Political Connection, Ownership Structure, and Corporate Philanthropy in China: A Strategic-Political Perspective

Verfasser / Beitragende:
[Sihai Li, Xianzhong Song, Huiying Wu]
Ort, Verlag, Jahr:
2015
Enthalten in:
Journal of Business Ethics, 129/2(2015-06-01), 399-411
Format:
Artikel (online)
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024 7 0 |a 10.1007/s10551-014-2167-y  |2 doi 
035 |a (NATIONALLICENCE)springer-10.1007/s10551-014-2167-y 
245 0 0 |a Political Connection, Ownership Structure, and Corporate Philanthropy in China: A Strategic-Political Perspective  |h [Elektronische Daten]  |c [Sihai Li, Xianzhong Song, Huiying Wu] 
520 3 |a This paper investigates whether philanthropic giving decisions and amount of charitable giving are related to firms' political connections and ownership type. To this end, Chinese firms listed on either the Shenzhen or Shanghai stock exchange between 2004 and 2011 are examined, where government interference in the business sector is prevalent, state ownership structure is dominant, and corporate political connections prevail. Our analyses show (1) a significant and positive relationship between political connections and the likelihood and extent of firm contributions; (2) a significant and negative relationship between state ownership and extent of firm contributions; and (3) a stronger relationship between political connections and corporate philanthropy in non-state-owned firms. These findings with regard to the relationship between corporate giving, political connections, and ownership type have important implications for understanding corporate giving behavior in China and in emerging markets in general. 
540 |a Springer Science+Business Media Dordrecht, 2014 
690 7 |a Corporate social responsibility  |2 nationallicence 
690 7 |a Corporate philanthropy  |2 nationallicence 
690 7 |a Political interference  |2 nationallicence 
690 7 |a Political connection  |2 nationallicence 
690 7 |a Ownership type  |2 nationallicence 
700 1 |a Li  |D Sihai  |u School of Management, Jinan University, Guangzhou, China  |4 aut 
700 1 |a Song  |D Xianzhong  |u School of Management, Jinan University, Guangzhou, China  |4 aut 
700 1 |a Wu  |D Huiying  |u School of Business, University of Western Sydney, Penrith South DC, NSW, Australia  |4 aut 
773 0 |t Journal of Business Ethics  |d Springer Netherlands  |g 129/2(2015-06-01), 399-411  |x 0167-4544  |q 129:2<399  |1 2015  |2 129  |o 10551 
856 4 0 |u https://doi.org/10.1007/s10551-014-2167-y  |q text/html  |z Onlinezugriff via DOI 
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900 7 |a Metadata rights reserved  |b Springer special CC-BY-NC licence  |2 nationallicence 
908 |D 1  |a research-article  |2 jats 
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950 |B NATIONALLICENCE  |P 700  |E 1-  |a Li  |D Sihai  |u School of Management, Jinan University, Guangzhou, China  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Song  |D Xianzhong  |u School of Management, Jinan University, Guangzhou, China  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Wu  |D Huiying  |u School of Business, University of Western Sydney, Penrith South DC, NSW, Australia  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Journal of Business Ethics  |d Springer Netherlands  |g 129/2(2015-06-01), 399-411  |x 0167-4544  |q 129:2<399  |1 2015  |2 129  |o 10551