Corporate philanthropic disaster response and ownership type: Evidence from chinese firms' response to the sichuan earthquake [Book Review]
Journal of Business Ethics 91 (1):51 - 63 (2010)
Abstract |
This article examines whether the charitable giving amount and likelihood of firm response to catastrophic events relate to firms' ownership type using a unique dataset of listed firms in China, where state ownership is still prevalent. Based on the data of Chinese firms' response to the 2008 Sichuan earthquake, we find that the extent of corporate contributions for state-owned firms following this disaster is less than that for private firms. State-owned firms are also less likely to respond in this disaster compared to private firms. The results also reveal that firm size, profitability, geography, cash resource available, and leverage affect firms' philanthropic disaster response behavior in China
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Keywords | catastrophic events corporate philanthropy corporate social responsibility ownership type |
Categories | (categorize this paper) |
Reprint years | 2009, 2010 |
ISBN(s) | |
DOI | 10.1007/s10551-009-0067-3 |
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References found in this work BETA
Corporate Social Responsibility Evolution of a Definitional Construct.Archie B. Carroll - 1999 - Business and Society 38 (3):268-295.
Corporate Social Responsibility: A Three-Domain Approach.Mark S. Schwartz & Archie B. Carroll - 2003 - Business Ethics Quarterly 13 (4):503-530.
Philanthropy as Strategy When Corporate Charity “Begins at Home”.David H. Saiia, Archie B. Carroll & Ann K. Buchholtz - 2003 - Business and Society 42 (2):169-201.
Philanthropy as Strategy.A. Buchholtz, A. Carroll & D. Saiia - 2003 - Business and Society 42 (2):169-201.
Comparing Big Givers and Small Givers: Financial Correlates of Corporate Philanthropy. [REVIEW]Bruce Seifert, Sara A. Morris & Barbara R. Bartkus - 2003 - Journal of Business Ethics 45 (3):195 - 211.
View all 25 references / Add more references
Citations of this work BETA
Religion, the Nature of Ultimate Owner, and Corporate Philanthropic Giving: Evidence From China.Xingqiang Du, Wei Jian, Yingjie Du, Wentao Feng & Quan Zeng - 2014 - Journal of Business Ethics 123 (2):1-22.
Political Dependence, Social Scrutiny, and Corporate Philanthropy: Evidence From Disaster Relief.Yongqiang Gao & Taïeb Hafsi - 2017 - Business Ethics: A European Review 26 (2):189-203.
Political Connection, Ownership Structure, and Corporate Philanthropy in China: A Strategic-Political Perspective.Huiying Wu, Xianzhong Song & Sihai Li - 2015 - Journal of Business Ethics 129 (2):399-411.
Do Lenders Value Corporate Social Responsibility? Evidence From China.Kangtao Ye & Ran Zhang - 2011 - Journal of Business Ethics 104 (2):197-206.
Battling the Devolution in the Research on Corporate Philanthropy.Kellie Liket & Ana Simaens - 2015 - Journal of Business Ethics 126 (2):1-24.
View all 27 citations / Add more citations
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