Detail Governance and Corporate Philanthropy: RestrainingRobin Hood? Bibliografi Author: Seifert, Bruce (Co-Author); Bartkus, Barbara R. ; Morris, Sara A. (Co-Author) Bahasa: (EN )     Penerbit: Unika Atma Jaya     Tahun Terbit: 2006     Jenis: Article Fulltext: 292BdS413.pdf (101.0KB; 5 download) Abstract Although corporate decision makers may justify charitable contributions on strategic grounds, extremely large corporate philanthropic contributions may be perceived by shareholders as unnecessary. If stockholders attempt to limit corporate philanthropy, then governance mechanisms should put a cap on giving amounts. Using a matched-paired sample to control for industry and company size, the authors compared big givers and small givers. The authors find that blockholders and institutional owners limit corporate philanthropy. This suggests that high levels of corporate philanthropy may be perceived as excessive by influential stockholders, and some governance mechanisms act to curtail it. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Lihat Sejarah Pengadaan  Konversi Metadata   Kembali

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