| Does Distance Matter? Firm-Government Geographic Proximity and Strategic Corporate Philanthropy |
Received:October 16, 2017 Revised:October 20, 2017 |
Key Words: Geographic distance; corporate philanthropy; regional government corruption; emerging economy; distance decay theory |
| Author Name | Affiliation | | Wei Liu* | Discipline of International Business, The University of Sydney | | Jing Yu Yang0 | Discipline of International Business, The University of Sydney | | Yameng Zhang0 | University of Glasgow |
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Abstract: |
| This study examines the relationship between a firm’s geographic proximity to the local government and its corporate philanthropy in an emerging economy. Drawing on the geographic strategy literature and resource dependence theory, we argue that the geographic distance of a firm to the government increases the firm’s corporate donation. More important, this positive effect is weaker for firms with greater state ownership, but is
stronger when governments intervention is greater. Empirical analyses using a sample of 11,978 firm-year observations obtained from the publicly listed firms in China from 2008 to 2013 support our arguments. |
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