Corporate philanthropy: Antecedents, consequences, and implications for corporate governance

Steve Sauerwald and Weichieh Su

Chapter 15 in Handbook on Corporate Governance and Corporate Social Responsibility, 2024, pp 192-203 from Edward Elgar Publishing

Abstract: Corporate philanthropy is an important dimension of corporate social responsibility (CSR) and an increasingly important part of a company’s strategy. In this chapter, we review the antecedents of corporate philanthropy divided into internal and external antecedents. Next, we will review some consequences of corporate philanthropy as well as consider some important governance conditions that may affect the effective investment of philanthropic resources. We end our chapter with key takeaways for boards of directors, management, and shareholders.

Keywords: Business and Management; Economics and Finance; Environment; Politics and Public Policy General Academic Interest; Sustainable Development Goals (search for similar items in EconPapers)
Date: 2024
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