公司治理结构对企业慈善捐助的影响研究——以灾害事件为背景  

Governance Structure of Listed Companies in China and Corporate Giving:an Investigation of Wenchuan Earthquake

作　　者：樊建锋[1,2] 田志龙[1] 

机构地区：[1]华中科技大学管理学院,武汉430074 [2]五邑大学管理学院,广东江门529020

出　　处：《经济问题》2010年第7期75-79,共5页On Economic Problems

基　　金：国家自然科学基金项目"消费者规范理性与企业善因行为及其关联性研究"(70672038)

摘　　要：探讨了在灾害事件背景下,中国上市公司的公司治理结构对企业慈善捐助数量的影响。研究结果表明:(1)企业股权的分散程度、董事长与总经理的合二为一性、董事会持股数量和高管薪酬与企业慈善捐助数量呈显著的正相关关系,而总经理持股数量与企业慈善捐助数量呈显著的负相关关系。(2)股权集中度、董事会规模、董事会中独立董事比例没有对企业慈善捐助数量产生明显影响。(3)在特大灾害事件背景下,与慈善代理理论相比,战略慈善理论、慈善的制度理论和资源依赖理论对中国上市公司的治理结构因素与慈善捐助数量间的关系有更强的解释能力。The relationship between charitable giving and corporate governance structure is explored in the Wake of the catastrophic events.The results show that the dispersion of corporate equity,the duality of CEO,stock ownership of broad,and executives＇ salary impose positive signi？cantly impact on the charitable giving amount.However,there is a negative significantly relationship between stock ownership of CEO and giving amount.Concentration of stock ownership,board size and the proportion of independent directors are not significantly correlated with the giving amount.Strategic philanthropy,institution theory and resource dependence theory have stronger explanatory power than charitable agency in the context of disaster events.

关 键 词：企业规模 公司治理结构 企业慈善 

分 类 号：F276.6[经济管理—企业管理]