The Drivers of Corporate Philanthropic Catastrophe Response : The Community-Event-Firm Triad
I investigate the factors explaining the variance of firms helping communities in the aftermath of natural catastrophes with a theoretical model comprising firm-, community-, and event-specific factors. In this model, corporate decision makers follow a mix of social preferences and strategic considerations. I use unique data of corporate donations to the relief fund of natural catastrophes that affected different countries in the period of 2002-2012 and a panel of 2011 multinational enterprises from 61 countries. The preliminary results show that firm's visibility and economic connection with the affected community, and the relative development of the community exert a nontrivial influence in the magnitude and frequency of corporate donation. Additionally, I find that the salience of the event is significantly more influential in the corporate decision than the associated human loss
Year of publication: |
2019
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Authors: | Ballesteros, Luis |
Publisher: |
[2019]: [S.l.] : SSRN |
Subject: | Corporate Social Responsibility | Corporate social responsibility | Wohltätigkeit | Charity | Unternehmensethik | Business ethics | Japan | Katastrophe | Disaster |
Saved in:
freely available
Extent: | 1 Online-Ressource (31 p) |
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Series: | The Wharton School Research Paper ; No. 83 |
Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 1, 2015 erstellt |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012904243