Disaster Relief Philanthropy: Can Corporate Giving Increase Firm Value? This project aims to investigate the stock price effects of corporate philanthropy by applying event study methods to the settin

Description

Disaster Relief Philanthropy: Can Corporate Giving Increase Firm Value? This project aims to investigate the stock price effects of corporate philanthropy by applying event study methods to the setting of natural disasters in a global dataset of corporate disaster-relief giving. Expected outcomes include the ability to identify the institutional and governance-related determinants of corporate giving and their effects on firm value and stock prices. This should provide significant benefits by contributing to a framework of corporate giving that can increase firms' incentives to provide disaster-relief giving and that can ensure donations are aligned with the needs of affected communities.. Scheme: Discovery Early Career Researcher Award. Field: 1502 - Banking, Finance and Investment. Lead: Dr Cara Vansteenkiste