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Journal of Business Ethics

, Volume 11, Issue 10, pp 771–778 | Cite as

Board composition and corporate philanthropy

  • Jia Wang
  • Betty S. Coffey
Article

Abstract

Using agency theory, this study empirically examined the relationship between board composition and corporate philanthropy. Generally, the ratio of insiders to outsiders, the percentage of insider stock ownership, and the proportion of female and minority board members were found to be positively and significantly associated with firms' charitable contributions.

Keywords

Economic Growth Board Member Agency Theory Corporate Philanthropy Charitable Contribution 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Kluwer Academic Publishers 1992

Authors and Affiliations

  • Jia Wang
    • 1
    • 2
  • Betty S. Coffey
    • 1
    • 2
  1. 1.Department of ManagementCalifornai State UniversityFresnoUSA
  2. 2.Department of Management, College of BusinessAppalachian State UniversityBooneUSA

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