Do firm characteristics and ownership structure affect corporate philanthropic contributions in Jordan?

被引：25

作者：

Ananzeh, Husam ^{[1
]}

Alshurafat, Hashem ^{[2
]}

Hussainey, Khaled ^{[3
]}

机构：

[1] Irbid Natl Univ, Irbid, Jordan

[2] Hashemite Univ, Fac Econ & Adm Sci, Accounting Dept, Zarqa, Jordan

[3] Univ Portsmouth, Portsmouth, England

来源：

JOURNAL OF FINANCIAL REPORTING AND ACCOUNTING | 2022年 / 20卷 / 05期

关键词：

CSR; Jordan; Ownership structure; Corporate philanthropy; Firm characteristics; SOCIAL-RESPONSIBILITY; FINANCIAL PERFORMANCE; DISCLOSURE; DETERMINANTS; ORIENTATION; INVESTMENT; MANAGEMENT; REPUTATION; DIVERSITY; MARKET;

D O I：

10.1108/JFRA-08-2020-0249

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

PurposeThis paper aims to examine the drivers of corporate donations in Jordan. In particular, to examine whether firm-specific characteristics and ownership types affect corporate donations. Design/methodology/approachThe analysis is based on a sample of 94 Jordanian listed companies, drawn from the manufacturing and service sectors, over the period 2010-2016. This paper uses ordinary least square regression with a year and industry fixed effects to test the research hypotheses. FindingsThis paper finds that corporate philanthropic contributions are positively associated with company size, age, profitability, media exposure and governmental ownership. This paper also finds that corporate philanthropic contributions are negatively associated with financial leverage and family ownership. Originality/valueThe paper provides new evidence on the determinants of corporate philanthropic contributions in a developing country.

引用

页码：789 / 808

页数：20

共 87 条

[1]

Abdullah S.N., 2011, CORPORATE OWNERSHIP, DOI DOI 10.22495/COCV8I2C4P5

[2] Determinants of Related Party Transactions in Jordan: Financial and Governance Factors [J].