Polytechnic University of Valencia Congress, 1st International Conference on Business Management

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Patterns in the Philanthropic Behaviour of Spanish listed companies
Beatriz García-Ortega, Blanca de-Miguel-Molina, Vicente Chirivella-González

Last modified: 26-08-2015


This paper examines philanthropic activities carried out by the companies listed on the Spanish stock market. The analysis is based on the result of a survey sent to companies listed on the IBEX-35 and on the Madrid‘s stock market. Results indicate that: a) there exist differences between IBEX-listed and non-listed companies in relation to organisation of philanthropic activities; b) objectives more frequently pursued by companies are image, competitive strategy and social responsibility; c)the majority of companies include philanthropic activities which produce economic, social and environmental impact; and d) when companies invest in projects producing the three impacts, they tend to base decisions on economic criteria.

DOI: http://dx.doi.org/10.4995/ICBM.2015.1328



Corporate Philanthropy; Strategic; Stock Market; IBEX35

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