributes (Grier, 1994)

Using economic indicators to measure the cost of non-market strategy

Concerned about the short-term interests of enterprises, ignoring the long-term interests of enterprises

Social capital theory

Executive social network (Blumentritt, 2003; Shao Jianbing, 2010)

Research on the mechanism of influencing factors

Ignore the nature of ownership (Private enterprises, and state-owned enterprises)

Resource dependence theory

Reduce dependence on external (Frooman, 2001; Pandi, 2011)

The effect of resource dependence on the choice of non-market strategy

Selection, control and manipulation of the external environment