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Institutional drivers for corporate philanthropic activities in China: Mediating roles of top management participation
Author(s) -
Ouyang Zhe,
Cheng Peng,
Liu Yang,
Yang Ruiju
Publication year - 2019
Publication title -
corporate social responsibility and environmental management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.519
H-Index - 73
eISSN - 1535-3966
pISSN - 1535-3958
DOI - 10.1002/csr.1796
Subject(s) - business , normative , china , institutional theory , perspective (graphical) , control (management) , resource dependence theory , resource (disambiguation) , survey data collection , public relations , marketing , political science , management , economics , computer network , statistics , mathematics , artificial intelligence , computer science , law
On the basis of institutional theory and upper echelon perspective, this study develops and tests an integrative model that links institutional pressures to corporate philanthropy through the top management. Specifically, the mediating influences of top management participation and the moderating roles of resource availability and regulatory control in these relationships are investigated. Results of a survey of 207 Chinese firms suggest that coercive, mimetic, and normative pressures are significantly related to top management participation. Top management participation has a significant mediating effect on the relationship among coercive, normative, and corporate philanthropic activities. Furthermore, results indicate that resource availability positively moderates the relationships between institutional pressures and corporate philanthropic activities, whereas regulatory control negatively moderates these relationships. The theoretical and managerial implications of this study are discussed.