Having, Giving, and Getting: Slack Resources, Corporate Philanthropy, and Firm Financial Performance

By Bruce Seifert, Sara A. Morris, Barbara R. Bartkus. 2004

548 citations recorded by the source corpus.

Subfields: Information Systems and Management, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/d43b08cf6b4a36b6a5842a3280fc9c8e17eb5a5a

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Information Systems and Management

1. M. Soana
2. Jaepil Choi
3. Weisheng Lu
4. N. Boso
5. S. Chiu
6. Christopher Marquis
7. A. Danso
8. Joseph Ofori-Dankwa

In Marketing

1. Cuili Qian
2. M. Soana
3. M. Skitmore
4. Jaepil Choi
5. Weisheng Lu
6. N. Boso
7. S. Chiu
8. Christopher Marquis

In Strategy and Management

1. Cuili Qian
2. Joseph Ofori-Dankwa
3. Scott D. Julian
4. Ping-Sheng Koh
5. Heli Wang
6. Jiatao Li
7. Christopher Marquis
8. M. Soana

Citations in the corpus

• Too Little or Too Much? Untangling the Relationship Between Corporate Philanthropy and Firm Financial Performance (2008, methodology): “Industry dummies were included in the regression because earlier research (e.g., Seifert et al. 2004) had shown that clear differences in corporate philanthropy exist among industries.”
• Virtuous nexus between corporate social performance and financial performance: a study of construction enterprises in China (2016, background): “For example, retained earnings per share is used as a measure to reflect slack resources, as measures such as ROE and profit margins do not reflect exactly how much is left for discretionary use (Seifert et al., 2004).”
• CSR and Firm Value: Evidence from China (2018, background): “Slack resource was calculated as the ratio of cash flow to total assets of the firm, which has been regarded as a vital factor in the enterprises [90].”
• The Relationship Between Corporate Social Performance and Corporate Financial Performance in the Banking Sector (2011, result): “positive relationship between CSP and CFP, one (Ogden and Watson 1999) shows a negative relationship, and no relationship is found at all in five studies (Fogler and Nutt 1975; Chen and Metcalf 1980; Ogden and Watson 1999; Seifert et al. 2004; Core et al. 2006).”
• Firm Litigation Risk and the Insurance Value of Corporate Social Performance (2013, background): “Following the slack resources arguments (e.g., Seifert, Morris, and Bartkus, 2004), high litigation risk industries may have better financial performance, which simultaneously leads to a higher CSP.”
• Legitimacy, Visibility, and the Antecedents of Corporate Social Performance: An Investigation of the Instrumental Perspective (2011, background): “To this point, Seifert et al. (2004) found that high slack resources lead to higher corporate philanthropy—again actions that are highly visible to stakeholders.”
• Is philanthropy being used by corporate wrongdoers to buy good will? (2010, background): “For example, Seifert et al. (2004) found that monetary or philanthropic donations do not affect a firm’s financial performance.”