{"title":"企业慈善事业与企业绩效:企业战略的作用","authors":"Won-sang Cha, Dong-Young Rew, Joo-Youn Jung","doi":"10.1108/sbr-12-2021-0249","DOIUrl":null,"url":null,"abstract":"\nPurpose\nThe purpose of this study is to empirically explore the interaction between corporate philanthropy and firm performance through the mechanism of corporate strategies, such as unrelated diversification and global strategic posture (GSP).\n\n\nDesign/methodology/approach\nA theoretical framework was developed based on institutional theory to argue that GSP can play an important mediating role in the relationship between corporate philanthropy and firm performance. PROCESS macro for SPSS and SAS to test a mediation was conducted using data from 115 publicly traded US firms between 2010 and 2017.\n\n\nFindings\nThis study verified that GSP acts as an indirect mediator that influences the relationship between corporate philanthropy and firm performance. However, unrelated diversification was not found to be a mediator of that relationship.\n\n\nResearch limitations/implications\nThis study has extended the current understanding of institutional theory to explain the relationship between corporate philanthropy and corporate strategies.\n\n\nPractical implications\nThis study helps to provide corporate managers with a promising notion that corporate philanthropy can help firms with market entry strategies.\n\n\nOriginality/value\nThis study helps to provide empirical evidence on the relationships among corporate philanthropy, corporate strategies and firm performance. Specifically, the finding of this study indicates strategic conditions under which the firm’s philanthropic efforts are more likely to influence firm performance.\n","PeriodicalId":44608,"journal":{"name":"Society and Business Review","volume":null,"pages":null},"PeriodicalIF":3.1000,"publicationDate":"2022-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":"{\"title\":\"Corporate philanthropy and firm performance: the role of corporate strategies\",\"authors\":\"Won-sang Cha, Dong-Young Rew, Joo-Youn Jung\",\"doi\":\"10.1108/sbr-12-2021-0249\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"\\nPurpose\\nThe purpose of this study is to empirically explore the interaction between corporate philanthropy and firm performance through the mechanism of corporate strategies, such as unrelated diversification and global strategic posture (GSP).\\n\\n\\nDesign/methodology/approach\\nA theoretical framework was developed based on institutional theory to argue that GSP can play an important mediating role in the relationship between corporate philanthropy and firm performance. PROCESS macro for SPSS and SAS to test a mediation was conducted using data from 115 publicly traded US firms between 2010 and 2017.\\n\\n\\nFindings\\nThis study verified that GSP acts as an indirect mediator that influences the relationship between corporate philanthropy and firm performance. However, unrelated diversification was not found to be a mediator of that relationship.\\n\\n\\nResearch limitations/implications\\nThis study has extended the current understanding of institutional theory to explain the relationship between corporate philanthropy and corporate strategies.\\n\\n\\nPractical implications\\nThis study helps to provide corporate managers with a promising notion that corporate philanthropy can help firms with market entry strategies.\\n\\n\\nOriginality/value\\nThis study helps to provide empirical evidence on the relationships among corporate philanthropy, corporate strategies and firm performance. Specifically, the finding of this study indicates strategic conditions under which the firm’s philanthropic efforts are more likely to influence firm performance.\\n\",\"PeriodicalId\":44608,\"journal\":{\"name\":\"Society and Business Review\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":3.1000,\"publicationDate\":\"2022-07-15\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"3\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Society and Business Review\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1108/sbr-12-2021-0249\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Society and Business Review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1108/sbr-12-2021-0249","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS","Score":null,"Total":0}
Corporate philanthropy and firm performance: the role of corporate strategies
Purpose
The purpose of this study is to empirically explore the interaction between corporate philanthropy and firm performance through the mechanism of corporate strategies, such as unrelated diversification and global strategic posture (GSP).
Design/methodology/approach
A theoretical framework was developed based on institutional theory to argue that GSP can play an important mediating role in the relationship between corporate philanthropy and firm performance. PROCESS macro for SPSS and SAS to test a mediation was conducted using data from 115 publicly traded US firms between 2010 and 2017.
Findings
This study verified that GSP acts as an indirect mediator that influences the relationship between corporate philanthropy and firm performance. However, unrelated diversification was not found to be a mediator of that relationship.
Research limitations/implications
This study has extended the current understanding of institutional theory to explain the relationship between corporate philanthropy and corporate strategies.
Practical implications
This study helps to provide corporate managers with a promising notion that corporate philanthropy can help firms with market entry strategies.
Originality/value
This study helps to provide empirical evidence on the relationships among corporate philanthropy, corporate strategies and firm performance. Specifically, the finding of this study indicates strategic conditions under which the firm’s philanthropic efforts are more likely to influence firm performance.