Corporate Philanthropy in the Czech and Slovak Republics

Hanousek, Jan and Kocenda, Evzen and Svitkova, Katarina (2010) Corporate Philanthropy in the Czech and Slovak Republics. FINANCE A UVER-CZECH JOURNAL OF ECONOMICS AND FINANCE, 60 (2). pp. 102-121. ISSN 0015-1920,

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Abstract

We analyze corporate charitable behavior and the motivation for it in the Czech and Slovak Republics. In our quantitative study we distinguish different channels of support: sponsoring and giving. We 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.

Item Type: Article
Uncontrolled Keywords: PRIVATIZATION; PERFORMANCE; OWNERSHIP; CHARITY; TAXES;
Subjects: 900 History & geography > 940 General history of Europe
Divisions: Institute for East and Southeast European Studies (IESES)
Depositing User: Dr. Gernot Deinzer
Date Deposited: 17 Aug 2020 07:24
Last Modified: 17 Aug 2020 07:24
URI: https://pred.uni-regensburg.de/id/eprint/25456

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