期刊名称：International Journal of Business and Management
印刷版ISSN：1833-3850
电子版ISSN：1833-8119
出版年度：2015
卷号：10
期号：8
页码：29
DOI：10.5539/ijbm.v10n8p29
出版社：Canadian Center of Science and Education
摘要：To date, there is no conclusive evidence on whether current domestic giving impacts future financialperformance. In addition, no one seems to have investigated whether foreign charitable contributions or globalcharitable contributions made by US service firms impact subsequent financial performance. In this paper, usingthe Kinder, Lydenberg, Domini data base (where only the incidence of domestic/foreign giving are recorded) andlogit regression methodology, we show that there is a strong positive correlation between the incidence ofcurrent domestic giving by US service firms and future financial performance for the 2004-2014 period.However, the incidence of current foreign giving (or foreign and domestic giving) does not seem to result infuture financial benefits for US service firms. Specifically, after controlling for the variables traditionallyassociated with giving (foreign and/or domestic), the incidence of current giving is only strongly positivelyassociated with future financial performance for the domestic giving sample.
其他摘要：To date, there is no conclusive evidence on whether current domestic giving impacts future financialperformance. In addition, no one seems to have investigated whether foreign charitable contributions or globalcharitable contributions made by US service firms impact subsequent financial performance. In this paper, usingthe Kinder, Lydenberg, Domini data base (where only the incidence of domestic/foreign giving are recorded) andlogit regression methodology, we show that there is a strong positive correlation between the incidence ofcurrent domestic giving by US service firms and future financial performance for the 2004-2014 period.However, the incidence of current foreign giving (or foreign and domestic giving) does not seem to result infuture financial benefits for US service firms. Specifically, after controlling for the variables traditionallyassociated with giving (foreign and/or domestic), the incidence of current giving is only strongly positivelyassociated with future financial performance for the domestic giving sample.
