Corporate charitable giving, multinational companies and countries of concern

Stephen Brammer, Stephen Pavelin () and Lynda Porter ()
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Stephen Brammer: University of Bath
Stephen Pavelin: Department of Economics, University of Reading
Lynda Porter: Department of Economics, University of Reading

No em-dp2008-61, Economics Discussion Papers from Department of Economics, University of Reading

Abstract: This paper investigates the degree to which corporate charitable giving is influenced by a firm's internationalisation and/or whether it has operations in one or more countries of concern. For a sample of large UK firms, we find evidence of a positive effect not for internationalisation per se, but only for a presence in particular countries. In this connection, the salient country characteristic is a lack of political rights and/or civil liberties, and the positive impact on charitable giving is restricted to a presence in only those countries that are, according to Freedom House indicators, most lacking in this respect.

Keywords: Corporate philanthropy; multinationals; controversy; corruption (search for similar items in EconPapers)
Pages: 27 pages
Date: 2008-11-13
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Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:rdg:emxxdp:em-dp2008-61

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