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Journal of Business Ethics

, Volume 146, Issue 1, pp 167–183 | Cite as

Business for Good? An Investigation into the Strategies Firms Use to Maximize the Impact of Financial Corporate Philanthropy on Employee Attitudes

  • Emily S. BlockEmail author
  • Ante Glavas
  • Michael J. Mannor
  • Laura Erskine
Article

Abstract

Most research on the corporate philanthropy of organizations has focused on the external benefits of such initiatives for firms, such as benefits for firm reputation and opportunities. However, many firms justify their giving, in part, due to the positive impact it has on their employees. Little is known about the effectiveness of such efforts, or how they can be managed strategically to maximize impact. We hypothesize a main effect of office-level corporate philanthropy on average employee attitudes in that office, but also investigate three strategies that offices may use to enhance this impact. Testing our hypotheses with 3 years of data on attitudes of an average of 14,577 employees in 53 offices we find support for the main effect, but mixed support for the specific strategies used to enhance impact.

Keywords

Financial corporate philanthropy Corporate social responsibility Strategic partnerships 

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Copyright information

© Springer Science+Business Media Dordrecht 2015

Authors and Affiliations

  • Emily S. Block
    • 1
    Email author
  • Ante Glavas
    • 2
  • Michael J. Mannor
    • 3
  • Laura Erskine
    • 4
  1. 1.Department of Management, Mendoza College of BusinessNotre Dame UniversityNotre DameUSA
  2. 2.Kedge Business SchoolMarseille Cedex 9France
  3. 3.Department of Management, Mendoza College of BusinessNotre Dame UniversityNotre DameUSA
  4. 4.Department of Health Policy and Management, Fielding School of Public HealthUniversity of California Los AngelesLos AngelesUSA

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