Abstract: Drawing on resource-based theory, social identity theory and institutional theory, this paper analyzes the mechanism of how corporate science and technology for social good influences corporate innovation performance, the mediating role of shared vision capability and the moderating role of institutional pressure. Based on the data of 441 listed companies in China from 2016 to 2021, OLS regression method is adopted for empirical testing. The results are as follows. Firstly, corporate science and technology for social good positively relates with corporate innovation performance. Secondly, shared vision capability mediates the relationship between corporate science and technology for social good and corporate innovation performance. Thirdly, coercive pressure, normative pressure and mimetic pressure play significant positive moderating roles in the relationship between corporate science and technology for social good and corporate innovation performance. Finally, the positive impact of corporate science and technology for social good on corporate innovation performance is stronger in the samples of large-scale enterprises and state-owned enterprises. In addition to promoting the extension of mature theoretical achievements such as resource-based theory, social identity theory and institutional theory to the research field of corporate science and technology for social good, and expanding the boundaries of existing theoretical applications, the results of the study also open the “black box” of the relationship between corporate science and technology for social good and corporate innovation performance, and offer empirical evidence to support it. Moreover, the study provides practical references for enterprises to participate in corporate science and technology for social good in the process of improving corporate innovation performance.

Key words: corporate science and technology for social good, corporate innovation performance, shared vision capability, institutional pressure