Corporate philanthropic disaster response and ownership type: Evidence from chinese firms' response to the sichuan earthquake
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|
|Keywords||No keywords specified (fix it)|
|Through your library||Configure|
Similar books and articles
Runa Sarkar (2007). Policy Approaches to Induce Corporate Social Responsibility in Public and Private-Sector Firms in Developing Countries. International Corporate Responsibility Series 3:231-252.
Tina T. He, Wilson X. B. Li & Gordon Y. N. Tang (2012). Dividends Behavior in State- Versus Family-Controlled Firms: Evidence From Hong Kong. Journal of Business Ethics 110 (1):97-112.
Ran Zhang & Zabihollah Rezaee (2009). Do Credible Firms Perform Better in Emerging Markets? Evidence From China. Journal of Business Ethics 90 (2):221 - 237.
Amir Barnea & Amir Rubin (forthcoming). Corporate Social Responsibility as a Conflict Between Shareholders. Journal of Business Ethics.
Lorne N. Switzer & Catherine Kelly (2006). Corporate Governance Mechanisms and the Performance of Small-Cap Firms in Canada. International Journal of Business Governance and Ethics 2 (s 3-4):294-328.
Janet P. Near & Terry Morehead Dworkin (1998). Responses to Legislative Changes: Corporate Whistleblowing Policies. Journal of Business Ethics 17 (14):1551 - 1561.
Alan Muller & Gail Whiteman (2009). Exploring the Geography of Corporate Philanthropic Disaster Response: A Study of Fortune Global 500 Firms. Journal of Business Ethics 84 (4):589 - 603.
William Crampton & Dennis Patten (2008). Social Responsiveness, Profitability and Catastrophic Events: Evidence on the Corporate Philanthropic Response to 9/11. Journal of Business Ethics 81 (4):863 - 873.
Wenjing Li & Ran Zhang (forthcoming). Corporate Social Responsibility, Ownership Structure, and Political Interference: Evidence From China. Journal of Business Ethics.
Ran Zhang, Jigao Zhu, Heng Yue & Chunyan Zhu (2010). Corporate Philanthropic Giving, Advertising Intensity, and Industry Competition Level. Journal of Business Ethics 94 (1).
Added to index2009-04-20
Total downloads16 ( #75,663 of 556,837 )
Recent downloads (6 months)1 ( #64,847 of 556,837 )
How can I increase my downloads?