Do Returnee Executives Value Corporate Philanthropy? Evidence from China

Journal of Business Ethics 179 (2):411-430 (2022)
  Copy   BIBTEX

Abstract

While past studies have enriched our understanding of the impact of returnee executives on firm market strategy and outcomes, we know relatively little about the relationship between returnee executives and firm nonmarket strategies. Grounded in upper echelons theory, this study explores the relationship between returnee executives and corporate philanthropy, the latter of which is an important nonmarket strategy in emerging economies such as China. Using data on publicly listed Chinese companies from 2010 to 2017, we find that the proportion of returnee executives is negative related to corporate philanthropy. We also find that this negative relationship is strengthened by executive ownership, but weakened by corporate prominence and political connections. Our study makes important theoretical contributions to strategic leadership research, upper echelons theory, and the literature of corporate philanthropy. The managerial implications are also discussed.

Links

PhilArchive



    Upload a copy of this work     Papers currently archived: 90,593

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Corporate Philanthropy Research.Ann K. Buchholtz & Jill A. Brown - 2006 - Proceedings of the International Association for Business and Society 17:70-71.
Corporate executives: Disasters and moral responsibility. [REVIEW]Robert Larmer - 1996 - Journal of Business Ethics 15 (7):785 - 788.

Analytics

Added to PP
2022-08-05

Downloads
5 (#1,344,154)

6 months
4 (#319,344)

Historical graph of downloads
How can I increase my downloads?

Author's Profile

Lin Zhang
Shanghai JiaoTong University

Citations of this work

No citations found.

Add more citations