Motivated by contemporary debates concerning whether directors inappropriately deploy corporate funds for corporate political donations and the limited research into managerial influence on corporate political donations, we examine the impact of director influences from a network perspective. Using a sample of...
As a direct response to this catastrophic event, massive donations from individuals, General market reaction While corporate philanthropy has become a reasonably common practice in recent times, whether it is a value-enhancing activity is unresolved. A diverse body of literature has emerged to provide...
we study whether and how CEO political orientation is a determinant of corporate lobbying, while controlling for firm-specific characteristics. First, we establish a new dataset consisting of the political donations made by the CEOs of publicly traded firms during the U.S. election cycles from 2000...
Political bodies may extract corporate resources (e.g., through requiring corporate donations or demanding that employees vote for their political parties or political candidates). Also, directors may use their political ties to gain (e.g. through winning the procurement of the government’s ...
Political donations grow as governance issue: disclosure of corporate political contributions comes second only to climate change as an activist shareholder cause. As the next major U.S. election draws closer, the issue is certain to get more top management attention.(GOVERNANCE)...
It's forbidden to use charitable contributions and donations to disguise corrupt activities. Effective measures must be taken to ensure transparency and legitimacy in making charitable contributions and donations. Huawei does not directly or indirectly participate in the political activities of any political...
In addition to the Global Policy on Anti-Corruption, LIXIL has also established Detailed Rules for Gift and Entertainment which further set out LIXIL's expected behaviors in relation to the giving and receiving of gifts and entertainment, the making of donations to political parties and other organ...
Rather, their disgusting political and twisted religious values are of far more importance and they demand that be your case as well. Some are owned by elitist families and some by their founders, but the majority are owned or at least controlled by a couple of major investment firms; namely...
We build on these prior studies, which document an overall relation between firm characteristics and their total political spending, by focusing on the degree of alignment between firms' sociopolitical claims and their political donations, i.e., politicians to whom they do and do not donate.3 ...
(Jia and Wang2013; Li et al.2015; Kim2017; Hao et al.2020; Yang and Tang2020). Given the enormous pressure faced by the government during the pandemic, philanthropic donations can be viewed as supporting the government. Thus, firms with the desire to obtain or maintain their political ...