Senior executives' personal values: the role personal values play in decisions regarding corporate philanthropy – a theoretical model

Graham R. Jones

International Journal of Management and Decision Making, 2007, vol. 8, issue 2/3/4, 343-355

Abstract: Corporate philanthropy is increasingly emerging as an issue that demands a response from corporate Australia. The recent Asian Tsunami has heightened shareholder interest in the philanthropic actions of Australian corporate boards. There are many issues of interest in the area of corporate philanthropy but the influence of individual senior executives on individual corporations' decision-making process is of interest to those making the decisions whether to donate and those who are seeking the support of corporate Australia. This study seeks to review the prior literature and develop a theoretical decision-making model that includes senior executives' personally held values as an essential component. In particular, it attempts to present a model that demonstrates the implicit role that personally held values play when a corporation makes philanthropic decisions.

Keywords: corporate philanthropy; decision making; senior executives; personal values; Australia. (search for similar items in EconPapers)
Date: 2007
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