This study investigates the sustainability-related impacts of the Framing Hope program, an innovative private and nonprofit sector partnership between the nonprofit Good360 and The Home Depot. Specifically, this paper...This study investigates the sustainability-related impacts of the Framing Hope program, an innovative private and nonprofit sector partnership between the nonprofit Good360 and The Home Depot. Specifically, this paper estimates the energy savings, landfill space not filled, and the energy- and landfill-related cost savings associated with the Good360 product philanthropy program with The Home Depot, illustrating that benefits accrue to both company and communities by linkages between environmental, socioeconomic, and energy dimensions. Findings suggest that by redirecting products from the waste stream into usable community resources, considerable landfill space, costs, and energy savings were realized. Product donations can serve as an important platform for sustainable community development and capacity building. This research adds to the growing body of knowledge on environmental performance, corporate giving, and cross-sector partnerships in sustainable and social entrepreneurship.展开更多
An emerging body of literature has demonstrated that corporate philanthropy can be an important part of a company’s business strategy.However,we know relatively little about how companies allocate philanthropic resou...An emerging body of literature has demonstrated that corporate philanthropy can be an important part of a company’s business strategy.However,we know relatively little about how companies allocate philanthropic resources to achieve their strategic targets.Using geographical distribution data on corporate philanthropy in China from 2009 to 2016,we provide robust evidence of companies’revenue-driven regional favoritism.Specifically,companies donate more to regions where they obtain revenue than to other regions.Further evidence suggests that this revenue-driven regional favoritism may have both reputational and political motivations.Further analysis suggests that China’s targeted poverty alleviation policy has compromised revenue-driven regional favoritism while increasing the amount of money donated to poor regions.Overall,we enrich understanding of decision-making on corporate philanthropy.We also demonstrate that companies can use the geographical distribution of corporate philanthropy strategically to obtain consumer and government favor in regions where they operate.The results also provide evidence at the micro company level of the effect of China’s implementation of a targeted poverty alleviation policy.展开更多
文摘This study investigates the sustainability-related impacts of the Framing Hope program, an innovative private and nonprofit sector partnership between the nonprofit Good360 and The Home Depot. Specifically, this paper estimates the energy savings, landfill space not filled, and the energy- and landfill-related cost savings associated with the Good360 product philanthropy program with The Home Depot, illustrating that benefits accrue to both company and communities by linkages between environmental, socioeconomic, and energy dimensions. Findings suggest that by redirecting products from the waste stream into usable community resources, considerable landfill space, costs, and energy savings were realized. Product donations can serve as an important platform for sustainable community development and capacity building. This research adds to the growing body of knowledge on environmental performance, corporate giving, and cross-sector partnerships in sustainable and social entrepreneurship.
基金supported by the Humanities and Social Sciences Fund of the Ministry of Education(18YJA630041)the National Natural Science Foundation of China(71902161)
文摘An emerging body of literature has demonstrated that corporate philanthropy can be an important part of a company’s business strategy.However,we know relatively little about how companies allocate philanthropic resources to achieve their strategic targets.Using geographical distribution data on corporate philanthropy in China from 2009 to 2016,we provide robust evidence of companies’revenue-driven regional favoritism.Specifically,companies donate more to regions where they obtain revenue than to other regions.Further evidence suggests that this revenue-driven regional favoritism may have both reputational and political motivations.Further analysis suggests that China’s targeted poverty alleviation policy has compromised revenue-driven regional favoritism while increasing the amount of money donated to poor regions.Overall,we enrich understanding of decision-making on corporate philanthropy.We also demonstrate that companies can use the geographical distribution of corporate philanthropy strategically to obtain consumer and government favor in regions where they operate.The results also provide evidence at the micro company level of the effect of China’s implementation of a targeted poverty alleviation policy.