Empirical Analysis of the Impact of Family Ownership and Family Control on Charitable Donation of Private Enterprises in Jiangsu Province of China

บทคัดย่อ

Charitable donation is one of the main social responsibilities of private enterprises. Research objective was to investigate whether or how family involvement affect the charitable donation of private enterprises in the most developed province of China. Research methodology included questionnaire investigation, random sampling and analysis of Logistic regression model, which was utilized to analyze the survey data from 400 small and medium-sized private enterprises in Jiangsu Province of China. Research results showed that family ownership and family control had a significant positive impact on the charitable donations of private enterprises, and political identity of private entrepreneurs had a positive correlation with corporate philanthropy, and the levels of business income and net profit rate of enterprises had a positive impact on the scale of corporate charitable donations. Hence, it was speculated that in the most developed provinces of China, the charitable donation activities of private enterprises with family ownership and control were the spontaneous consciousness and social responsibility consciousness of business owners or senior managers.