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Cited by 540

The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.

Having, Giving, and Getting: Slack Resources, Corporate Philanthropy, and Firm Financial Performance

Seifert, Bruce, Morris, Sara A., Bartkus, Barbara R.·2004·Business & Society

Abstract

This study investigates financial correlates of corporate philanthropy in Fortune 1000 companies using structural equation modeling. The results suggest that cash flow (one of the most discretionary types of organizational slack) has a significant impact on a firm’s cash donations to charitable causes, but monetary donations do not affect firm financial performance. These findings support the accepted view of corporate philanthropy as a discretionary social responsibility and the traditional thinking about firm giving in the business and society literature—that doing well enables doing good. Contrary to some contemporary thinking, the findings imply no significant effect on profits from corporate generosity.

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Metadata

Authors
Seifert, B., Morris, S. A., & Bartkus, B. R.
Venue
Business & Society
Published
2004-06
Volume
43
Issue
2
Pages
135-161
ISSN
  • 0007-6503 (ISSN-L)
  • 1552-4205
OpenAlex
W2018870639
Cited by
540
References
4
FWCI
14.99
Type
journal article
Language
en
Open access
closed

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.