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To be philanthropic when being international: Evidence from Chinese family firms

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  • Du, Xingqiang
  • Zeng, Quan
  • Chang, Yingying

Abstract

This study examines the influence of internationalization on corporate philanthropy, and further investigates the moderating effect of political participation of CEO (Chief Executive Officer). Using a sample of Chinese family firms and hand-collected data on corporate philanthropy, internationalization, and CEO’s political participation, our findings show that internationalization is significantly positively associated with corporate philanthropy, suggesting that internationalization plays an important role in promoting corporate philanthropy because of the mounting interaction of corporate philanthropic consciousness among multinational companies. In addition, CEO’s political participation reinforces the positive association between internationalization and corporate philanthropy. Above findings are robust to a variety of sensitivity tests and further our conclusions are still valid after controlling for the endogeneity between internationalization and corporate philanthropy.

Suggested Citation

  • Du, Xingqiang & Zeng, Quan & Chang, Yingying, 2018. "To be philanthropic when being international: Evidence from Chinese family firms," Journal of Management & Organization, Cambridge University Press, vol. 24(3), pages 424-449, May.
    • Handle: RePEc:cup:jomorg:v:24:y:2018:i:03:p:424-449_00
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    Cited by:

    1. Mikel Alayo & Txomin Iturralde & Amaia Maseda & Gloria Aparicio, 2021. "Mapping family firm internationalization research: bibliometric and literature review," Review of Managerial Science, Springer, vol. 15(6), pages 1517-1560, August.
    2. Hong-Min Chun & Sang-Yi Shin, 2018. "Does Analyst Coverage Enhance Firms’ Corporate Social Performance? Evidence from Korea," Sustainability, MDPI, vol. 10(7), pages 1-16, July.
    3. Hong‐Min Chun, 2019. "Does corporate philanthropic giving reduce analyst earnings dispersion? Evidence from Korea," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(4), pages 956-964, July.
    4. Jean-Luc Arregle & Francesco Chirico & Liena Kano & Sumit K. Kundu & Antonio Majocchi & William S. Schulze, 2021. "Family firm internationalization: Past research and an agenda for the future," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(6), pages 1159-1198, August.
    5. Hongmin Chun & Maretno Harjoto & Hakjoon Song, 2023. "Economic policy uncertainty and corporate donation: evidence from private firms in Korea," Review of Managerial Science, Springer, vol. 17(3), pages 909-939, April.
    6. Christoph Stock & Laura Pütz & Sabrina Schell & Arndt Werner, 2024. "Corporate Social Responsibility in Family Firms: Status and Future Directions of a Research Field," Journal of Business Ethics, Springer, vol. 190(1), pages 199-259, February.

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