RT Article
T1 The Promise of a Managerial Values Approach to Corporate Philanthropy
JF Journal of business ethics
VO 75
IS 4
SP 345
OP 359
A1 Choi, Jaepil
A1 Wang, Heli
A2 Wang, Heli
LA English
YR 2007
UL https://ixtheo.de/Record/1785628518
AB This article presents an alternative rationale for corporate philanthropy based on managerial values of benevolence and integrity. On the one hand, top managers with benevolence and integrity values are more likely to spread their intrinsic concern for others into the wider society in the form of corporate philanthropy. On the other hand, top managers high in benevolence and integrity are likely to contribute to improved managerial credibility and trusting firm-stakeholder relationships, thereby improving corporate financial performance. Therefore, the article makes the argument that both corporate philanthropy and corporate financial performance can better be interpreted as resulting from managers’ benevolence and integrity values.
K1 Stakeholders
K1 managerial values
K1 Corporate Philanthropy
K1 Corporate financial performance
DO 10.1007/s10551-006-9257-4