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 (2009)
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||catastrophic events corporate philanthropy corporate social responsibility ownership type|
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References found in this work BETA
Corporate Social Responsibility.Archie B. Carroll - 2003 - Business Ethics Quarterly 13 (4):503-530.
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.
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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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 - 2013 - Journal of Business Ethics 123 (2):1-22.
Do Lenders Value Corporate Social Responsibility? Evidence From China.Kangtao Ye & Ran Zhang - 2011 - Journal of Business Ethics 104 (2):197-206.
Critical Mass of Women on BODs, Multiple Identities, and Corporate Philanthropic Disaster Response: Evidence From Privately Owned Chinese Firms.Ming Jia & Zhe Zhang - 2013 - Journal of Business Ethics 118 (2):303-317.
Do Suppliers Applaud Corporate Social Performance?Min Zhang, Lijun Ma, Jun Su & Wen Zhang - 2014 - Journal of Business Ethics 121 (4):543-557.
Opening the Black Box of CSR Decision Making: A Policy-Capturing Study of Charitable Donation Decisions in China.Shuo Wang, Yuhui Gao, Gerard P. Hodgkinson, Denise M. Rousseau & Patrick C. Flood - 2015 - Journal of Business Ethics 128 (3):665-683.
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