Corporate Philanthropy Strategy and Sustainable Development Goals

Hui-Cheng Yu and Lopin Kuo
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Hui-Cheng Yu: Department of Accounting Information, Chihlee University of Technology, New Taipei City 22050, Taiwan
Lopin Kuo: Department of Accounting, Tamkang University, New Taipei City 25137, Taiwan

Sustainability, 2021, vol. 13, issue 10, 1-10

Abstract: This paper investigates the charitable giving of Chinese firms from the perspectives of four sustainable development goals (SDGs), including Economy , Operation , Harmony , and Management . By converting corporate financial data into four independent variables, namely Economy , Operation , Harmony , and Management , this study explores philanthropic giving for SDGs. The empirical evidence shows that corporate philanthropy has a significant and positive effect on Economy , Operation and Harmony , and it is negatively related to Management . This study finds that the sample firms would undertake some social responsibilities for the economic and political benefits of legitimization or corporate philanthropy.

Keywords: philanthropic giving; sustainable development goals; social responsibility (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:13:y:2021:i:10:p:5655-:d:557088

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