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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Main Authors: | WANG, Heli, QIAN, Cuili |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2011
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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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