Do Chinese Corporate Foundations Enhance Civil Society?

He, Li; Wang, Qun

doi:10.1007/978-3-030-25759-0_7

Cited by 5 publications

(5 citation statements)

References 17 publications

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“…The existing literatures have assumed implicitly that the firms conduct philanthropic donation through the same channel (Chen et al , 2018; Wang et al , 2019;Wang and Qian, 2011). As a matter of fact, a firm may have several options in terms of channels to donate, such as through corporate foundation, the Red Cross of China, TV media and other private charitable organizations (He and Wang, 2020). We contend that the diversity in donation channels as a signal may help to attract more banks’ attention and increases firm salience.…”

Section: Discussionmentioning

confidence: 99%

“…In recent years, it has witnessed a diversification of channels in corporate philanthropic donation. Generally, a firm has a broad range of donation channels for it to organize and manage the charitable giving externally, such as consigning donation to government sponsored charitable organizations, collaborating with private charitable organizations and other organization for charitable activities, and organizing corporate philanthropy in-house (He and Wang, 2020). As important links between the donor and donee, we argue the diversification of donation channels could influence the effect or efficiency of philanthropic donation.…”

Section: Theory and Hypothesesmentioning

confidence: 99%

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Corporate social responsibility and access to bank loan: how much and how to give both matter

Sun

et al. 2020

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Purpose This paper aims to investigate the inverse U-shape relationship between DM and accessing loans from the banks and explore the moderating effect of donation mode diversity. Design/methodology/approach Based on a survey dataset of 1,036 private firms in China, we use a Heckman two-stage estimation model to test hypothesizes. Findings The results show an invert U-shape relationship between donation magnitude and access to bank loan. The authors also find that donation mode diversity will positively moderate donation magnitude–bank loan relationship: the positive effect of donation magnitude will be stronger for the private firms using multiple channels of philanthropic donation. Originality/value This paper extends the literatures by examining how philanthropic donation behaviors in form of donation magnitude (how much to give) and donation mode diversity (how to give) influence private firms’ loan borrowed from the bank, an important but largely ignored stakeholder. Therefore, it suggests that both the amount and the channels of philanthropic donation could have significant roles in the efficiency of achieving strategic outcomes of corporate philanthropy.

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Section: Discussionmentioning

confidence: 99%

Section: Theory and Hypothesesmentioning

confidence: 99%

Corporate social responsibility and access to bank loan: how much and how to give both matter

Sun

et al. 2020

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“…Unlike PPFs, the ethics of IFs have attracted much less attention. A few studies have criticized IFs in Southern Europe, Latin America (Pedrini & Minciullo, 2011), China (He & Wang, 2020), and India (Raianu, 2016). The main criticism has been an alleged lack of transparency, which allowed them to hide wrongdoing and potential conflicts of interest.…”

Section: The Ethics Of Philanthropy In Foundationsmentioning

confidence: 99%

“…In general, gathering data on foundation activity outside the United States and Europe is hard. However, there are some case studies beyond the West, mainly concerning large emerging and transition economies (Chan & Lai, 2018;He & Wang, 2020;Jansons, 2015;Krasnopolskaya, 2020) or regions (Rey-Garcia et al, 2020;Sanborn & Portocarrero, 2005). This work generally addresses contemporary developments, without broaching the long-term relationship between entrepreneurs, their foundations, and the local business environment.…”

Section: Introductionmentioning

confidence: 99%

Drivers of Philanthropic Foundations in Emerging Markets: Family, Values and Spirituality

Giacomin

Jones

2021

J Bus Ethics

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This article discusses the ethics and drivers of philanthropic foundations in emerging markets. A foundation organizes assets to invest in philanthropic initiatives. Previous scholarship has largely focused on developed countries, especially the United States, and has questioned the ethics behind the activities of foundations, particularly for strategic motives that served wider corporate purposes. We argue that philanthropic foundations in emerging markets have distinctive characteristics that merit separate examination. We scrutinize the ethics behind the longitudinal activity of such foundations using 70 oral history interviews with business leaders in 18 countries in Africa, Asia, Latin America, and the Middle East. We find that 55 out of 70 foundations associated with these leaders have been used as vehicles for a specific type of philanthropic ethics defined as “spiritual philanthropy”. These foundations often embodied personal or family traditions, culture, and religious values, which emphasized charitable giving and social responsibility. As in the case of many of the industrial foundations in Europe, these foundations also carried founding family names and provided a structure to maintain family control and enhance corporate reputation. We argue that, as business leaders in emerging markets are more directly exposed to dire social, educational and health deprivation than their counterparts in developed countries, they are less inclined toward grandiose world-making, and their foundations are more focused on delivering immediate benefits to communities in their home countries, motivated by implicit or explicit spirituality.

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“…Although CFs, as an institutionalized form of CP, have become increasingly set up and visible in practice [12], their potential for achieving the SDGs has not been widely addressed in academic research. Previous studies on CFs have mainly focused on different types [18,19], their governance structure [20,21], their reputational benefit for the founding firm [22,23], their influence on corporate financial performance [24,25], or their institutional context in different regions and countries such as Europe [26], the U.S. [27], China [28], Russia [29], and Latin America [30].…”

Section: Introductionmentioning

confidence: 99%

Corporate Foundations as Partnership Brokers in Supporting the United Nations’ Sustainable Development Goals (SDGs)

Gehringer

2020

Sustainability

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Rather than limiting themselves to acting as mere financial intermediaries of corporate philanthropic funds, corporate foundations (CFs) may contribute to the achievement of the Sustainable Development Goals (SDGs) as partnership brokers. Based on the literature on the SDGs, cross-sector partnerships, the influence of the private sector on the SDGs, and institutional philanthropic involvement in the SDGs, this paper shows how the unique characteristics of CFs and their position between the business sector and civil society make them ideal partnership brokers in cross-sector collaborations. Furthermore, this study examines how CFs approach the Agenda 2030 with respect to their activities and strategies. Following an explorative research approach, data were collected through an online survey among CF managers in Switzerland, Liechtenstein, and Germany. The findings suggest that, in order to contribute more effectively to the SDGs, CFs should make more and better use of their capacities in bridging institutional logics, pooling resources, and initiating partnerships between different sectors.

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Do Chinese Corporate Foundations Enhance Civil Society?

Cited by 5 publications

References 17 publications

Corporate social responsibility and access to bank loan: how much and how to give both matter

Corporate social responsibility and access to bank loan: how much and how to give both matter

Drivers of Philanthropic Foundations in Emerging Markets: Family, Values and Spirituality

Corporate Foundations as Partnership Brokers in Supporting the United Nations’ Sustainable Development Goals (SDGs)

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