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The Tsunami’s CSR Effect: MNEs and Philanthropic Responses to the Disaster

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Author Info
Whiteman, G.M.
Muller, A.R.
Voort, J. van der
Wijk, J.C.A.C. van
Meijs, L.C.P.M.
Piqué, C. (Erasmus Research Institute of Management (ERIM), RSM Erasmus University)
Abstract

This paper contributes to the literature on CSR and International Business by linking firm internationalization to corporate philanthropy. Considering the 2004 Tsunami disaster as a highly relevant case of an international societal issue, we analyze the characteristics of the corporate response to the disaster among Fortune Global 500 firms. We find that home region, degree of internationalization, firm size and profitability most strongly influenced the propensity of firms to donate as well as the value of their donations.

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Publisher Info
Paper provided by Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam. in its series Research Paper with number ERS-2005-062-ORG Revision_Date: 2008-07-16.

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Date of creation: 18 Oct 2005
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Handle: RePEc:dgr:eureri:30007667

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Keywords: CSR philanthropy Tsunami internationalization

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  1. Hemphill, Thomas A., 1999. "Corporate governance, strategic philanthropy, and public policy," Business Horizons, Elsevier, vol. 42(3), pages 57-62. [Downloadable!] (restricted)
  2. Navarro, Peter, 1988. "Why Do Corporations Give to Charity?," Journal of Business, University of Chicago Press, vol. 61(1), pages 65-93, January. [Downloadable!] (restricted)
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This page was last updated on 2008-8-13.


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