Corporate philanthropy and corporate financial performance: The roles of social response and political access

Corporate philanthropy is expected to positively affect firm financial performance because it helps firms gain sociopolitical legitimacy, which enables them to elicit positive stakeholder responses and to gain political access. The positive philanthropy-performance relationship is stronger for firms...

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Bibliographic Details
Main Authors: WANG, Heli, QIAN, Cuili
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2011
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3439
https://ink.library.smu.edu.sg/context/lkcsb_research/article/4438/viewcontent/41413614.pdf
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Institution: Singapore Management University
Language: English

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