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author:

Chen, S. (Chen, S..) [1] | He, L. (He, L..) [2] | Yang, G. (Yang, G..) [3]

Indexed by:

Scopus

Abstract:

The paper examines how executive motivation and firm capability jointly influence corporate contribution to poverty alleviation. Using a sample of Chinese listed firms, we find that firms whose executives possess political connections or experienced poverty in childhood contribute more to poverty alleviation. Moreover, better-performing firms with politically connected executives make even more contributions, whereas firm performance does not affect the relationship between executives’ childhood poverty experience and corporate contribution. We also document that the strength of political connections and the type of childhood poverty experience matter. Moreover, executive background and firm performance only affect corporations’ cash contributions but do not influence their material contributions. Overall, our study reveals that corporate contribution to poverty alleviation is affected by both strategic and altruistic motives of executives and is subject to the influence of firm performance especially when executives are driven by political motives. © Springer Nature Limited 2024.

Keyword:

China Corporate philanthropy Corporate social responsibility Motivation Poverty alleviation Top management

Community:

  • [ 1 ] [Chen S.]School of Economics & amp
  • [ 2 ] [Chen S.]School of Economics & amp
  • [ 3 ] Management, Fuzhou University, Fujian, Fuzhou, China
  • [ 4 ] [He L.]School of Business, State University of New York at Geneseo, Geneseo, NY, United States
  • [ 5 ] [Yang G.]School of Economics & amp
  • [ 6 ] [Yang G.]School of Economics & amp
  • [ 7 ] Management, Minjiang University, Fujian, Fuzhou, China

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Source :

Asian Business and Management

ISSN: 1472-4782

Year: 2024

Issue: 4

Volume: 23

Page: 570-596

2 . 2 0 0

JCR@2023

CAS Journal Grade:4

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count:

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 0

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