STRATEGIC PHILANTHROPY: LITERATURE REVIEW

This literature review aims to enhance understanding of strategic philanthropy as a controversial topic at the intersection of business and society. It summarizes diverse definitions, approaches, and categorizations adopted by management scholars, identifying four main lines of inquiry: evolution and essence, theoretical foundations, empirical foundations, and impact measurement. The review concludes that the concept remains evolving, with various definitions and theoretical approaches. Implications for future research are provided, highlighting areas needing further exploration in corporate philanthropy studies.