Journal articles on the topic 'Corporate philanthropy'
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Du, Xingqiang, Quan Zeng, and Yingying Chang. "To be philanthropic when being international: Evidence from Chinese family firms." Journal of Management & Organization 24, no. 3 (March 15, 2017): 424–49. http://dx.doi.org/10.1017/jmo.2017.9.
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AbstractThis study examines the influence of internationalization on corporate philanthropy, and further investigates the moderating effect of political participation of CEO (Chief Executive Officer). Using a sample of Chinese family firms and hand-collected data on corporate philanthropy, internationalization, and CEO’s political participation, our findings show that internationalization is significantly positively associated with corporate philanthropy, suggesting that internationalization plays an important role in promoting corporate philanthropy because of the mounting interaction of corporate philanthropic consciousness among multinational companies. In addition, CEO’s political participation reinforces the positive association between internationalization and corporate philanthropy. Above findings are robust to a variety of sensitivity tests and further our conclusions are still valid after controlling for the endogeneity between internationalization and corporate philanthropy.
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Cha, Wonsuk, and Michael A. Abebe. "Board of directors and industry determinants of corporate philanthropy." Leadership & Organization Development Journal 37, no. 5 (July 4, 2016): 672–88. http://dx.doi.org/10.1108/lodj-09-2014-0189.
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Purpose – The purpose of this paper is to extend the current research on corporate philanthropy and organizational outcomes by empirically exploring two specific types of antecedents: board of director composition and industry membership. Design/methodology/approach – A theoretical framework was developed based on the resource dependence and stakeholder theories which suggest that the extent that firms build relationship with certain stakeholders is closely tied to the personal and social background of board members, in turn influencing the allocation of resources to corporate philanthropy. Hierarchical multiple regression analysis as well as analysis of variance with post hoc comparisons was conducted using multi-year data philanthropic data from 104 US corporations. Findings – The results provided empirical support for a positive relationship between the number of female board directors and the level of corporate philanthropy. In addition, the results showed significant inter-industry variations in the level of corporate philanthropy. This indicated that the rather aggressive role of philanthropy in mitigating reputational challenges associated with product-market dysfunctions. Contrary to the theoretical predictions, the results did not support a positive relationship between the proportion of outside directors and level of philanthropy. Research limitations/implications – The authors believe the empirical finding on the relationship between industry membership and corporate philanthropy is a significant contribution to the philanthropy literature. Accordingly, by empirically showing the disproportionately higher level of philanthropy by some prominent industries (such as gas and oil, financial services and chemical) than their counterparts, the authors contribute to the understanding of sector-level determinants of corporate philanthropy. Practical implications – Since board of directors have a direct involvement in reviewing and approving major corporate initiatives, the choice of these directors is more likely to influence the amount of resources committed to philanthropic causes. Consistent with other studies in the larger corporate social responsibility research, the authors found that more women directors on the board are associated with greater philanthropic spending. Hence, a major implication of the study is that shareholders and the general corporate community need to pay close attention into who is elected to serve as director of business organizations as these directors’ background and experience could shape major social responsibility initiatives such as corporate philanthropy. Originality/value – By empirically investigating the relationship between board composition and philanthropy, this study extends the scholarly discussion to focus on the role of the board in shaping the level of firm commitment in overall CSR. In addition, this study provides empirical evidence on the role of industry context in the level of commitment in corporate philanthropic activities.
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Zulfiqar, Sehar. "How economic recession effect the corporate philanthropy? Evidence from Pakistani corporate sector." Applied Studies in Agribusiness and Commerce 11, no. 1-2 (June 30, 2017): 89–95. http://dx.doi.org/10.19041/apstract/2017/1-2/11.
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Corporate philanthropy is a significant indicator of firm’s socially responsible behavior. Researchers and managers acknowledge the immense potential of corporate philanthropy for optimizing social and economic benefits. Aligned with this view corporate sector in Pakistan is engaged in philanthropic initiatives in some form or another. This paper aims to present the response of the Pakistani corporate sector to the corporate philanthropy at the time of global economic recession 2008-2009 by analyzing the sample of Public Listed Companies (PLCs). The analysis revealed that during the global financial crisis, the economic condition of Pakistan was worsened that was already in distress, but it hasn’t strongly effected the corporate philanthropy as the data shows a slight decrease in the overall volume of corporate donations in 2007 and a slight decrease in the number of companies engaged in philanthropy during 2008. The finding of the study suggests that during the global economic downturn the PLCs in Pakistan continued to show commitment towards community through corporate donations.
JEL code: B22
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Mehwish, Maryem, Zia Khan, and Syed Shujaat Ali Shah. "Consumer Responses to Corporate and Celebrity Philanthropy." SAGE Open 11, no. 3 (July 2021): 215824402110469. http://dx.doi.org/10.1177/21582440211046949.
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Philanthropic activities have gained paramount importance in today’s world. The purpose of this paper is twofold. Firstly, the authors propose a model to comprehend the process of philanthropy (corporate as well as celebrity) in creating word of mouth intentions (hereafter WoM). Secondly, it attempts to explore the interaction effects of these philanthropies on WoM intentions. A structural equation model is tested in a sample of 400 FMCG consumers in Pakistan. The results confirm that both corporate and celebrity philanthropy directly and positively affect WoM intentions. However, their interaction effect is found to be insignificant on WoM intentions. This study has meaningful implications that involving philanthropic celebrities in corporate philanthropy-based advertisements may garner favorable consumers’ WoM intentions. It lies among the pioneering studies to empirically investigate the understudied model of corporate and celebrity philanthropy in order to understand the creation of WoM intentions.
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Jiang, Shaoyan, Jingwen Mi, Xiaohui Tao, and Wanwan Hu. "Corporate Philanthropy and Innovation Performance." International Journal of Business and Management 13, no. 4 (March 19, 2018): 173. http://dx.doi.org/10.5539/ijbm.v13n4p173.
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Corporate Philanthropy and innovation performance are the focuses of enterprise research in recent years. Based on resource dependence theory and information disclosure theory, the paper explores the impact of philanthropic donations on innovation performance. Through the quantitative data analysis of 319 enterprises in China, the results show that: (1) There is an obviously positive correlation between philanthropic donations and innovation performance, which will be affected by the scale of enterprises. (2) The disclosure of philanthropic information will weaken the promotion effect of philanthropic donation on innovation performance. The conclusion of the study made a useful extension of the existing philanthropic donation literature and provided a theoretical basis for the philanthropic practice of the enterprise.
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Cha, Wonsuk, and Dongjun Rew. "CEO characteristics and corporate philanthropy in times of organizational crisis." Journal of General Management 44, no. 1 (October 2018): 44–55. http://dx.doi.org/10.1177/0306307018788805.
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While corporate philanthropy has been considered a firm’s reputation management activity, less research has focused on the relationship between CEOs as the ultimate decision maker and corporate philanthropy, particularly when organizational crises occur. To fill this research gap, this study examines certain CEO characteristics (such as founder status and CEO network) and two causes of philanthropy (such as business-related philanthropy and cause-related philanthropy). This study suggests that there will be a positive relationship between these characteristics of CEOs and causes of corporate philanthropy, and organizational crises will moderate that relationship. This study contributes to a new conceptual framework to explore the relationship between CEO characteristics and different corporate philanthropic causes following organizational crises. This study discusses the scholarly suggestions of our conceptual framework and concludes with implications for future research.
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Kim, Seoyeon, and Lucinda Austin. "Effects of CSR initiatives on company perceptions among Millennial and Gen Z consumers." Corporate Communications: An International Journal 25, no. 2 (November 11, 2019): 299–317. http://dx.doi.org/10.1108/ccij-07-2018-0077.
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Purpose The purpose of this paper is to examine Millennial consumers’ responses to two corporate social initiative types – socially responsible business practices and corporate philanthropy – in combination with proactive and reactive CSR communication strategies. Design/methodology/approach A 2 (corporate philanthropy/socially responsible business practices) ×2 (proactive/reactive CSR communication) between-subjects experiment was conducted. Findings The socially responsible business practices were largely perceived more positively than the philanthropic initiatives. Likewise, greater public-serving motives were attributed to the socially responsible business practices compared to the philanthropy. While philanthropic initiatives were perceived more negatively when communicated reactively, there were no significant differences between proactive and reactive socially responsible business practices. Originality/value As an attempt to initiate the comparative examination of the effects of different corporate social initiative types, this study suggests outperformance of the socially responsible business practices type of corporate social initiatives over the resources-giving (i.e. philanthropy) type of initiatives even in the reactive communication setting where reputational threat resides.
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Du, Xingqiang, Hongmei Pei, Yingjie Du, and Quan Zeng. "Media coverage, family ownership, and corporate philanthropic giving: evidence from China." Journal of Management & Organization 22, no. 2 (August 12, 2015): 224–53. http://dx.doi.org/10.1017/jmo.2015.28.
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AbstractUsing a sample of Chinese family firms during the period of 2004–2010, we examine the influence of media coverage on corporate philanthropic giving and the moderating role of family ownership. Specifically, we document that media coverage is significantly positively associated with corporate philanthropic giving, suggesting that media coverage as an informal system plays an important role in motivating Chinese family firms to establish business ethics, shape socially responsible images, and enhance corporate philanthropy. Moreover, family ownership attenuates the positive association between media coverage and corporate philanthropic giving. Our findings are robust to a variety of sensitivity tests and are still valid after controlling for the potential endogeneity between media coverage and corporate philanthropy. Our study is one of few studies to investigate the impact of media coverage on corporate philanthropic giving in an emerging market.
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Parvez, Md Shahriar. "Emergence of Corporate Philanthropy: Chapter Bangladesh." Global Disclosure of Economics and Business 1, no. 1 (June 30, 2012): 65–73. http://dx.doi.org/10.18034/gdeb.v1i1.204.
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The study objective is to focus on emergence of corporate philanthropy on Bangladesh. Corporate philanthropy is a phenomenon which associates the business sector with the social sector. Social historians and researchers alike as a subset of a larger corporate social responsibility (CSR) subject, philanthropy provides an opportunity for corporations to establish an ethical and moral mantra within the organization. The study also aims to find out, understand the perspective of attributes, legal context, importance, advantages and disadvantages, competitive advantage, Sectors contribution analysis of emergence of corporate philanthropy on Bangladesh. The study used published secondary source of data from various relevant sources reports, websites, journals, publications and the researcher have used own personal experience regarding the country’s corporate behavior and following background and their impact on this research paper. After conceptualizing the various situations and literatures review the study find out that corporate philanthropy is a new concept in the corporate world and increasing clients/ customers demand on the products and services towards the corporate in the meantime cooperate responsibilities towards their clients/ customers also increasing day by day, so emergence of the corporate philanthropy in Bangladesh is a vital part of the corporate sector and Bangladeshi business culture for centuries and it seems that an emphasis on charitable contributions from philanthropic programs has enhanced the visibility of this practice in Bangladesh.
GEL Classification Code: M14; N30
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Nicholson, Helen, Ron Beadle, and Richard Slack. "Corporate Philanthropy as a Context for Moral Agency, a MacIntyrean Enquiry." Journal of Business Ethics 167, no. 3 (May 29, 2019): 589–603. http://dx.doi.org/10.1007/s10551-019-04188-7.
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AbstractIt has been claimed that ‘virtuous structures’ can foster moral agency in organisations. We investigate this in the context of employee involvement in corporate philanthropy, an activity whose moral status has been disputed. Employing Alasdair MacIntyre’s account of moral agency, we analyse the results of eight focus groups with employees engaged in corporate philanthropy in an employee-owned retailer, the John Lewis Partnership. Within this organisational context, Employee–Partners’ moral agency was evidenced in narrative accounts of their engagement in philanthropic activities and in their disputes about the moral status of corporate philanthropy.
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Hsieh, Yaolung James. "Corporate Philanthropy." Proceedings of the International Association for Business and Society 10 (1999): 335. http://dx.doi.org/10.5840/iabsproc19991031.
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Saiia, David H., Archie B. Carroll, and Ann K. Buchholtz. "Corporate Philanthropy." Proceedings of the International Association for Business and Society 10 (1999): 383–93. http://dx.doi.org/10.5840/iabsproc19991036.
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Bartkus, Barbara R., Bruce Seifert, and Sara A. Morris. "Corporate Philanthropy." Proceedings of the International Association for Business and Society 12 (2001): 109–20. http://dx.doi.org/10.5840/iabsproc20011213.
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Young, K. D. "Corporate Philanthropy." Science 278, no. 5345 (December 12, 1997): 1865b—1869. http://dx.doi.org/10.1126/science.278.5345.1865b.
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Paul, Karen. "Corporate philanthropy." Society 27, no. 6 (September 1990): 15–16. http://dx.doi.org/10.1007/bf02699091.
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Ndegwa, James N. "An Evaluation of Quantitative Audit Materiality of Corporate Philanthropy by Kenyan Listed Firms." International Journal of Economics and Finance 10, no. 8 (July 4, 2018): 84. http://dx.doi.org/10.5539/ijef.v10n8p84.
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There is currently no regulatory body or organized civil rights group that monitors the materiality of the cost of corporate philanthropy (CP) which has created a gap that is being exploited by many corporates to make no or insignificant donations to the public which is a potential source of conflict between the society and corporates. The current research has imported the auditing concept of quantitative audit materiality and applied it in the field of CP to test the materiality or significance of corporate philanthropy by listed firms in Kenya during the year 2013 with intention to monitor the significance of corporate philanthropy by Kenyan corporates. Purposive sampling technique was employed to select 16 out of 62 listed firms in Kenya where there was cost of corporate philanthropy reported by the firms. Descriptive statistical analysis and paired samples t-test were employed to analyses for significant or materiality of corporate philanthropy. The overall findings indicated that Kenyan firms made immaterial corporate donations with respect to their profit before tax (PBT). The study thus recommends for enactment of regulations to govern the matter of corporate donations in Kenya.
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Yu, Hui-Cheng, and Lopin Kuo. "Corporate Philanthropy Strategy and Sustainable Development Goals." Sustainability 13, no. 10 (May 18, 2021): 5655. http://dx.doi.org/10.3390/su13105655.
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This paper investigates the charitable giving of Chinese firms from the perspectives of four sustainable development goals (SDGs), including Economy, Operation, Harmony, and Management. By converting corporate financial data into four independent variables, namely Economy, Operation, Harmony, and Management, this study explores philanthropic giving for SDGs. The empirical evidence shows that corporate philanthropy has a significant and positive effect on Economy, Operation and Harmony, and it is negatively related to Management. This study finds that the sample firms would undertake some social responsibilities for the economic and political benefits of legitimization or corporate philanthropy.
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Rak, Mateusz. "Corporate Social Resposibility activities undertaken by enterprises." Annals of Marketing Management and Economics 3, no. 1 (June 30, 2017): 109–22. http://dx.doi.org/10.22630/amme.2017.3.1.10.
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The paper shows areas of CSR included in corporate strategy, including particularly philanthropy, which may be pursued by an external organisation. It also presents areas of corporate social responsibility, providing a background for the results of the analysis of secondary data concerning the importance of CSR for enterprise. The procedure for creating a CSR strategy is explained and the possibilities of pursuing philanthropic tasks by an external organisation are shown. Using own research (the analysis of websites of 125 corporate foundations in Poland in 2015 and the results of the survey of 46 managers from corporate foundations), author present ways of delegating philanthropic tasks to corporate foundations and how the tasks are accomplished. This article is intended for researchers studying CSR and also for company managers who think about philanthropy.
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Chalmeta, Ricardo, and Henna Viinikka. "Corporate philanthropy communication on donor websites." Journal of Information, Communication and Ethics in Society 15, no. 01 (March 13, 2017): 53–73. http://dx.doi.org/10.1108/jices-03-2016-0008.
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Purpose This paper aims to examine whether companies engaging in corporate philanthropy, a component of corporate social responsibility (CSR), disclose information about such activities publicly on their websites, analyze whether there is a relation between the kind of charitable giving (in-kind donations or financial gifts), the number of donation types, or the industry sector the company belongs to, the mention on the company website and whether there is a relation between communicate company corporate philanthropy and communicate other company CSR issues. Design/methodology/approach The research methodology was descriptive statistics research method. The data were collected during the months of June and July 2013 from the websites of 141 companies that had recently engaged in corporate philanthropy. Findings The study found that, surprisingly, a considerable portion of companies practicing corporate philanthropy do not disclose that information on their websites. This was especially the case when donations were made with product instead of in cash. Originality/value This study quantifies the fact that many companies engage in CSR through corporate philanthropy but do not communicate those activities to a wider public. This can be seen as a missed opportunity to take advantage of a variety of positive effects that companies related to CSR benefit from. On the other hand, it can also be interpreted as a missed opportunity for the NGOs to encourage their donors to “come out” with their philanthropic activities.
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Campbell, David, and Richard Slack. "Corporate “Philanthropy Strategy” and “Strategic Philanthropy”." Business & Society 47, no. 2 (September 18, 2007): 187–212. http://dx.doi.org/10.1177/0007650306297941.
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Ancell, Deborah. "AIRLINE PHILANTHROPY – INVESTMENT OR EXPENSE?" Journal of Air Transport Studies 10, no. 1 (January 1, 2019): 39–69. http://dx.doi.org/10.38008/jats.v10i1.16.
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Airlines are corporately socially and environmentally responsible (CSER). Unlike predecessor ‘CSR’, CSER acknowledges the importance of the environment. CSER-managed airlines obey the law, service customers safely, manage employees fairly, reward owners appropriately, pay suppliers promptly and mitigate environmental impacts. Unlike philanthropy (i.e. CSERplus), airlines’ CSER-management is underpinned by economics – the optimal allocation of resources. External pressures push airlines to go beyond economically-viable, strategic investments to make philanthropic donations which are voluntary, discretionary contributions purportedly to further their interests. If the CSERplus philanthropic contributions are non-strategic they could increase costs without any benefit. Husted and Salazar (2006) determined three motivations for corporate entities to engage in strategic CSERplus (philanthropic) activities: either to (a) prevent unfavourable government intervention (b) create product differentiation to increase sales or (c) trigger cost reductions. Content and theme analysis of the top 10 airlines’ CSER reports indicated that none of the three motivations applied to their philanthropic contributions. Philanthropy appeared to support the altruistic or egoistic interests of managers rather than the airlines. There were no success measures. In fact, philanthropic donations appeared to increase costs at a time when many airlines were reducing services and products to remain competitive. The conclusion is that airline philanthropy is an expense rather than an investment. This paper contributes to the paucity of current literature on philanthropic motivations and airline CSER management.
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von Schnurbein, Georg, Peter Seele, and Irina Lock. "Exclusive corporate philanthropy: rethinking the nexus of CSR and corporate philanthropy." Social Responsibility Journal 12, no. 2 (June 6, 2016): 280–94. http://dx.doi.org/10.1108/srj-10-2014-0149.
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Purpose The purpose of this paper is to add to a better understanding of relationship of corporate social responsibility (CSR) and corporate philanthropy. The authors argue that corporate philanthropy is exclusive to CSR because of their different characteristics. Design/methodology/approach This paper is based on a profound literature review and discusses the relationship of CSR and corporate philanthropy from a theoretical point of view. By conceptually combining the CSR pyramid and the triple bottom line approach, the authors show that corporate philanthropy has a special role outside of the classical CSR concept. Findings Four fundaments of corporate philanthropy – economic, motivational, creative and moral – are described that illustrate the importance and outstanding role of corporate philanthropy for today’s businesses. Based on these, the authors formulate three new forms of corporate giving, volunteering and foundations, which the authors subsume under the novel notion of “exclusive corporate philanthropy”. Research limitations/implications The main contribution of this paper for future research is to regard corporate philanthropy as exclusive to CSR. Future studies might, therefore, consider the different characteristics of corporate philanthropy and engage in an empirical investigation of this new type. Practical implications The model of exclusive corporate philanthropy presented in this paper provides practitioners with a better understanding of how corporate philanthropy can be rolled out today. Originality/value This paper offers a new perspective on the relationship of CSR and corporate philanthropy. Based on the economic, motivational, creative and moral characteristics of corporate philanthropy, the authors establish a clear distinction between the two concepts.
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Boulet, John. "Japanese Corporate Philanthropy." Nonprofit and Voluntary Sector Quarterly 22, no. 2 (June 1993): 189–91. http://dx.doi.org/10.1177/089976409302200208.
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Arco-Castro, María Lourdes, María Victoria Lopez-Pérez, Sara Rodriguez-Gomez, and Raquel Garde-Sánchez. "Do Stakeholders Modulate Philanthropic Strategy? Corporate Philanthropy as Stakeholders’ Engagement." Sustainability 12, no. 18 (September 4, 2020): 7242. http://dx.doi.org/10.3390/su12187242.
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Corporate philanthropy, as an expression of commitment to the common good, can contribute to the creation of social value in companies. This corporate philanthropy can be managed in various ways. The choice of how to channel corporate philanthropy could be, in accordance with stakeholder theory, the result of companies’ interactions with key stakeholders and, in accordance with the theory of signaling, a signal that companies use to respond to their demands. This approach contributes to the literature on bottom-up initiatives (stakeholder–managers) as opposed to top-down strategies (board–stakeholders) in relation to corporate social responsibility, which is becoming increasingly important in a society where networks of communication, cooperation and interaction are established. To this end, a study was conducted on 221 European companies indexed in the Dow Jones Sustainability Indices in the year 2018. The findings have several practical implications: The management of corporate philanthropy should take into account the stakeholders’ requirements, and stakeholders show greater affinity and trust with the company when philanthropy is channeled through foundations. By contrast, donations are not associated with stakeholder attitudes. As a theoretical implication, this paper supports the theories of stakeholders and signaling by explaining the role of philanthropy in the relationship with stakeholders.
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Valor, Carmen, and Grzegorz Zasuwa. "Quality reporting of corporate philanthropy." Corporate Communications: An International Journal 22, no. 4 (October 2, 2017): 486–506. http://dx.doi.org/10.1108/ccij-07-2016-0051.
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Purpose The purpose of this paper is twofold: first, to outline a framework for corporate philanthropy (CP) reporting that could help differentiate between symbolic and substantive reporting; and second, to test whether the reporting practices of large corporate donors are symbolic or substantive. Design/methodology/approach First, to construct a framework for CP reporting, the authors draw from research on corporate social responsibility communication, CP and reputational capital-building. Second, the philanthropy disclosures found in non-financial reports of the largest donors from the list of Fortune 100 corporations were examined using content analysis. Findings The theoretical framework identifies key ingredients of disclosure quality such as goals, causes, support, partners and impacts. The empirical findings show that disclosures regarding CP are more symbolic than meaningful. The largest donors provide descriptive information regarding the CP plan that primarily focuses on projects and causes. However, they fail to provide an explicit account of their decisions and the results of their philanthropic activities. Research limitations/implications The framework could also be applied with small changes to other communication outlets including social media and corporate websites. Originality/value This paper addresses an important gap in non-financial reporting research: the lack of a CP accounting model. To the authors’ knowledge, the framework developed in this paper represents the first conceptualization of the quality of CP disclosure that may enable scholars to differentiate symbolic from substantive CP and in this way advances the debate on CP communication. This framework can also help companies sincerely engaged in philanthropy to benefit from these activities.
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Feng, Li, Rong Zhang, and Dennis McCornac. "An analysis of restrictive mechanisms on director behavior regarding corporate philanthropy in China." International Journal of Law and Management 58, no. 3 (May 9, 2016): 246–57. http://dx.doi.org/10.1108/ijlma-05-2015-0026.
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Purpose Currently, in China, the governance structure of modern companies gives directors great powers to pursue profits. However, little attention is paid to the undertaking of corporate philanthropic activities. Therefore, rules on directors’ behavior in terms of corporate philanthropy are urgently needed to resolve the conflict between philanthropy and profits. This paper aims to discuss the main purpose of corporate philanthropy behavior in China, namely, the promotion of the company, and to analyze the theoretical mechanism for placing restrictions on directors’ behavior. The concepts and details of directors’ duty of loyalty and duty of diligence are also discussed. Design/methodology/approach The paper addresses the theoretical framework for the restriction of director behavior in corporate philanthropy in China, explains the legal dilemma for the current situation and analyzes the problems associated with the determination of board directors’ behavior. Findings It is concluded that board members should give priority to their duty of loyalty and comply with their faithful obligations in corporate philanthropy. They should also fulfill their diligence obligations and not cause inconvenience and trouble for the company. Research limitations/implications Corporate philanthropy is well known as a beneficial activity to both the company and society. It not only helps to establish a good image of the company, which is in line with the interests of the shareholders and creditors, but also contributes to the development of social welfare. It is a topic worthy of deep discussion. Practical implications It is still very difficult to establish non-profit organizations because of stringent conditions on registration, organization and funding in China. Therefore, there are a limited number of independent non-governmental charitable organizations in China. Most charitable organizations have charitable expertise and government ties. Corporate philanthropy is a problem closely related to governmental administration and legal system renovation. Social implications Recently, a young girl related to the Red Cross Society of China was found guilty and arrested. This scandal has made people lose their confidence in philanthropy and has caused another round of intense discussion online. Corporate philanthropy is the focus of criticism because individuals with power gain benefits by taking advantage of their position. It is a very challenging issue for the Chinese society as to how to restore the reputation of philanthropy. Originality/value This paper points out the weakness in the current legal system as a restrictive mechanism to supervise the board directors’ behaviors in China. It analyzes the corporate philanthropy issue from the national level and highlights the significance of supervising governmental administration and corporate management through the improvement of the legal system.
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Mati, Jacob Mwathi. "Philanthropy in Contemporary Africa: A Review." Voluntaristics Review 1, no. 6 (January 13, 2017): 1–100. http://dx.doi.org/10.1163/24054933-12340014.
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Despite the availability of a wide range of literature on what can be construed as philanthropic behavior in Africa, there is limited conceptual discussion on what constitutes philanthropy in African context(s). Yet, philanthropic behavior is a culturally rooted phenomenon manifesting in diverse forms, expressions, and models. This review contributes to a growing body of literature on conceptions and manifestations of African philanthropy. The review illustrates a complex plurality of actions that fall under cultures and practices of giving in Africa. These include the giving of money, time, knowledge, influence, and visibility in support of a cause, valuable goods, and body parts/organs from the living and the dead. While some of these actions conform to dominant Western notions of philanthropy, others do not. From an analysis of these practices, this paper proposes that African philanthropy can be conceptually structured on the basis of spheres of philanthropic practice, and the underlying bases and motivations for philanthropy. On spheres of philanthropic practice, at least three forms of philanthropy exist: institutional (formal); non-institutional (non-formal/informal/direct); and a hybrid form that blends practices from the formal and informal spheres. On motivations for giving, the predominant forms are based on mutuality, solidarity, and counter-obligation inherent in collectivist and humanistic African philosophies of life. Further, motivations are drawn from religious obligations, institutional requirements on corporate bodies, and institutional arrangements in the development process. There are, nonetheless, significant overlaps between spheres of practice and motivations in contemporary philanthropic practices in Africa. For instance, philanthropic culture in Africa manifests as religious giving, donations to individuals or institutions, mutual aid, reciprocity, self-help revolving fund organizations, corporate social responsibility activities, and individual/family donations to public benefit organizations. These practices highlight a rich tapestry of spheres of practice and motivations for giving, where the wealthy and the poor are equally involved. The review concentrates (by choice) on the giving of money and time (volunteering, especially informal volunteering) due to a dearth of academic literature on other forms of giving as philanthropy in Africa.
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Su, Weichieh, and Steve Sauerwald. "Does Corporate Philanthropy Increase Firm Value? The Moderating Role of Corporate Governance." Business & Society 57, no. 4 (November 5, 2015): 599–635. http://dx.doi.org/10.1177/0007650315613961.
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The link between corporate philanthropy and firm value has been controversial. On one hand, corporate philanthropy is often criticized as an agency cost because it may serve narrow managerial self-interests. On the other hand, corporate philanthropy may enhance firm value because it improves the relationships between firms and their stakeholders. In this study, we argue that this controversy is contingent upon whether corporate governance mechanisms can stimulate the financial benefit of corporate philanthropy. Based on a sample of U.S. firms from 1996 to 2003, we find that CEO long-term pay positively moderates the relationship between corporate philanthropy and firm value while multiboard outside directors negatively moderate this relationship. Contrary to our expectations, we find that the relationship between corporate philanthropy and firm value enhances as CEO tenure increases. Our findings show that corporate governance plays an important moderating role in the relationship between corporate philanthropy and firm value.
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Marshall, Neill, Stuart Dawley, Andy Pike, and Jane Pollard. "Geographies of corporate philanthropy: The Northern Rock Foundation." Environment and Planning A: Economy and Space 50, no. 2 (December 14, 2017): 266–87. http://dx.doi.org/10.1177/0308518x17746405.
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The paper contributes to literature on the geographies of corporate philanthropy through a case study of the origins, growth and decline of the Northern Rock bank's charitable foundation. Analysis reveals the complex, geographically-embedded nature of philanthropic motivations and impacts. It demonstrates that investment in home and community by philanthropists was part of a regionally-inscribed business-model of excessive risk taking that brought them considerable personal financial rewards. It highlights tensions and conflicts between corporate philanthropists and professional grant-makers over the scale and regional focus of giving. The paper concludes that the positive outcomes of corporate philanthropy are difficult to sustain in disadvantaged regions where shifts in corporate strategy and fragilities in the local economy undermine charitable giving.
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Abebe, Michael, and Wonsuk Cha. "The effect of firm strategic orientation on corporate philanthropic engagement." Management Decision 56, no. 3 (March 12, 2018): 515–33. http://dx.doi.org/10.1108/md-09-2016-0625.
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Purpose This study explores corporate strategic orientations as important drivers of firms’ philanthropic engagement. Specifically, the purpose of this paper is to empirically examine the relationship between two broad corporate strategic orientations – domain offense (DO) and domain abandonment (DA) strategies – and the level of philanthropic engagement. Design/methodology/approach The authors propose that firms pursuing aggressive DO strategies are more likely to invest in corporate philanthropy as part of their market expansion efforts. On the contrary, firms pursuing DA strategies are less likely to invest in corporate philanthropy because of decreased slack resources, rather conservative external stakeholder expectations as well as a firm’s conscious decision to disengage with external stakeholders. Hierarchical multiple regression analysis was conducted using data from 122 publicly traded US corporations from 2008 to 2013. Findings The findings provided empirical support for a significant positive relationship between DO strategies (acquisition and strategic alliance intensity) and firms’ philanthropic engagement. However, the relationship between DA strategies (divestiture and plant/facility closing) and firms’ philanthropic engagement was not found to be significant. Overall, the findings indicated that philanthropic engagements along with carefully crafted DO strategies help firms expand their market presence. Practical implications Organizational leaders that systematically target philanthropic causes that effectively converge with important corporate strategies do benefit in the long run by achieving better brand equity and overall enhanced corporate reputation. Originality/value By empirically investigating the relationship between corporate strategic orientations and philanthropic engagement, this study contributes to the on-going scholarly discussion on the link between corporate strategies and philanthropic engagements.
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Lee, Hen Ping, and Sherry J. Holladay. "Promoting Corporate Philanthropic Efforts through Social Media." HERMES - Journal of Language and Communication in Business 25, no. 49 (November 1, 2017): 35. http://dx.doi.org/10.7146/hjlcb.v25i49.97736.
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Corporations face the challenge of creating awareness of corporate social responsibility (CSR) efforts while avoiding the appearance of being overly self-congratulatory or self-serving. The low cost and less obtrusive format of social media may make it a useful communication option for creating awareness of philanthropic activities. Content analysis was used to examine how three types of social media (Facebook, Twitter, and YouTube) were used to provide information on corporate philanthropic activities. Forty corporations from the Fortune 100 were sampled to address three research questions. The first two research questions pertained to the availability of social media tools and the specific locations of access to those tools. Results revealed 82.5% of the 40 corporations provided links to at least one social media platform and 22 provided at least one type of link to at least one type of philanthropic activity. The third research question examined how social media platforms were used to report the eight types of philanthropy identified by Kotler and Lee (2005). In all, 140 philanthropic activities were reported. The most frequently reported types of philanthropic activity included donating cash (n = 72, 51.40%), donating products (n = 27, 19.30%), donating services (n = 15, 10.71%), offering grants (n = 13, 9.29%), and awarding scholarships (n = 5, 5.71%). Other types of philanthropy were infrequent. Results suggest these social media platforms offer a viable option for brief reports of philanthropic activities.
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Han, Dongping, and Caicai Guo. "Corporate Philanthropy and Corporate Value—From the Reputation Perspective." Journal of Computational and Theoretical Nanoscience 14, no. 1 (January 1, 2017): 131–36. http://dx.doi.org/10.1166/jctn.2017.6138.
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Corporate philanthropy has become an important strategy to some extent. This paper uses theoretical and empirical method to explore the impact of reputation on the relationship between corporate philanthropy and corporate value. We find that if the investors have already got the information about corporate charity, the external investors are likely to choose to invest in companies under specific conditions. Through the theoretical analysis, we find that the reputation has positive effect on the corporate value. We use the A-share listed private companies from 2009 to 2014 as the sample to explore the relationship between corporate philanthropy and corporate value in this empirical study. This paper has got some results: first, corporate philanthropy can increase the reputation of enterprises in the capital market. Second, the reputation of the company in the capital market can increase the corporate value. Third, corporate philanthropy can not increase the reputation of company in the business credit market.
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Persuit, Jeanne M. "The potential for paracrisis in corporate philanthropy and social media." International Journal of Organization Theory & Behavior 20, no. 1 (March 1, 2017): 51–71. http://dx.doi.org/10.1108/ijotb-20-01-2017-b002.
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Corporate philanthropy in the U.S. has emerged since the mid-19th century. This essay takes a historical and interpretive perspective on its practice. The author categorizes corporate philanthropy into four ethical models to examine each modelʼs communicative priorities and ethical concerns. These communicative priorities and ethical concerns become more complex as corporate philanthropic entities utilize social media. To this end, the potential for what Coombs and Holladay (2012) called a “paracrisis” emerges. This essay examines the potential for community partners to be affected by a corporationʼs presence on social media (and vice versa) through the interpretive lens of the paracrisis. The paper concludes with recommendations for future research.
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Navickas, Valentinas, and Rima Kontautienė. "INFLUENCE OF CORPORATE PHILANTHROPY ON ECONOMIC PERFORMANCE / ĮMONIŲ FILANTROPIJOS POVEIKIS JŲ EKONOMINĖS VEIKLOS REZULTATAMS." Business: Theory and Practice 12, no. 1 (March 10, 2011): 15–23. http://dx.doi.org/10.3846/btp.2011.02.
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The authors examine the impact of corporate philanthropic activities on their economic performance. Corporate philanthropy is defined as a component of corporate social responsibility which opens new opportunities for business relationship with stakeholders and is contributing to promotion of corporate social involvement and to diffusion of the social responsibility principles implementation. With an emphasis on the positive impact of philanthropic activities on corporate economic performance, the benefits of corporate philanthropic activities to future revenue growth, characterized by improvement in corporate image, reputation development, business growth and customer loyalty are considered, as well as other economic benefits such as improved recruitment, the growth of innovation, value of share growth, sales growth, the increase in employee morale and productivity, the rise of customer curiosity to know companies which carry out philanthropic actions. This paper reviews the corporate philanthropic activities in Lithuania in recent years and focuses on the relationship between philanthropic activities of corporation “TEO LT” and its financial performance improvements. Having examined the issue of the impact of corporate philanthropic activities on its economic performance, the authors found that corporate philanthropic activities have a positive impact not only on corporate financial indicators related to future revenue growth, but also on other economic indicators, as well as on the relationship with all stakeholders.
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Daromes, Fransiskus Eduardus, and Stevi Revigi Gunawan. "Joint impact of Philanthropy and Corporate Reputation on Firm Value." Jurnal Dinamika Akuntansi 12, no. 1 (March 3, 2020): 1–13. http://dx.doi.org/10.15294/jda.v12i1.21747.
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This study investigates the effect of philanthropy on firm value with company reputation as a moderating variable. The population used in this study are all non-financial companies listed on the Indonesian Stock Exchange during (IDX) 2015 - 2017. Total samples are 38 companies for the 3 years selected by purposive sampling. This study uses secondary data, i.e. annual report, financial report, and sustainability report collected from IDX database and each company’s official website. The results of the analysis show that the effect of philanthropy on firm valuehas a non-significant effect. The findings also indicate that corporate reputation is able to moderate the influence of philanthropy on firm value. This finding implies that the role of corporate reputation is very important for the survival of the company. The good relationship between the company and their stakeholders, especially the community through philanthropic activities will increase the firm value and corporate reputation.
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Liverant, Bettina. "The Incorporation of Philanthropy: Negotiating Tensions Between Capitalism and Altruism in Twentieth Century Canada." Journal of the Canadian Historical Association 20, no. 1 (May 25, 2010): 191–220. http://dx.doi.org/10.7202/039787ar.
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Abstract Exploring the intersection points of institutionalized philanthropy and the Canadian corporation in periods of rising capital concentration, this paper demonstrates how changes in business approaches to charitable donation mirror larger transformations in corporate capitalism and organization, and the subsequent migration of these structures and mentalities to the charitable sector. In the first phase, at the turn of the last century, philanthropic practices came to be structured along corporate/professional models, with a new insistence that charities be well managed, fiscally responsible, and scientific in approach. In the postwar period, the expansion of corporate power was accompanied by the incorporation of philanthropic norms within capitalism. During this period, the logic of investment intensified and became increasingly explicit. Programs of donations were developed strategically for their potential to benefit business as well as the community. Corporate philanthropy evolved from a discretionary to an expected practice, offering visible testimony of business commitment to social responsibility.
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Chen, Shouming, Zhiguo Liao, and Xiaoping Zhao. "Corporate Philanthropy and Corporate Financial Performance." Academy of Management Proceedings 2013, no. 1 (January 2013): 12768. http://dx.doi.org/10.5465/ambpp.2013.12768abstract.
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Peterson, Dane K. "Enhancing corporate reputation through corporate philanthropy." Journal of Strategy and Management 11, no. 1 (February 19, 2018): 18–32. http://dx.doi.org/10.1108/jsma-10-2016-0068.
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Purpose The purpose of this paper is to examine factors affecting the relationship between annual changes in the amount of corporate foundation giving and changes in corporate reputation. The factors investigated included the existing corporate reputation and the economic conditions. Design/methodology/approach Published data were obtained for 77 US corporations during both an upward and downward economic trend. Data for corporate foundation giving were obtained from IRS tax records while data on corporate reputation were obtained from the Reputation Institute’s RepTrak scores. Findings Linear mixed model analyses demonstrated that a firm’s prior reputation moderates the relationship between corporate philanthropy and changes in corporate reputation during a downward trend. That is, changes in corporate charitable giving and corporate reputation covaried positively for firms with an existing favorable reputation. However, for firms with an unfavorable reputation, there was an inverse relationship between changes in corporate giving and corporate reputation. The interaction between the variables was prevalent only during an economic downturn. Practical implications The findings provide firms with relevant information on conditions that affect how changes in charitable giving are likely to impact corporate reputation. Originality/value This study is the first to look at the effects of annual changes in corporate charitable giving on corporate reputation and adds to the research literature by demonstrating the complexity of the relationship by identifying two key factors that should be taken into considerations when developing annual budgets for charitable giving.
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Janbout, Linart. "The nexus between corporate philanthropy and customer citizenship behavior: The role of corporate reputation and customer socialization." Journal of Sustainable Marketing 1, no. 1 (November 23, 2020): 22–33. http://dx.doi.org/10.51300/josm-2020-12.
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Corporate philanthropy is one of the most debated topics among scholars for socially responsible firms. This study examines the impact of corporate philanthropy on customer citizenship behavior. Furthermore, this study aims to investigate the mediation effect of corporate reputation as well as the moderation effect of customer socialization on the relationship between corporate philanthropy and customer citizenship behavior. The population of this study consists of 393 students from one university in North Cyprus. Using the regression analysis method, the findings of this study revealed that corporate philanthropy positively affects customer citizenship behavior and such a relationship is partially mediated by corporate reputation. The result of the interaction effect reported for a positive significant effect of customer socialization on the relationship between corporate philanthropy and customer citizenship behavior. The research contributes to the literature by providing empirical findings on the relationship between corporate philanthropy and customer citizenship behavior as well as examining the underline mechanisms of how and under what conditions corporate philanthropy enhances customer citizenship behavior.
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Li, Weiwen, Kevin Yuk-fai Au, Ai He, and Lihong Song. "Why Do Family-controlled Firms Donate to Charity? The Role of Intrafamily Succession Intention, Social Status, and Religiosity." Management and Organization Review 11, no. 4 (July 20, 2015): 621–44. http://dx.doi.org/10.1017/mor.2015.10.
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ABSTRACTDrawing on expectancy theory and the socioemotional wealth (SEW) perspective, we propose that family owners with intrafamily succession intention are more motivated to accumulate or preserve SEW. As corporate philanthropy is a critical way for family-controlled firms to accumulate or maintain SEW, family owners with intrafamily succession intention are more likely to engage in corporate philanthropic activities. Data on a nationally representative sample of family-controlled firms in China support our prediction. We also find that the relationship between intrafamily succession intention and corporate philanthropy is moderated by family owners’ social status and religiosity. The findings contribute to our understanding about family businesses, in general, and those in China, in particular, as well as the SEW perspective.
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Nguyen, Luu Thi, Shouming Chen, and Ho Kwong Kwan. "CEO Temporal Focus and Corporate Philanthropy: The Moderating Role of Ownership." SAGE Open 11, no. 1 (January 2021): 215824402110041. http://dx.doi.org/10.1177/21582440211004126.
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This study examines the association between CEO temporal focus and corporate engagement in philanthropy, and considers the moderating role of ownership. This association is investigated based on upper echelons theory and the conceptual framework of temporal focus. Using a sample of 2,285 observations of Chinese listed firms from 2010 to 2015, our results show that the relationship between CEO past focus and corporate philanthropy is positive in state-owned firms but negative in private firms. In addition, CEO future focus is negatively associated with charitable activities in state-owned firms, but positively associated with such activities in private companies. For present-oriented CEOs, the relationship between temporal focus and philanthropy is negative in both public and private firms, but the negative effect is stronger in private firms. The findings of this study show how CEOs’ time perspectives shape their decisions on company engagement in philanthropic projects.
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Saiia, David H. "Philanthropy and Corporate Citizenship." Journal of Corporate Citizenship 2001, no. 2 (June 1, 2001): 57–74. http://dx.doi.org/10.9774/gleaf.4700.2001.su.00009.
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Wu, Wuqing, Fei Peng, Yuan George Shan, and Xiaoxiao Jie. "Signaling through corporate philanthropy." Pacific-Basin Finance Journal 62 (September 2020): 101389. http://dx.doi.org/10.1016/j.pacfin.2020.101389.
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Hsieh, Yaolung James, and Bing-Wuey Young. "Motives of Corporate Philanthropy." Proceedings of the International Association for Business and Society 7 (1996): 501–12. http://dx.doi.org/10.5840/iabsproc1996747.
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Davis, Maribelle. "Corporate Philanthropy and Libraries:." Public Library Quarterly 6, no. 2 (September 13, 1985): 15–26. http://dx.doi.org/10.1300/j118v06n02_03.
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Bartkus, Barbara R., Sara A. Morris, and Bruce Seifert. "Governance and Corporate Philanthropy." Business & Society 41, no. 3 (September 2002): 319–44. http://dx.doi.org/10.1177/000765030204100304.
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Zhang, Lin, Shenjiang Mo, Honghui Chen, and Jintao Wu. "Can corporate philanthropy be driven from the bottom to the top? Evidence from China." Sustainability Accounting, Management and Policy Journal 11, no. 5 (August 8, 2019): 841–61. http://dx.doi.org/10.1108/sampj-08-2018-0206.
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Purpose This paper aims to demonstrate that corporate philanthropy can be driven from the bottom to the top. In particular, the authors investigate whether employees’ donations influence corporate philanthropy and under what conditions this effect occurs. Design/methodology/approach The sample consists of Chinese listed firms that disclosed the amount employees donated in response to the Sichuan earthquake in 2008. The Heckman two-stage selection model is applied to examine the effect of employees’ donations on corporate philanthropy and the conditions under which this effect occurs. Findings The results show that employees’ donations are positively associated with corporate philanthropy. Furthermore, a higher percentage of females in top management teams can significantly strengthen the effect of employees’ donations on corporate philanthropy. When the average age of the top management team members is high, the influence of employees’ donations on corporate philanthropy is stronger. Practical implications This is an empirical study that helps to predict corporate philanthropy. Another practical implication is that employees should be recognized as an important element of corporate social responsibility. Social implications The results encourage employees to become drivers of corporate social responsibility. Originality/value This study contributes to the corporate social responsibility literature by demonstrating that corporate philanthropy can be driven from the bottom to the top. Moreover, this study integrates signaling theory into the study of corporate social responsibility. Finally, this study identifies two important contingent factors that strengthen the effect of employees on top managers’ decisions about corporate social responsibility.
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Cha, Wonsuk, and Dongjun Rew. "Cannot give you because of living on the top of a castle: CEOs, corporate philanthropy and firm age." Society and Business Review 16, no. 3 (February 1, 2021): 336–56. http://dx.doi.org/10.1108/sbr-05-2020-0074.
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Purpose This study aims to investigate the role of firm age in the relationship between CEO characteristics (measured by founder status and civic engagement) and the level of corporate philanthropy which is one of the important components of corporate social responsibility (CSR) practices (Carroll, 1991). Design/methodology/approach Drawing from upper echelons theory, this study argues that firm age functions as a barrier that limits the relationship between CEO characteristics and the level of corporate philanthropy. Moderated regression analysis (MRA) was used to analyze data from 146 publicly traded US firms between 2010 and 2017. Findings This study verified that there is a significantly positive relationship between CEO civic engagement and the level of corporate philanthropy although the relationship between CEO founder status and the level of corporate philanthropy was not found to be significant. Specifically, the relationship between CEO characteristics and the level of corporate philanthropy was weaker as firms get older. Overall, the results indicate that the organizational inertia of older firms can restrict the effect of CEO characteristics on corporate philanthropy. Research limitations/implications This study provides new insight into the underlying mechanisms between CEOs and firm age. This study also suggests that CEOs interpret corporate philanthropy as an important part of their civic engagement which broadly supports business legitimacy for their firm. Practical implications This study provides lessons for executive selection and succession decisions toward CSR strategies. Specifically, this study provides a practical foundation of how executives’ civic engagement can be related to corporate philanthropy as an important dimension of CSR practices. Furthermore, this study suggests that shareholders pay more attention to the ultimate decision-maker, the CEO, in an organization as his or her background characteristics can reflect a firm’s social responsibility initiatives, including corporate philanthropy. Originality/value This study contributes to on-going scholarly work in the field of strategic leadership and corporate philanthropy literature. In addition, this study provides empirical evidence to the nature of scholarly conversations regarding the role of firm age in shaping the relationship between CEO characteristics and corporate philanthropy.
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Gilinsky Jr, Armand, Sharon Lee Forbes, and Rosana Fuentes-Fernández. "An exploratory study of wine business philanthropy in the USA." International Journal of Wine Business Research 30, no. 2 (June 18, 2018): 201–17. http://dx.doi.org/10.1108/ijwbr-01-2017-0006.
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Purpose The purpose of this paper is to investigate philanthropic practices in the US wine industry, as prior research on charitable giving by wine industry participants is limited. Earlier studies on corporate philanthropy are inconclusive about the direction and the degree of community philanthropy on organizational effectiveness. There are also notable research gaps, including the lack of research into philanthropy in small businesses and the dominance of US studies. Design/methodology/approach This paper reviews the literature on corporate social responsibility and philanthropy, presents a series of propositions and a theoretical model, sets forth a research schema to investigate to what extent philanthropic activities are motivated by altruistic as well as strategic considerations across the global wine industry and reports preliminary findings from a sample of 100 US wine producers. Findings In brief, 99 per cent of the wine businesses surveyed significantly engaged in altruistic behavior in their local communities, primarily helped local charities, donated at the median 150 cases each year, and those activities represented about 1 per cent of pre-tax profits, comparable to or above giving by other participants in other industries. Research limitations/implications As survey data were self-reported, empirical proof has yet to be obtained to support or refute the findings of this investigation. Comparisons to philanthropic practices in other wine regions of the world are not yet completed. Practical implications Wine producers pursue community stewardship and maintain good corporate citizenship to create direct benefits apart from economic growth or jobs, but future research is needed to ascertain whether motivations are primarily altruistic or strategic. Social implications Communities embrace the presence of wine businesses to foster job creation and economic activity, but remain uncertain about the other community benefits. Originality/value This exploratory paper fills a major gap in understanding with respect to examining motives for giving and expected outcomes by wine industry participants.
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Yan, Youliang, and Xixiong Xu. "To be more philanthropic when joining the government-controlled business association? Evidence from Chinese private firms." Chinese Management Studies 15, no. 2 (January 25, 2021): 456–82. http://dx.doi.org/10.1108/cms-06-2020-0237.
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Purpose The purpose of this paper is to investigate whether and how affiliation with the government-controlled business association, namely, China Federation of Industry and Commerce (CFIC), affects corporate philanthropy in an emerging market. Design/methodology/approach Through an analysis of survey data gathered from Chinese private firms, this paper conducts multiple regressions to examine the impact of the CFIC membership on corporate philanthropy. Findings Empirical results show that the CFIC membership of private entrepreneurs is significantly positively associated with corporate philanthropy. Moreover, this study finds that the provincial marketization level and the firm Communist Party branch attenuate the positive association between CFIC membership and corporate philanthropy, indicating that the effect of CFIC on corporate philanthropy is more pronounced in regions with lower marketization level and firms without Communist Party branch. The findings are robust to various alternate measures of corporate philanthropy and remain valid after controlling for potential endogeneity. Practical implications Firms will be more active in corporate philanthropy to respond to the government’s governance appeal when they join the CFIC. This highlights the implications of political connections and in particular on the value of government-controlled business associations in the Chinese business world. Originality/value This study extends the literature on the determinants of corporate philanthropy and deepens the theoretical understanding of the governance role of business association with Chinese characteristics.