Foundations' Governance for Strategic Philanthropy

Giacomo Boesso (), Fabrizio Cerbioni (), Andrea Menini () and Antonio Parbonetti ()
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Giacomo Boesso: Department of Economics and Management, University of Padova, Italy
Fabrizio Cerbioni: Department of Economics and Management, University of Padova, Italy
Andrea Menini: Department of Economics and Management, University of Padova, Italy
Antonio Parbonetti: Department of Economics and Management, University of Padova, Italy

No 5, Working papers from Department of Economics, Social Studies, Applied Mathematics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino

Abstract: This paper examines whether effective governance plays a major role in driving foundations’ strategy when it comes to making the choice between reactive or proactive philanthropy models. More specifically, we investigate the relationships between philanthropic strategy (expressive, receptive, proactive and collaborative) and [a] board capital (competences and networks), [b] board processes (planning, control, evaluation, etc.), and [c] chairman power (entrenchment and tenure).

Keywords: board capital; board processes; CEO power; corporate governance; foundation; foundation of banking origins; philanthropic strategy (search for similar items in EconPapers)
JEL-codes: G30 L31 M14 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2012-04
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http://www.bemservizi.unito.it/repec/tur/wpapnw/m5.pdf First version, 2012 (application/pdf)

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