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The Impact of Public Scrutiny on Corporate Philanthropy
Journal of Business Ethics 69 (3):217-236 (2006)
Abstract
This paper proposes that a corporation’s vulnerability to public scrutiny drives its corporate giving. The hypothesis that companies donate for strategic motives is tested against the alternative that they do so for altruistic reasons. Court cases and news articles were selected as proxies for public scrutiny. Macroeconomic variables were used to gauge the level of public charitable need and test for altruism. Through examining the philanthropic behavior of 40 Fortune 500 companies over 7 years, this paper finds that companies are strategic and altruistic in their giving.My notes
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Citations of this work
Research on Corporate Philanthropy: A Review and Assessment.Arthur Gautier & Anne-Claire Pache - 2015 - Journal of Business Ethics 126 (3):343-369.
Battling the Devolution in the Research on Corporate Philanthropy.Kellie Liket & Ana Simaens - 2015 - Journal of Business Ethics 126 (2):1-24.
Business Groups and Tunneling: Evidence from Corporate Charitable Contributions by Korean Companies.Byungki Kim, Jinhan Pae & Choong-Yuel Yoo - 2019 - Journal of Business Ethics 154 (3):643-666.
Beyond the Game: Perceptions and Practices of Corporate Social Responsibility in the Professional Sport Industry.Hela Sheth & Kathy M. Babiak - 2010 - Journal of Business Ethics 91 (3):433-450.
What do we know about corporate philanthropy? A review and research directions.Wonsuk Cha & Ujvala Rajadhyaksha - 2021 - Business Ethics, the Environment and Responsibility 30 (3):262-286.
References found in this work
The Corporate Social Performance and Corporate Financial Performance Debate.John F. Mahon - 1997 - Business and Society 36 (1):5-31.
The Corporate Social Performance and Corporate Financial Performance Debate.Jennifer J. Griffin & John F. Mahon - 1997 - Business and Society 36 (1):5-31.
The Corporate Social Performance and Corporate Financial Performance Debate: 25 Years ofIncomparable ReseaarchJ.J. Griffin & Mahon John - 1997 - Business and Society 1:73-75.
Corporate Reputation and Philanthropy: An Empirical Analysis.Stephen Brammer & Andrew Millington - 2005 - Journal of Business Ethics 61 (1):29-44.
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.
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