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Article
Publication date: 18 June 2018

Armand Gilinsky Jr, Sharon Lee Forbes and Rosana Fuentes-Fernández

The purpose of this paper is to investigate philanthropic practices in the US wine industry, as prior research on charitable giving by wine industry participants is limited…

Abstract

Purpose

The purpose of this paper is to investigate philanthropic practices in the US wine industry, as prior research on charitable giving by wine industry participants is limited. Earlier studies on corporate philanthropy are inconclusive about the direction and the degree of community philanthropy on organizational effectiveness. There are also notable research gaps, including the lack of research into philanthropy in small businesses and the dominance of US studies.

Design/methodology/approach

This paper reviews the literature on corporate social responsibility and philanthropy, presents a series of propositions and a theoretical model, sets forth a research schema to investigate to what extent philanthropic activities are motivated by altruistic as well as strategic considerations across the global wine industry and reports preliminary findings from a sample of 100 US wine producers.

Findings

In brief, 99 per cent of the wine businesses surveyed significantly engaged in altruistic behavior in their local communities, primarily helped local charities, donated at the median 150 cases each year, and those activities represented about 1 per cent of pre-tax profits, comparable to or above giving by other participants in other industries.

Research limitations/implications

As survey data were self-reported, empirical proof has yet to be obtained to support or refute the findings of this investigation. Comparisons to philanthropic practices in other wine regions of the world are not yet completed.

Practical implications

Wine producers pursue community stewardship and maintain good corporate citizenship to create direct benefits apart from economic growth or jobs, but future research is needed to ascertain whether motivations are primarily altruistic or strategic.

Social implications

Communities embrace the presence of wine businesses to foster job creation and economic activity, but remain uncertain about the other community benefits.

Originality/value

This exploratory paper fills a major gap in understanding with respect to examining motives for giving and expected outcomes by wine industry participants.

Details

International Journal of Wine Business Research, vol. 30 no. 2
Type: Research Article
ISSN: 1751-1062

Keywords

Article
Publication date: 11 November 2022

Husam Ananzeh, Malek Hamed Alshirah, Ahmad Farhan Alshira'h and Huthaifa Al-Hazaima

A key goal of this research is to examine empirically whether politically connected board members are likely to impact corporate philanthropy. A further goal of this study is to…

Abstract

Purpose

A key goal of this research is to examine empirically whether politically connected board members are likely to impact corporate philanthropy. A further goal of this study is to contribute to the existing literature by examining the moderating role of political connections on the relationship between family ownership and corporate donations.

Design/methodology/approach

Based on the content analysis approach, the authors determined the level of cash and in-kind donations made by a group of 94 non-financial Jordanian companies listed on the Amman Stock Exchange. This study examined 658 annual reports spanning over seven years from 2010 to 2016. Ordinary least squares regression (OLS) is used to test the study hypotheses. In addition, this study used the probit regression to validate those results reported by the OLS regression.

Findings

Compared to unconnected companies, politically connected companies in Jordan are more likely to donate to philanthropic causes. Moreover, the results revealed that the presence of significant family ownership shareholding in a firm can weaken the firm tendency to donate. Despite this, the regression analysis results indicate that family-controlled firms with political connections are more likely to engage in charitable giving activities compared to those without political nexuses.

Research limitations/implications

The study contributes to the conversation surrounding corporate giving and sheds light on the role political connections and ownership structure (particularly family-owned firms) play in affecting donations by firms.

Practical implications

Managers of Jordanian firms listed on the stock exchange can use the study's findings to make better decisions about their donations and other philanthropic activities.

Originality/value

This study is the first to examine the relationship between firm donations and political connections in Jordan, and how political nexuses can moderate the relationship between family ownership and corporate donations. Hence, it extends prior research significantly.

Details

Journal of Accounting in Emerging Economies, vol. 13 no. 5
Type: Research Article
ISSN: 2042-1168

Keywords

Book part
Publication date: 14 January 2019

Morgan R. Clevenger, Cynthia J. MacGregor and C.J. Ryan

This chapter highlights the roots of corporate philanthropy from Frishkoff and Kostecka's (1991) concern for community, Young and Burlingame's (1996) Paradigm Lost, Saiia's (2001…

Abstract

This chapter highlights the roots of corporate philanthropy from Frishkoff and Kostecka's (1991) concern for community, Young and Burlingame's (1996) Paradigm Lost, Saiia's (2001) strategic philanthropy, and Bruch and Walter's (2005) Four Types of Corporate Philanthropy.

Details

Business and Corporation Engagement with Higher Education
Type: Book
ISBN: 978-1-78754-656-1

Article
Publication date: 3 December 2020

Qiang Li, Jin-Xiu Sun, Chia-Huei Wu and Wei Liu

This paper aims to investigate the inverse U-shape relationship between DM and accessing loans from the banks and explore the moderating effect of donation mode diversity.

Abstract

Purpose

This paper aims to investigate the inverse U-shape relationship between DM and accessing loans from the banks and explore the moderating effect of donation mode diversity.

Design/methodology/approach

Based on a survey dataset of 1,036 private firms in China, we use a Heckman two-stage estimation model to test hypothesizes.

Findings

The results show an invert U-shape relationship between donation magnitude and access to bank loan. The authors also find that donation mode diversity will positively moderate donation magnitude–bank loan relationship: the positive effect of donation magnitude will be stronger for the private firms using multiple channels of philanthropic donation.

Originality/value

This paper extends the literatures by examining how philanthropic donation behaviors in form of donation magnitude (how much to give) and donation mode diversity (how to give) influence private firms’ loan borrowed from the bank, an important but largely ignored stakeholder. Therefore, it suggests that both the amount and the channels of philanthropic donation could have significant roles in the efficiency of achieving strategic outcomes of corporate philanthropy.

Details

Kybernetes, vol. 50 no. 9
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 20 October 2020

Daniel Wubah, Chris Steuer, Guilbert Brown and Karen Rice

This study aims to provide an example of how higher education institutions (HEIs) can use a successful campus infrastructure project to fund a student- and faculty-led…

Abstract

Purpose

This study aims to provide an example of how higher education institutions (HEIs) can use a successful campus infrastructure project to fund a student- and faculty-led, community-success platform that advances the sustainable development goals (SDGs).

Design/methodology/approach

The authors applied conceptual models for systems thinking and creating virtuous cycles to analyze Millersville University’s work to establish a community-impact, micro-grant fund using cost savings and utility rebates associated with a new campus zero-energy building. The analysis provides a case study that other HEIs can implement to create university and community virtuous cycles that advance the SDGs.

Findings

The case study suggests that as HEIs face increasing financial challenges, opportunities exist to capitalize on philanthropic giving and other funding sources to support community prosperity and increase university vitality through a shared responsibility paradigm centered on the SDGs.

Practical implications

This case study identifies specific funding sources that HEIs can use to fund campus and community sustainability projects using the SDG framework, mechanisms for establishing shared purpose around that impact and a conceptual model for thinking about opportunities to leverage philanthropic giving to create a virtuous cycle that increases university vitality through community impact.

Social implications

Constructing a campus zero energy building funded in part through philanthropic giving provided a unique opportunity to explore how a project’s success can be leveraged to create additional community successes. This case study offers an example for how to convert one success into a platform that funds projects that have direct community impact in one or more of the SDG goal areas.

Originality/value

This paper aims at bridging the gap between theoretical frameworks for community sustainable development and descriptive-only case studies by using a case study to demonstrate a conceptual model or framework for advancing community sustainability (Karatzoglou, 2013). The case study provides a unique model for using utility rebates associated with an infrastructure project that was funded through philanthropic giving to establish a fund for projects that support the community. Utility rebates associated with campus energy efficiency projects are often otherwise overlooked, used to fund additional energy efficiency projects or simply returned to a university’s operating budget. For some HEIs, this model may connect the work of facilities staff to student success in ways that have not previously been explored. For others, this alternative use of utility rebates may offer an opportunity to increase the investment value of utility rebate dollars by creating virtuous cycles within their communities that contribute to university vitality.

Details

International Journal of Sustainability in Higher Education, vol. 22 no. 1
Type: Research Article
ISSN: 1467-6370

Keywords

Book part
Publication date: 2 August 2021

Marvin Erfurth and Natasha Ridge

This chapter offers a contemporary overview of philanthropy in education as an emerging research field. Although the education sector has traditionally been a popular recipient of…

Abstract

This chapter offers a contemporary overview of philanthropy in education as an emerging research field. Although the education sector has traditionally been a popular recipient of philanthropic investment, the scale and scope of funding and policy involvement on the part of philanthropy are growing. In addition, and potentially amplified by COVID-19, big- and in particular tech-philanthropies are emerging as increasingly influential players in national, regional, and global educational contexts. This chapter describes how most existing education research on philanthropy is mainly US- and higher education-focused which has resulted in a narrow geographic and thematic scope whereby contemporary developments remain either overlooked or under-researched. It discusses venture philanthropy inside and outside of the United States, a greater diversity of geographic perspectives, and an increasing dependence of academia on philanthropic funding as emerging research areas that bear great potential to being explored further.

Details

Annual Review of Comparative and International Education 2020
Type: Book
ISBN: 978-1-80071-907-1

Keywords

Article
Publication date: 22 November 2011

Hedy Jiaying Huang and Keith Hooper

The purpose of this paper is to investigate the funding criteria adopted by funding organisations (FOs) in New Zealand.

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Abstract

Purpose

The purpose of this paper is to investigate the funding criteria adopted by funding organisations (FOs) in New Zealand.

Design/methodology/approach

The naturalistic inquiry paradigm is applied and qualitative interview data were collected using semi‐structured interviews.

Findings

The most important finding is that there is a strong pattern emerging as to how the selected FOs determine the allocation of their funds. Outcomes and key people are important criteria for these FOs, while financial information is regarded as less relevant. On balance, the New Zealand funders involved in this study seem to adopt a creative approach to allocating their funds. To explain the lack of performance and financial measurements, it may be that, unlike their for‐profit counterparts, not‐for‐profit (NFP) organisations' managers are not constrained by returns to shareholders, earnings per share and the bottom line. Thus, many of the New Zealand funders' allocations rely on an instinctive feel for the projects proposed and the character of the applicants proposing them.

Research limitations/implications

A limitation of the research is that it was restricted to Auckland and Wellington and only to those FOs which were willing to participate. It is not possible to generalise the results and apply the findings derived based on seven FOs to all the funders in New Zealand. This research is an exploratory study; further research would be appropriate across Australasia to include larger centres such as Sydney and Melbourne where there are many more FOs.

Practical implications

Funders are in favour of a more creative and soft approach to their philanthropic giving. It is hoped that this research will raise an awareness of a strong tendency of FOs to adopt a creative approach to grant‐making rather than the more scientific approach involving financial analysis.

Social implications

The outcomes and key people are important to this grant‐making process, while much financial information is less relevant.

Originality/value

The paper recommends that FOs should pay more attention to financial analysis while preserving the flexibility of a creative approach. Moreover, grant seekers will have a much clearer idea about what sort of information most grant makers actually utilise in their grant decision‐making processes. The additional contribution of this research project is to enrich the existing literature on philanthropic funding in New Zealand.

Details

Qualitative Research in Accounting & Management, vol. 8 no. 4
Type: Research Article
ISSN: 1176-6093

Keywords

Article
Publication date: 1 December 2001

Michael Jay Polonsky and Richard Speed

Sponsorship activities have become a mainstream component of the marketing mix. As such, there are attempts to make these activities more effective by leveraging them using…

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Abstract

Sponsorship activities have become a mainstream component of the marketing mix. As such, there are attempts to make these activities more effective by leveraging them using advertising, sales promotions, or in an increasing number of cases, through cause related marketing (CRM). This paper explores the relationship between sponsorship and CRM and identifies the potential opportunities that arise from leveraging sponsorships using CRM. The paper also examines the limitations of CRM as a leveraging strategy, puts forward a typology for categorising CRM and identifies some future research issues related to CRM‐leveraging of sponsorship.

Details

European Journal of Marketing, vol. 35 no. 11/12
Type: Research Article
ISSN: 0309-0566

Keywords

Article
Publication date: 31 July 2023

Umar Habibu Umar

This study aims to examine how board gender diversity and foreign directors influence the sector-wise corporate philanthropic giving (donation) of Islamic banks in Bangladesh.

Abstract

Purpose

This study aims to examine how board gender diversity and foreign directors influence the sector-wise corporate philanthropic giving (donation) of Islamic banks in Bangladesh.

Design/methodology/approach

Unbalanced panel data were extracted from the annual reports of Islamic banks in Bangladesh over 11 years, from 2010 to 2020.

Findings

The findings indicate that gender diversity significantly improves corporate philanthropic giving for the education sector but insignificantly influences corporate philanthropic giving for health and humanitarian and disaster relief sectors. In contrast, the results show that foreign directors significantly and positively affect the banks' corporate philanthropic giving for the three sectors.

Research limitations/implications

This paper used only secondary data extracted from the annual reports of Islamic banks in Bangladesh between 2010 and 2020. Besides, only three sectors of corporate social responsibility activities were considered. Hence, the findings could not be generalized, as the study used only data from one country.

Practical implications

The findings can be useful to policymakers and regulators to provide policies and regulations that ensure the appointment of women and foreign directors to boards that can competently promote Islamic banks' charitable donations.

Social implications

Inducing Islamic banks to provide corporate donations for activities related to education, health and humanitarian and disaster relief can contribute directly to achieving sustainable development goals (SDGs) like SDG-3 (good health and well-being) and SDG-4 (quality education) and impliedly support attaining some indicators of SDG-1 (no poverty), SDG-2 (zero hunger) and SDG-10 (reduced inequality).

Originality/value

This study contributes to the literature by investigating how board gender diversity and foreign directors influence sector-wise corporate donations for the education, health and human and disaster relief sectors instead of aggregate donations studies concentrated by previous studies.

Details

Gender in Management: An International Journal , vol. 39 no. 2
Type: Research Article
ISSN: 1754-2413

Keywords

Article
Publication date: 22 November 2021

Xin Wang, Zhe Zhang and Ming Jia

This study examines how community norms, such as religious atmosphere and economic pressures, affect corporate philanthropic giving. Grounded in upper echelon theory, the authors…

Abstract

Purpose

This study examines how community norms, such as religious atmosphere and economic pressures, affect corporate philanthropic giving. Grounded in upper echelon theory, the authors further focus on how the women on board of directors (BODs) play an important role in the relationship between community norms and corporate philanthropic giving.

Design/methodology/approach

This study utilizes a two-stage Heckman selection model to control the sample-selection bias. The final sample includes 8,566 observations for the first stage and 5,575 observations for the second stage. Then, by using a sample of Chinese listed firms in 2010–2014, this study establishes a strong and robust support for the hypotheses.

Findings

This study finds that religious atmosphere is significantly and positively associated with corporate philanthropic giving, whereas the relationship between economic pressure and corporate philanthropy is negative. Furthermore, women on BODs not only strengthen the relationship between religious atmosphere and corporate philanthropic giving but also strengthen the relationship between economic pressure and corporate philanthropic giving.

Originality/value

First, the authors contribute to community literature by developing a subdivided perspective. The authors provide the first attempt to empirically investigate the hidden association between the two perspectives of community (religious atmosphere and economic pressure) and corporate philanthropic giving. Second, the authors contribute to the literature on corporate philanthropy by expanding the antecedents of corporate philanthropic giving to communities where firms are headquartered. Third, by capturing the multiple identities of women, the authors enrich the study of the influence of minority groups on corporate decision-making. The authors find that gender diversity on BODs strengthen the influence of community norms on corporate philanthropic giving.

Details

International Journal of Manpower, vol. 43 no. 5
Type: Research Article
ISSN: 0143-7720

Keywords

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