Geographical influences on the relationship between corporate philanthropy and corporate financial performance
Abstract
Building on stakeholder theory, the paper argues that geographical differences in stakeholders’ reactions to corporate philanthropy lead to differences in the relationship between corporate philanthropy and corporate financial performance across regions. When comparing the United States and China and different regions within China, it is found that the differences in stakeholder perceptions (as reflected by sinful industry) and information...
Paper Details
Title
Geographical influences on the relationship between corporate philanthropy and corporate financial performance
Published Date
Oct 14, 2019
Journal
Volume
54
Issue
5
Pages
660 - 676
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