Abstract
The upper echelons theory proposes that organizational actions may reflect the values, experiences, and personalities of powerful actors within an organization. Drawing upon this theory, this research investigates how the characteristics of chief executive officers (CEOs) affect corporate philanthropic giving (CPG) strategies in an emerging market. Using a unique data set consisting of CPG activities of publicly listed Chinese firms in response to the 2008 Wenchuan earthquake, this study uncovers relationships between CEOs' acquired characteristics (e.g., tenure, education, political connectedness, celebrity status) and different aspects of firm CPG strategies, including donation amount, timeliness and disclosure. We discuss the unique insights we gain by studying the upper echelons theory and corporate philanthropic giving in an emerging market context.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
