CN EN
Advanced

Geographical influences on the relationship between corporate philanthropy and corporate financial performance

Indexed by

SSCI Scopus ABDC-A*

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 availability (as indicated by advertising intensity) across regions significantly moderate the corporate philanthropy?corporate financial performance relationship. The findings show that the value of corporate philanthropy varies by region and that stakeholder perception and information availability are two important mechanisms through which corporate philanthropy influences corporate financial performance.

Keyword

Author Community

[Lu, Jane] City Univ Hong Kong, Coll Business, Dept Management, Hong Kong, Peoples R China; China Europe Int Business Sch, Dept Strategy & Entrepreneurship, Shanghai, Peoples R China

[Liang, Xueji] Sun Yat Sen Univ, Business Sch, Guangzhou, Guangdong, Peoples R China

[Wang, Heli] Singapore Management Univ, Lee Kong Chian Sch Business, Dept Strategy & Org, Singapore, Singapore


Related Article

Source

Regional Studies

ISSN:0034-3404

Year:2019

Issue:Early Access

Page:1

ESI Discipline:SOCIAL SCIENCES, GENERAL;

Cited Count
W
Loading...
C
Loading...
Get Fulltext
Rights and Licenses
Related Keywords
Community
Access Stat
Creative Commons Licence
The content of CEIBS Research Online is licensed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY-NC-ND 4.0).