David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Journal of Business Ethics 17 (14):1595-1603 (1998)
While it is widely assumed that greater diversity in corporate governance will enhance a firms corporate social performance, this study considers an alternative thesis which relates managerial control to corporate philanthropy. The study empirically evaluates both board diversity and managerial control of the board as possible predictors of corporate philanthropy. The demonstration of a positive relationship between managerial control and corporate philanthropy contributes to our understanding that corporate social performance results from a complex set of economic and social motives. Possible future research and managerial implications are discussed.
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Citations of this work BETA
Johanna Kujala, Anna-Maija Lämsä & Katriina Penttilä (2011). Managers' Moral Decision-Making Patterns Over Time: A Multidimensional Approach. [REVIEW] Journal of Business Ethics 100 (2):191 - 207.
Ran Zhang, Zabihollah Rezaee & Jigao Zhu (2010). Corporate Philanthropic Disaster Response and Ownership Type: Evidence From Chinese Firms' Response to the Sichuan Earthquake. [REVIEW] Journal of Business Ethics 91 (1):51 - 63.
Morten Huse, Sabina Tacheva Nielsen & Inger Marie Hagen (2009). Women and Employee-Elected Board Members, and Their Contributions to Board Control Tasks. Journal of Business Ethics 89 (4):581 - 597.
Ran Zhang, Jigao Zhu, Heng Yue & Chunyan Zhu (2010). Corporate Philanthropic Giving, Advertising Intensity, and Industry Competition Level. Journal of Business Ethics 94 (1):39 - 52.
Taïeb Hafsi & Gokhan Turgut (2013). Boardroom Diversity and its Effect on Social Performance: Conceptualization and Empirical Evidence. [REVIEW] Journal of Business Ethics 112 (3):463-479.
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