Disaster philanthropy: Exploring the power and influence of for-profit philanthropy in education development during pandemic times

This study investigates how corporate philanthropy diffuses within social and political network environments in China. Analyzing 1725 Chinese listed firms and 40,484 executives from 2010-2014, it reveals that corporate donation levels increase with higher social network centrality. Furthermore, political connections moderate the influence of social network centrality on corporate giving. The research provides empirical evidence for a theoretical framework of CSR interaction and communication influenced by social networks, offering insights into corporate philanthropic behavior.
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