Interesting new research from Christopher Marquis and Matthew Lee at Harvard Business School on key structural drivers of corporate philanthropy: gender of senior managers, CEO tenure and board structure all have an impact on a firm’s generosity…and you may find some of them counter-intuitive.
- Corporate philanthropy is highest in corporations with new CEOs, and decreases with the length of CEO tenure.
- The greater the proportion of female senior managers in a company, the greater the corporate philanthropic contributions will be.
- Companies with larger boards tend to have higher philanthropic contributions.
What impact might this have as you seek partners for your work?
