Journal ArticleDOI
Talk the Walk: Measuring the Impact of Strategic Philanthropy
Karen Maas,Kellie Liket +1 more
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TLDR
In this article, the authors used longitudinal cross-sectional and cross-national data on over 500 firms listed in the Dow Jones Sustainability Index (DJSI) to empirically test whether these firms are strategic in their philanthropy as indicated by their measurement of the impact of their philanthropic activities along three dimensions.Abstract:
Drawing a framework from institutional and legitimacy theory, supplemented by concepts from the accounting literature, this study uses longitudinal cross-sectional and cross-national data on over 500 firms listed in the Dow Jones Sustainability Index (DJSI) to empirically test whether these firms are strategic in their philanthropy as indicated by their measurement of the impact of their philanthropic activities along three dimensions – society, business, and reputation and stakeholder satisfaction. It is predicted that the variables’ company size, amount of philanthropic expenditure, region and industry influence the extent to which the various impact dimensions of philanthropy are measured. Though unexpected considering the lack of common practice in impact measurement, it is found that between 62 and 76% of the DJSI firms measure some sort of impact of their philanthropic activities, mostly impact on society and impact on reputation and stakeholder satisfaction. The number of firms that measure impact increases over the years and so does the number of firms that measure multiple dimensions of impact. Consist with our predictions, we find that larger firms and firms with relatively higher philanthropic expenditures are more likely to measure impact. Moreover, firms in the financial sector and firms from Europe and North America are also more likely to measure impact of their philanthropic activities.read more
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The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields (Chinese Translation)
Paul DiMaggio,Walter W. Powell +1 more
TL;DR: In this article, the authors argue that rational actors make their organizations increasingly similar as they try to change them, and describe three isomorphic processes-coercive, mimetic, and normative.
Journal ArticleDOI
Defining and Measuring Corporate Sustainability: Are We There Yet?
TL;DR: In this paper, the authors present a literature review of the field of corporate sustainability (CS) as studied by management scholars, and provide a set of recommendations on how to advance the CS field.
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Research on Corporate Philanthropy: A Review and Assessment
Arthur Gautier,Anne-Claire Pache +1 more
TL;DR: This paper reviewed some 30 years of academic research on corporate philanthropy, taking stock of the current state of research about this rising practice and identifying gaps and puzzles that deserve further investigation, with an interest in strengthening our understanding of this fascinating phenomenon at the crossroads of business and society.
Journal ArticleDOI
Integrating corporate sustainability assessment, management accounting, control, and reporting
TL;DR: In this paper, a comprehensive, integrated framework of sustainability assessment, accounting, control and reporting is proposed to integrate these isolated concepts, which can help researchers and practitioners to better understand how the four concepts are related and could be linked to each other to develop an integrated approach.
Journal ArticleDOI
Enhancing the Impact of Cross-Sector Partnerships
TL;DR: In this paper, the authors present a framework that should enable a constructive interchange between the two research areas, while also framing existing research into more precise categories that can lead to knowledge accumulation.
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Book ChapterDOI
The iron cage revisited institutional isomorphism and collective rationality in organizational fields
Paul DiMaggio,Walter W. Powell +1 more
TL;DR: In this paper, the authors argue that rational actors make their organizations increasingly similar as they try to change them, and describe three isomorphic processes-coercive, mimetic, and normative.
Journal ArticleDOI
Institutionalized Organizations: Formal Structure as Myth and Ceremony
John W. Meyer,Brian Rowan +1 more
TL;DR: Many formal organizational structures arise as reflections of rationalized institutional rules as discussed by the authors, and the elaboration of such rules in modern states and societies accounts in part for the expansion and i...
Journal Article
The Iron Caged Revisited : Institutional Isomorphism and Collective Rationality in Organizational Fields
Journal ArticleDOI
The pyramid of corporate social responsibility: Toward the moral management of organizational stakeholders
TL;DR: For the better part of 30 years now, corporate executives have struggled with the issue of the firm's responsibility to its society, and it became quickly apparent to everyone, however, that this pursuit of financial gain had to take place within the laws of the land.
Journal ArticleDOI
A Three-Dimensional Conceptual Model of Corporate Performance
TL;DR: In this article, a conceptual model that comprehensively describes essential aspects of corporate social performance is presented, and three aspects of the model address major questions of concern to academics and managers alike: What is included in corporate social responsibility? What are the social issues the organization must address? and what is the organization's philosophy or mode of social responsiveness?