|
Sign In to gain access to subscriptions and/or personal tools.
|
Nonprofit and Voluntary Sector Quarterly, Vol. 33, No. 2,
334-345 (2004)
DOI: 10.1177/0899764004263422
© 2004 ASSOCIATION FOR RESEARCH ON NONPROFIT ORGANIZATIONS AND VOLUNTARY ACTION
Professional Corporate Donation Programs in Canada: An Exploratory Study
Paul Dunn
Brock University, paul.dunn{at}brocku.ca
This article reports the results of an exploratory study on corporate philanthropy using a sample of 206 Canadian companies. The results show that a corporation is more likely to have a professional donation program if it is large, privately owned, and the manager of the corporation acts as a volunteer fundraiser for a charitable organization. The second part of the study finds that the level of contributions made is positively related to the size of the organization and whether it has a professional donation program. However, economic constraints, imposed by debt covenant restrictions, reduce the amount donated. Finally, the results indicate a reciprocal relationship between the existence of a professional donation program and the level of philanthropic contributions.
Key Words: philanthropy • volunteerism • ownership structure • leverage
References
- Atkinson, L., & Galaskiewicz, J. (1988). Stock ownership and company contributions to charity. Administrative Science Quarterly, 33, 82-100.[CrossRef]
- Austin, J. (2000). Strategic collaboration between nonprofits and businesses. Nonprofit and Voluntary Sector Quarterly, 29(Suppl.), 69-97.[Abstract]
- Bartkus, B., Morris, S., & Seifert, B. (2002). Governance and corporate philanthropy: Restraining Robin Hood? Business & Society, 41(3), 319-344.[Abstract/Free Full Text]
- Bartov, E. (1993). The timing of asset sales and earnings management. The Accounting Review, 68, 840-855.
- Buchholtz, A., Amason, A., & Rutherford, M. (1999). Beyond resources: The mediating effect of top management discretion and values on corporate philanthropy. Business & Society, 38, 167-187.[Abstract/Free Full Text]
- DeFond, M., & Jiambalvo, J. (1994). Debt covenant violation and manipulation of accruals. Journal of Accounting and Economics, 17, 145-176.
- DiMaggio, P., & Powell, W. (1983). The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields. American Sociological Review, 48, 147-160.
- Eisenhardt, K. (1989). Agency theory: An assessment and review. Academy of Management Review, 14, 57-74.[CrossRef][ISI]
- Foster, G. (1986). Financial statement analysis (2nd ed.). Englewood Cliffs, NJ: Prentice Hall.
- Galaskiewicz, J. (1985a). Professional networks and the institutionalization of a single mind set. American Sociological Review, 50, 639-658.[CrossRef]
- Galaskiewicz, J. (1985b). Social organization of an urban grants economy: A study of business philanthropy and nonprofit organizations. Orlando, FL: Academic Press.
- Galaskiewicz, J. (1997). An urban grant economy revisited: Corporate charitable contributions in the twin cities, 1979-81, 1987-89. Administrative Science Quarterly, 42, 445-471.[CrossRef]
- Galaskiewicz, J., & Rauschenbach, B. (1988). The corporation-culture connection: A test of interorganizational theories. In C. Milofsky (Ed.), Community organizations: Studies in resource mobilization and exchange (pp. 119-135). New York: Oxford University Press.
- Granovetter, M. (1985). Economic action and social structure: The problem of embeddedness. American Journal of Sociology, 91, 481-510.[CrossRef]
- Jensen, M., & Meckling, W. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3, 305-360.[CrossRef][ISI]
- Lewin, T. (2001, February 19). In an uncertain climate, philanthropy is slowing. New York Times, section 3, p. 1.
- Logsdon, J., Reiner, M., & Burke, L. (1990). Corporate philanthropy: Strategic responses to firm’s stakeholders. Nonprofit and Voluntary Science Quarterly, 19, 93-109.
- McWilliams, A., & Siegel, D. (2001). Corporate social responsibility: A theory of the firm perspective. Academy of Management Review, 26, 117-127.
- Mintzberg, H. (1973). The nature of managerial work. New York: Harper & Row.
- Motz, B. (1992, November). Choosing a corporate structure when a non-resident invests in Canada. CMA Magazine, 66, 32.
- Picard, A. (1997). Acall to alms: The new face of charities in Canada. Toronto, Canada: Atkinson Charitable Foundation.
- Press, E., & Weintrop, J. (1990). Accounting-based constraints in public and private debt agreements: Their association with leverage and impact on accounting choice. Journal of Accounting and Economics, 12, 65-95.[CrossRef]
- Scott, W. (2003). Financial accounting theory (3rd ed.). Toronto, Canada: Prentice-Hall.
- Siegfried, J., McElroy, K., & Biernot-Fawkes, D. (1983). The management of corporate contributions. Research in Corporate Social Performance and Policy, 5, 87-102.
- Stewart, W. (1996). The charity game. Vancouver, Canada: Douglas & McIntyre.
- Thompson, J., Smith, H., & Hood, J. (1993). Charitable contributions by small businesses. Journal of Small Business Management, 31, 35-51.
- Useem, M. (1987). Corporate philanthropy. In W. Powell (Ed.), The nonprofit sector: A resource handbook (pp. 340-359). New Haven, CT: Yale University Press.
- Useem, M. (1991). Organizational and managerial factors in the shaping of corporate social and political action. Research in Corporate Social Performance and Policy, 12, 63-72.
- Useem, M., & Kutner, S. (1986). Corporate contributions to culture and the arts: The organization of giving and the influence of the chief executive officer and other firms on company contributions in Massachusetts. In P. DiMaggio (Ed.), Nonprofit organizations in the production and distribution of culture (pp. 93-112). New York: Oxford University Press.
- Watts, R., & Zimmerman, J. (1986). Positive accounting theory. Englewood Cliffs, NJ: Prentice Hall.
 CiteULike  Connotea  Del.icio.us  Digg  Reddit  Technorati What's this?
|
