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A study on corporate foundation and philanthropy: Does governance matter for organizational performance?
Nonprofit Management and Leadership ( IF 2.627 ) Pub Date : 2023-02-22 , DOI: 10.1002/nml.21555
Daniel Yang 1 , Kathy Babiak 1
Affiliation  

Given the increased social and strategic value of corporate philanthropy (CP) in businesses, a growing number of corporations have established associated corporate foundations to institutionalize and formalize their CP. Notably, CP has been channeled through team charitable foundations in professional sport, which are corporate foundations closely tied to their parent teams while having own (quasi) independent governance structure. However, these corporate foundations have received less scholarly attention. The study explores the relationship between corporate foundation governance and organizational performance in the context of professional sport. Specifically, this study focuses on how board structural characteristics, such as board size and board diversity, and board leadership, such as board chair affiliation with the parent team and the presence of a paid executive director, influence the team foundation's total received contributions. To empirically test our hypotheses, the study used longitudinal data of financial and personnel information of team foundations in the United States from 2011 to 2017. The results show that the team foundations with a larger board and paid executive director generate more significant revenues (received from contributions, grants, and gifts). The study illuminates how the internal governing environment shapes and steers a corporate foundation's philanthropic practices and performance.

中文翻译:

关于企业基金会和慈善事业的研究:治理对组织绩效重要吗?

鉴于企业慈善事业(CP)在企业中的社会和战略价值不断增加,越来越多的企业建立了相关的企业基金会,以将其慈善事业制度化和正规化。值得注意的是,CP 是通过职业体育中的团队慈善基金会来引导的,这些基金会是与其母团队紧密联系的企业基金会,同时拥有自己的(准)独立的治理结构。然而,这些企业基金会受到的学术关注较少。该研究探讨了职业体育背景下公司基金会治理与组织绩效之间的关系。具体来说,本研究重点关注董事会结构特征(例如董事会规模和董事会多样性以及董事会领导力)如何 例如董事会主席与母团队的关系以及受薪执行董事的存在,都会影响团队基金会收到的捐款总额。为了实证检验我们的假设,本研究使用了美国团队基金会 2011 年至 2017 年财务和人事信息的纵向数据。结果表明,董事会规模较大、执行董事受薪的团队基金会产生的收入更为可观(来自捐款、赠款和礼物)。该研究阐明了内部治理环境如何塑造和引导企业基金会的慈善实践和绩效。该研究使用了 2011 年至 2017 年美国团队基金会的财务和人事信息的纵向数据。结果表明,董事会规模较大且执行董事受薪的团队基金会产生的收入更为可观(来自捐款、赠款和礼品) )。该研究阐明了内部治理环境如何塑造和引导企业基金会的慈善实践和绩效。该研究使用了 2011 年至 2017 年美国团队基金会的财务和人事信息的纵向数据。结果表明,董事会规模较大且执行董事受薪的团队基金会产生的收入更为可观(来自捐款、赠款和礼品) )。该研究阐明了内部治理环境如何塑造和引导企业基金会的慈善实践和绩效。
更新日期:2023-02-22
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