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Talk the Walk: Measuring the Impact of Strategic Philanthropy

1 January 1970
Academic / Journal Article
Publisher : Journal of Business Ethics

19573

This empirical study examines how strategic philanthropy is operationalized in over 500 firms listed on the Dow Jones Sustainability Index (DJSI). Drawing on institutional, legitimacy, and accounting theories, it investigates the measurement of philanthropic impact across dimensions like society, business outcomes, and reputation. The study finds that between 62% and 76% of DJSI firms measure some form of impact, with increasing trends over time. Larger firms, those with higher philanthropic expenditures, and those in the financial sector or from Europe and North America are more likely to engage in robust impact measurement.

Author(s) :

Karen Mass Kellie Liket

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Key topics

Corporate social responsibility

Also found in

Ethical Governance, Accountability, and Compliance Financial Stewardship, Sustainability, & Accountability

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