Corporate Donations to the Arts: Philanthropy or Advertising?
This paper is an attempt to provide evidence on two questions: Why do companies sponsor art events, and where exactly does the money go? We analyse data collected on the revenue structure of cultural institutions in Berlin and Hamburg. This data set not only tells us where the money goes, it also allows us to draw conclusions with respect to donors' motives. We regress sponsorships received on the number of visitors and other independent variables. The results are significantly different from those which one would expect if sponsoring were merely a form of advertising.
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| Length: | 12 p. |
| Date of creation: | 2002 |
| Handle: | RePEc:diw:diwwpp:dp307 |
| Contact details of provider: | Postal: Mohrenstraße 58, D-10117 Berlin Phone: xx49-30-89789-0 Fax: xx49-30-89789-200 Web page: http://www.diw.de/en Email: More information through EDIRC
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References listed on IDEAS
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- John O'Hagan & Denice Harvey, 2000. "Why Do Companies Sponsor Arts Events? Some Evidence and a Proposed Classification," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 24(3), pages 205-224, August.
- Abbing, Hans, 2002. "Why Are Artists Poor?," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9789053565650, October.
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- Orace Johnson, 1966. "Corporate Philanthropy: An Analysis of Corporate Contributions," The Journal of Business, University of Chicago Press, vol. 39, pages 489-489. Full references (including those not matched with items on IDEAS)
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