Natural disasters and corporate philanthropy: A double movement perspective

• Main Authors: WAN, Guoguang, WANG, Heli, GENG, Xuesong, HUANG, Kenneth G.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: China; corporate philanthropy; double movement perspective; natural disasters; Asian Studies; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/7182; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8181/viewcontent/natural_disasters_and_corporate_philanthropy_a_double_movement_perspective.pdf
• Institution: Singapore Management University

This study examines Chinese corporations’ responses to a sudden natural disaster in terms of their philanthropic donations. We apply Polanyi’s double movement perspective to argue that rapid market expansion in an emerging economy causes social problems such as large-income disparities and environme...