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

Gail Whiteman, Allan Muller, Judith van der Voort, Jeroen van Wijk, Lucas Meijs and C. Piqué

ERIM Report Series Research in Management from 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

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.

Keywords: CSR; Tsunami; internationalization; philanthropy (search for similar items in EconPapers)
JEL-codes: F23 M M14 (search for similar items in EconPapers)
Date: 2005-10-18
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