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

• Main Authors: LU, Jane, LIANG, Xueji, WANG, Heli
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2020
• Subjects: corporate philanthropy; corporate financial performance; geographical influences; stakeholder perception; information availability; Corporate Finance; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/6471; https://ink.library.smu.edu.sg/context/lkcsb_research/article/7470/viewcontent/Geographical_influences_on_the_relationship_between_corporate_philanthropy_and_corporate_financial_performance__1_.pdf
• Institution: Singapore Management University

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 an...