Journal article
CEO characteristics and corporate philanthropic giving in an emerging market: The case of China
Journal of business research, Vol.87, pp.1-11
06/01/2018
DOI: 10.1016/j.jbusres.2018.02.018
Abstract
The upper echelons theory proposes that organizational actions may reflect the values, experiences, and personalities of powerful actors within an organization. Drawing upon this theory, this research investigates how the characteristics of chief executive officers (CEOs) affect corporate philanthropic giving (CPG) strategies in an emerging market. Using a unique data set consisting of CPG activities of publicly listed Chinese firms in response to the 2008 Wenchuan earthquake, this study uncovers relationships between CEOs' acquired characteristics (e.g., tenure, education, political connectedness, celebrity status) and different aspects of firm CPG strategies, including donation amount, timeliness and disclosure. We discuss the unique insights we gain by studying the upper echelons theory and corporate philanthropic giving in an emerging market context.
Details
- Title: Subtitle
- CEO characteristics and corporate philanthropic giving in an emerging market: The case of China
- Creators
- Jiuchang Wei - University of Science and Technology of ChinaZhe Ouyang - Nanjing University of Finance and EconomicsHaipeng (Allan) Chen - University of Kentucky
- Resource Type
- Journal article
- Publication Details
- Journal of business research, Vol.87, pp.1-11
- Publisher
- Elsevier Inc
- DOI
- 10.1016/j.jbusres.2018.02.018
- ISSN
- 0148-2963
- eISSN
- 1873-7978
- Grant note
- 71522013; 71702180; 71373250 / National Natural Science Foundation of China (https://doi.org/10.13039/501100001809)
- Language
- English
- Date published
- 06/01/2018
- Academic Unit
- Marketing
- Record Identifier
- 9984618522702771
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