CEO and Board Influence on Corporate Philanthropy in China

Publication Type

Conference Proceeding Article

Publication Date

8-2017

Abstract

Corporate philanthropy represents an increasingly important firm decision to demonstrate its sense of responsibility to its stakeholders in addition to its shareholders. Using China as the research context, we integrate social identity theory and institutional logic perspective by examining the interactions between the different identifications that chief executive officers (CEOs) and board directors have with the shareholders, stakeholders, and government, which jointly affect firms’ engagement in corporate philanthropy. Using the publicly listed Chinese firms for the period 2007–2013, we find that a CEO’s identity with stakeholders and government promotes the firm’s philanthropic decisions, but their shareholder identification discourages corporate donations. Further, we find that the firm’s engagement in or disengagement from corporate philanthropy is often strengthened when the identifications of the CEO and directors are aligned, but weakened when the identifications of the CEO and directors are mismatched.

Keywords

board of directors, corporate philanthropy, China

Discipline

Business Law, Public Responsibility, and Ethics | Organizational Behavior and Theory | Strategic Management Policy

Research Areas

Strategy and Organisation

Publication

Academy of Management Proceedings: Annual Meeting 2017, August 4-8, Atlanta

Identifier

10.5465/AMBPP.2017.12453abstract

Publisher

Academy of Management

City or Country

Briarcliff Manor, NY

Additional URL

https://doi.org/10.5465/AMBPP.2017.12453abstract

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