Relations between corporate philanthropy and antecedent variables: Based on the empirical data

摘要

Corporate philanthropy is growing rapidly in the whole world. Based on theory analysis, we propose four research hypotheses which show that these factors have influence on corporate philanthropy. And then a research was made of the data collected from 428 firms involved in philanthropy from Shanghai securities exchange in 2008. The test based on regression analysis show that the firm size, the assets-liabilities ratio and the educational level of manager have influence on donation amount, and the effects of three antecedent variables on corporate philanthropy are different. Finally, an outlook is proposed in the future.