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Corporate Philanthropy in the Czech and Slovak Republics

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Abstract

The authors analyze corporate charitable behavior and the motivation for it in the Czech and Slovak Republics. In their quantitative study they distinguish different channels of support: sponsoring and giving. They do not find evidence supporting the usual claim that foreign firms give more than domestic ones, but the results suggest that foreign firms give to maximize profits more often than domestic ones. The Czech Republic leads in giving over Slovakia, where the importance of large and international firms is higher. No significant decline in giving is found in Slovakia after changes in its tax legislation made giving more expensive.

Suggested Citation

  • Jan Hanousek & Evžen Koèenda & Katarína Svítková, 2010. "Corporate Philanthropy in the Czech and Slovak Republics," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 60(2), pages 102-121, May.
    • Handle: RePEc:fau:fauart:v:60:y:2010:i:2:p:102-121
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    File URL: http://journal.fsv.cuni.cz/storage/1181_102-121---hanousek.pdf
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    Cited by:

    1. repec:prg:jnlcfu:v:2021:y:2021:i:1:id:554 is not listed on IDEAS
    2. Kubickova Klara, 2021. "Drivers of Strategic Approach to Philanthropy in the Czech Republic," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 29(3), pages 86-113, September.
    3. Katarína Svítková, 2013. "Certification and Its Impact on Quality of Charities," Prague Economic Papers, Prague University of Economics and Business, vol. 2013(4), pages 542-557.

    More about this item

    Keywords

    corporate philanthropy; corporate giving; sponsoring; survey data; economic transformation; tax treatment;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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