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.
We use essential and analytics cookies to operate this website and understand how visitors interact with it. As this site also functions as a login identity provider (IDP) for other ISDM portals, some cookies are necessary to enable secure authentication. By continuing to use this site, you consent to our use of cookies.
