How Does Mission Statement Relate to the Pursuit of Food Safety Certification by Food Companies?
Abstract
:1. Introduction
1.1. Theory and Hypothesis
1.1.1. The Relationship between Mission Statement and Food Safety Certification
1.1.2. The Moderate Effect of the Control of the Largest Shareholder
1.1.3. The Moderate Effect of the Nature of the Ownership
2. Materials and Methods
2.1. Sample
2.1.1. Independent Variables
2.1.2. Dependent Variables
2.1.3. Moderating Variables
2.1.4. Control Variables
2.2. Model
3. Results
4. Discussion
5. Conclusions
Author Contributions
Funding
Conflicts of Interest
References
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Variables | Min | Max | Mean | S.D. | 1 | 2 | 3 |
---|---|---|---|---|---|---|---|
1. Food safety certification | 0.00 | 1.00 | 0.63 | 0.48 | - | ||
2. Food safety concern of mission statement | 0.00 | 1.00 | 0.07 | 0.08 | 0.09 ** | - | |
3. SOE (d) | 0.00 | 1.00 | 0.43 | 0.50 | 0.13 ** | −0.06 | - |
4. First | 0.05 | 0.96 | 0.38 | 0.15 | 0.10 ** | 0.00 | 0.15 ** |
5. Size | 19.24 | 25.80 | 21.96 | 1.06 | 0.18 ** | −0.01 | 0.15 ** |
6. CEO (d) | 0.00 | 1.00 | 0.26 | 0.44 | −0.01 | 0.03 | −0.26 ** |
7. Board | 0.14 | 0.80 | 0.38 | 0.07 | −0.02 | 0.01 | 0.04 |
8. Financial leverage | 0.02 | 1.51 | 0.37 | 0.19 | −0.10 ** | 0.03 | 0.08 * |
9. Capin | 0.18 | 357.29 | 2.52 | 12.75 | −0.07 * | −0.01 | −0.05 |
10. Age | 0.00 | 3.50 | 2.78 | 0.33 | 0.06 | −0.08 * | 0.12 ** |
3 | 4 | 5 | 6 | 7 | 8 | 9 | |
3. SOE | - | ||||||
4. First | 0.15 ** | - | |||||
5. Size | 0.15 ** | 0.16 ** | - | ||||
6. CEO (d) | −0.26 ** | 0.01 | −0.05 | - | |||
7. Board | 0.04 | 0.08 * | 0.11 ** | 0.00 | - | ||
8. Lev | 0.08 * | −0.07 * | 0.20 ** | −0.13 ** | 0.03 | - | |
9. Capin | −0.05 | −0.07 * | −0.06 | −0.04 | −0.05 | 0.07 * | - |
10. Age | 0.12 ** | −0.14 ** | 0.14 ** | 0.02 | 0.06 | −0.04 | 0.00 |
Dependent Variable | Food Safety Certification | ||||
---|---|---|---|---|---|
Model 1 | Model 2 | Model 3 | Model 4 | Model 5 | |
Size | 0.355 *** (0.080) | 0.318 *** (0.084) | 0.370 *** (0.087) | 0.263 *** (0.085) | 0.335 *** (0.089) |
CEO | −0.269 (0.171) | −0.113 (0.178) | −0.025 (0.182) | −0.125 (0.180) | 0.013 (0.186) |
Board | −1.757 (1.116) | −2.169 * (1.155) | −2.509 ** (1.174) | −2.747 ** (1.210) | −3.104 ** (1.235) |
Financial leverage | −1.208 *** (0.431) | −1.269 *** (0.445) | −1.196 *** (0.449) | −1.467 *** (0.455) | −1.460 *** (0.460) |
Capin | −0.042 * (0.022) | −0.033 (0.021) | −0.034 (0.022) | −0.033 (0.021) | −0.034 (0.022) |
Age | −0.334 (0.252) | −0.407 (0.264) | −0.339 (0.263) | −0.313 (0.262) | −0.217 (0.261) |
Year | Included | Included | Included | Included | Included |
First | 0.626 (0.543) | 0.827 (0.554) | 1.095 ** (0.557) | 1.435 ** (0.576) | |
SOE | 0.669 *** (0.166) | 0.743 *** (0.170) | 0.852 *** (0.182) | 0.960 *** (0.185) | |
Food safety concern of mission statement | 3.045 ** (1.257) | 3.627 *** (1.390) | 6.537 *** (1.336) | 6.147 *** (1.365) | |
Food safety concern of mission statement X First | 0.411 *** (0.129) | 0.479 *** (0.126) | |||
Food safety concern of mission statement X SOE | 0.637 *** (0.127) | 0.720 *** (0.130) | |||
Constant | −4.485 ** (1.895) | −3.988 ** (1.954) | −5.410 *** (2.038) | −3.136 (1.986) | −5.045 ** (2.083) |
Estimation model | Logistic | Logistic | Logistic | Logistic | Logistic |
Number of observations | 872 | 872 | 872 | 872 | 872 |
Log Likelihood | −532.219 | −518.815 | −513.562 | −504.247 | −496.708 |
Dependent Variable | High Shareholder Control | Low Shareholder Control |
---|---|---|
Food Safety Certification | ||
Model 1 | Model 2 | |
Size | 0.505 *** (0.137) | 0.246 ** (0.111) |
CEO | 0.379 (0.261) | −0.539 * (0.278) |
Board | −2.868 * (1.584) | −3.097 * (1.868) |
Financial leverage | −1.466 ** (0.643) | −1.399 ** (0.649) |
Capin | −0.218 * (0.116) | −0.034 (0.022) |
Age | 0.353 (0.321) | −1.787 *** (0.519) |
Year | Included | Included |
SOE | 0.710 *** (0.257) | 0.614 ** (0.243) |
Food safety concern of mission statement | 7.336 *** (2.181) | 1.986 (1.889) |
Constant | −9.912 *** (3.102) | 2.535 (2.843) |
Estimation model | Logistic | Logistic |
Number of observations | 439 | 433 |
Log Likelihood | −246.270 | −256.799 |
Dependent Variable | SOE = 1 | SOE = 0 |
---|---|---|
Food Safety Certification | ||
Model 1 | Model 2 | |
Size | 0.476 *** (0.145) | 0.088 (0.116) |
CEO | 1.195 ** (0.497) | −0.461 ** (0.211) |
Board | −2.531 (1.793) | −2.331 (1.790) |
Financial leverage | −2.840 *** (0.841) | −0.789 (0.581) |
Capin | 0.380 ** (0.166) | −0.048 * (0.027) |
Age | 0.039 (0.555) | −0.269 (0.320) |
Year | Included | Included |
First | 0.911 (1.191) | 1.458 ** (0.682) |
Food safety concern of mission statement | 16.693 *** (3.232) | −0.264 (1.003) |
Constant | −9.665 *** (3.684) | 0.977 (2.752) |
Estimation model | Logistic | Logistic |
Number of observations | 377 | 495 |
Log Likelihood | −183.535 | −303.818 |
Dependent Variable | Food Safety Certification | |||
---|---|---|---|---|
Model 1 | Model 2 | Model 3 | Model 4 | |
Size | 0.061 *** (0.016) | 0.067 *** (0.016) | 0.055 *** (0.016) | 0.062 *** (0.016) |
CEO | −0.017 (0.037) | −0.001 (0.038) | −0.021 (0.037) | 0.001 (0.037) |
Board | −0.467 * (0.238) | −0.504 ** (0.238) | −0.586 ** (0.236) | −0.655 *** (0.235) |
Lev | 0.231 *** (0.089) | −0.218 ** (0.089) | −0.270 *** (0.088) | −0.255 *** (0.088) |
Capin | −0.002 (0.001) | −0.002 (0.001) | −0.002 (0.001) | −0.002 (0.001) |
Age | −0.086 (0.054) | −0.073 (0.054) | −0.064 (0.054) | −0.043 (0.054) |
Year | Included | Included | Included | Included |
First | 0.144 (0.112) | 0.157 (0.112) | 0.231 ** (0.112) | 0.262 ** (0.112) |
SOE | 0.141 *** (0.034) | 0.150 *** (0.034) | 0.149 *** (0.034) | 0.163 *** (0.034) |
Food safety concern of mission statement | 0.456 ** (0.186) | 0.313 (0.195) | 1.078 *** (0.220) | 0.948 *** 0.222) |
Food safety concern of mission statement X First | 0.055 ** (0.024) | 0.080 *** (0.024) | ||
Food safety concern of mission statement X SOE | 0.104 *** (0.020) | 0.117 *** (0.020) | ||
Estimation model | OLS | OLS | OLS | OLS |
Number of observations | 872 | 872 | 872 | 872 |
R2 | 0.067 | 0.073 | 0.095 | 0.107 |
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Share and Cite
Lin, Q.; Zhu, Y.; Zhang, Y. How Does Mission Statement Relate to the Pursuit of Food Safety Certification by Food Companies? Int. J. Environ. Res. Public Health 2020, 17, 4735. https://doi.org/10.3390/ijerph17134735
Lin Q, Zhu Y, Zhang Y. How Does Mission Statement Relate to the Pursuit of Food Safety Certification by Food Companies? International Journal of Environmental Research and Public Health. 2020; 17(13):4735. https://doi.org/10.3390/ijerph17134735
Chicago/Turabian StyleLin, Quan, Yutao Zhu, and Yue Zhang. 2020. "How Does Mission Statement Relate to the Pursuit of Food Safety Certification by Food Companies?" International Journal of Environmental Research and Public Health 17, no. 13: 4735. https://doi.org/10.3390/ijerph17134735