Board composition and corporate philanthropy
Journal of Business EthicsPublished 1 October 1992
Jia Wang, Betty S. Coffey
Citations422
SJR quartileQ1
SJR score3.04
SNIP3.01
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Abstract
Using agency theory, this study empirically examined the relationship between board composition and corporate philanthropy. Generally, the ratio of insiders to outsiders, the percentage of insider stock ownership, and the proportion of female and minority board members were found to be positively and significantly associated with firms' charitable contributions.
Keywords
Business, Management and Accounting
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