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Corporate Philanthropy and Innovation Performance

Author

Listed:
  • Shaoyan Jiang
  • Jingwen Mi
  • Xiaohui Tao
  • Wanwan Hu

Abstract

Corporate Philanthropy and innovation performance are the focuses of enterprise research in recent years. Based on resource dependence theory and information disclosure theory, the paper explores the impact of philanthropic donations on innovation performance. Through the quantitative data analysis of 319 enterprises in China, the results show that- (1) There is an obviously positive correlation between philanthropic donations and innovation performance, which will be affected by the scale of enterprises. (2) The disclosure of philanthropic information will weaken the promotion effect of philanthropic donation on innovation performance. The conclusion of the study made a useful extension of the existing philanthropic donation literature and provided a theoretical basis for the philanthropic practice of the enterprise.

Suggested Citation

  • Shaoyan Jiang & Jingwen Mi & Xiaohui Tao & Wanwan Hu, 2018. "Corporate Philanthropy and Innovation Performance," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(4), pages 173-173, March.
    • Handle: RePEc:ibn:ijbmjn:v:13:y:2018:i:4:p:173
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    References listed on IDEAS

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    1. Viral V. Acharya & Krishnamurthy V. Subramanian, 2009. "Bankruptcy Codes and Innovation," The Review of Financial Studies, Society for Financial Studies, vol. 22(12), pages 4949-4988, December.
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    Cited by:

    1. Shuxia Zhang & Liping Xu & Ning Liu, 2022. "Crowding‐in and crowding‐out effects of corporate philanthropy on R&D investment," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(6), pages 1835-1849, September.
    2. Wonsuk Cha & Ujvala Rajadhyaksha, 2021. "What do we know about corporate philanthropy? A review and research directions," Business Ethics, the Environment & Responsibility, John Wiley & Sons, Ltd., vol. 30(3), pages 262-286, July.
    3. Lei Xu & Xiaoning Guo & Yan Liu & Xiaochen Sun & Jie Ji, 2022. "How Does Corporate Charitable Giving Affect Enterprise Innovation? A Literature Review and Research Directions," Sustainability, MDPI, vol. 14(23), pages 1-21, November.

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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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