Institutional Disruptions and the Philanthropy of Multinational Firms

References

• Acemoglu D, Johnson S, Robinson JA (2005) (Chapter 6) Institutions as a fundamental cause of long-run growth. Handbook of Economic Growth 1:385–472.Crossref, Google Scholar
• Aghion P, Bloom N, Lucking B, Sadun R, Van Reenen J (2021) Turbulence, firm decentralization, and growth in bad times. Amer. Econom. J. Appl. Econom. (1):133–169.Google Scholar
• Aguilera RV, Grøgaard B (2019) The dubious role of institutions in international business: A road forward. J. Internat. Bus. Stud. 50(1):20–35.Crossref, Google Scholar
• Aguilera RV, Rupp DE, Williams CA, Ganapathi J (2007) Putting the S back in corporate social responsibility: A multilevel theory of social change in organizations. Acad. Management Rev. 32(3):836–863.Crossref, Google Scholar
• Ahuja G, Yayavaram S (2011) Perspective—Explaining influence rents: The case for an institutions-based view of strategy. Organ. Sci. 22(6):1631–1652.Link, Google Scholar
• Alcácer J, Chung W (2007) Location strategies and knowledge spillovers. Management Sci. 53(5):760–776.Link, Google Scholar
• Alfaro L, Chen MX (2012) Surviving the global financial crisis: Foreign ownership and establishment performance. Amer. Econom. J. Econom. Policy 4(3):30–55.Crossref, Google Scholar
• Altay N, Ramirez A (2010) Impact of disasters on firms in different sectors: Implications for supply chains. J. Supply Chain Management 46(4):59–80.Crossref, Google Scholar
• Anand S, Sen A (2000) The income component of the human development index. J. Human Development 1(1):83–106.Crossref, Google Scholar
• Andreoni J (2006) Philanthropy. Kolm SC, Ythier JM, eds. Handbook of Giving, Reciprocity Altruism.(North Holland, Amsterdam), 1201–1269.Crossref, Google Scholar
• Baker SR, Bloom N, Terry SJ (2020) Using disasters to estimate the impact of uncertainty. NBER Working Paper No. 40.Google Scholar
• Ballesteros L (2019) How firms bring social innovation and efficiency to the global effort to recover from national uncertainty shocks. George G, Baker T, Tracey P, Joshi H, eds. Handbook of Inclusive Innovation (Edward Elgar Publishing, United Kingdom of Great Britain and Northern Ireland), 225–247.Crossref, Google Scholar
• Ballesteros L, Gatignon A (2019) The relative value of firm and nonprofit experience: Tackling large-scale social issues across institutional contexts. Strategic. Management J. 40(4):631–657.Crossref, Google Scholar
• Ballesteros L, Kunreuther H (2018) Organizational decision making under uncertainty shocks. National Bureau Economic Research Working Paper Series 24924.Google Scholar
• Ballesteros L, Pamphile V (2021) Is labor productivity more sensitive to corporate philanthropy toward welfare shocks or chronic conditions? Available at SSRN: https://ssrn.com/abstract=3831440 or http://dx.doi.org/10.2139/ssrn.3831440.Google Scholar
• Ballesteros L, Useem M, Wry T (2017) Masters of disasters? An empirical analysis of how societies benefit from corporate disaster aid. Acad. Management J. 60(5):1682–1708.Crossref, Google Scholar
• Ballesteros L, Wry T, Useem M (2019) Halos or horns? Reputation and the contingent financial returns to non-market behavior. GLOB˜S Working Paper Series 2.Google Scholar
• Banalieva ER, Eddleston KA, Zellweger TM (2015) When do family firms have an advantage in transitioning economies? Toward a dynamic institution-based view. Strategic Management J. 36(9):1358–1377.Crossref, Google Scholar
• Barro RJ (2009) Rare disasters, asset prices, and welfare costs. Amer. Econom. Rev. 99(1):243–264.Crossref, Google Scholar
• Becerra O, Cavallo E, Noy I (2014) Foreign aid in the aftermath of large natural disasters. Rev. Development Econom. 18(3):445–460.Crossref, Google Scholar
• Becerra O, Cavallo E, Noy I (2015) Where is the money? Post-disaster foreign aid flows. Environ. Development Econom. 20(5):561–586.Crossref, Google Scholar
• Bénabou R, Tirole J (2010) Individual and corporate social responsibility. Economica 77(305):1–19.Crossref, Google Scholar
• Berry H, Guillén MF, Zhou N (2010) An institutional approach to cross-national distance. J. Internat. Bus. Stud. 41(9):1460–1480.Crossref, Google Scholar
• Bertrand M, Bombardini M, Fisman RJ, Trebbi F (2020) Tax-exempt lobbying: Corporate philanthropy as a tool for political influence. Amer. Econom. Rev. 110(7):2065–2102.Crossref, Google Scholar
• Blackwell M, Honaker J, King G (2017) A unified approach to measurement error and missing data: Details and extensions. Sociol. Methods Res. 46(3):342–369.Crossref, Google Scholar
• Bloom N (2009) The impact of uncertainty shocks. Econometrica 77(3):623–685.Crossref, Google Scholar
• Bloom N, Floetotto M, Jaimovich N, Saporta-Eksten I, Terry SJ (2018) Really uncertain business cycles. Econometrica 86(3):1031–1065.Crossref, Google Scholar
• Boehm CE, Flaaen A, Pandalai-Nayar N (2019) Input linkages and the transmission of shocks: Firm-level evidence from the 2011 Tohoku earthquake. Rev. Econom. Statist. 101(1):60–75.Crossref, Google Scholar
• Bonardi JP (2004) Global and political strategies in deregulated industries: The asymmetric behaviors of former monopolies. Strategic Management J. 25(2):101–120.Crossref, Google Scholar
• Bonardi JP, Hillman AJ, Keim GD (2005) The attractiveness of political markets: Implications for firm strategy. Acad. Management Rev. 30(2):397–413.Crossref, Google Scholar
• Boutilier RG, Thomson I (2011) Modelling and measuring the social license to operate: Fruits of a dialogue between theory and practice. Social Licence 1:1–10Google Scholar
• Buchanan JM (1965) An economic theory of clubs. Economica 32(125):1–14.Crossref, Google Scholar
• Cabral S, Mahoney JT, McGahan AM, Potoski M (2019) Value creation and value appropriation in public and nonprofit organizations. Strategic Management J. 40(4):465–475.Crossref, Google Scholar
• Camerer CF, Fehr E (2005) Measuring social norms and preferences using experimental games: A guide for social scientists. Henrich JP, Boyd R, Bowles S, Camerer CF, Fehr E, Gintis H, eds. Foundations of Human Sociality: Economic Experiments and Ethnographic Evidence in Fifteen Small-Scale Societies (Foundations of human sociality, Oxford University Press, New York), 55–95.Google Scholar
• Cavallo A, Cavallo E, Rigobon R (2014) Prices and supply disruptions during natural disasters. Rev. Income Wealth 60(S2):S449–S471.Crossref, Google Scholar
• Cavallo E, Galiani S, Noy I, Pantano J (2013) Catastrophic natural disasters and economic growth. Rev. Econom. Statist. 95(5):1549–1561.Crossref, Google Scholar
• Chakrabarti A, Vidal E, Mitchell W (2011) Business transformation in heterogeneous environments: The impact of market development and firm strength on retrenchment and growth reconfiguration. Global Strategy J. 1(1–2):6–26.Crossref, Google Scholar
• Chan CM, Isobe T, Makino S (2008) Which country matters? Institutional development and foreign affiliate performance. Strategic Management J. 29(11):1178–1205.Crossref, Google Scholar
• Charness G, Rabin M (2002) Understanding social preferences with simple tests. Quart. J. Econom. 117(3):817–869.Crossref, Google Scholar
• Chittoor R, Sarkar MB, Ray S, Aulakh PS (2009) Third-world copycats to emerging multinationals: Institutional changes and organizational transformation in the Indian pharmaceutical industry. Organ. Sci. 20(1):187–205.Link, Google Scholar
• Coase RH (1960) The Problem of Social Cost (Springer, London), 87–137.Crossref, Google Scholar
• Coase RH (2012) The firm, the market, and the law (University of Chicago Press).Google Scholar
• Cohen C, Werker ED (2008) The political economy of “natural” disasters. J. Conflict Resolution 52(6):795–819.Crossref, Google Scholar
• Copeland CW (2005) Regulatory waivers and extensions pursuant to Hurricane Katrina. (Congressional Research Service, the Library of Congress).Google Scholar
• Crampton W, Patten D (2008) Social responsiveness, profitability and catastrophic events: Evidence on the corporate philanthropic response to 9/11. J. Bus. Ethics 81(4):863–873.Crossref, Google Scholar
• De Alessi L (1975) Toward an analysis of postdisaster cooperation. Amer. Econom. Rev. 65(1):127–138.Google Scholar
• Deryugina T, Kawano L, Levitt S (2018) The economic impact of Hurricane Katrina on its victims: Evidence from individual tax returns. Amer. Econom. J. Appl. Econom. 10(2):202–233.Crossref, Google Scholar
• Doh J, Rodrigues S, Saka-Helmhout A, Makhija M (2017) International business responses to institutional voids. J. Internat. Bus. Stud. 48(3):293–307.Crossref, Google Scholar
• Dorobantu S, Kaul A, Zelner B (2017) Nonmarket strategy research through the lens of new institutional economics: An integrative review and future directions. Strategic Management J. 38(1):114–140.Crossref, Google Scholar
• Douty C (1972) Disasters and charity: Some aspects of cooperative economic behavior. Amer. Econom. Rev. 62(4):580–590.Google Scholar
• Dutt N, Hawn O, Vidal E, Chatterji A, McGahan A, Mitchell W (2016) How open system intermediaries address institutional failures: The case of business incubators in emerging-market countries. Acad. Management J. 59(3):818–840.Crossref, Google Scholar
• Dye KC, Eggers JP, Shapira Z (2014) Trade-offs in a tempest: Stakeholder influence on hurricane evacuation decisions. Organ. Sci. 25(4):1009–1025.Link, Google Scholar
• Dyer JH (1996) Specialized supplier networks as a source of competitive advantage: Evidence from the auto industry. Strategic Management J. 17(4):271–291.Crossref, Google Scholar
• Eisensee T, Strömberg D (2007) News droughts, news floods, and US disaster relief. Quart. J. Econom. 122(2):693–728.Crossref, Google Scholar
• Elfenbein DW, Zenger TR (2014) What is a relationship worth? Repeated exchange and the development and deployment of relational capital. Organ. Sci. 25(1):222–244.Link, Google Scholar
• Exley C (2018) Incentives for prosocial behavior: The role of reputations. Management Sci. 64(5):2460–2471.Link, Google Scholar
• Farny S, Kibler E, Down S (2019) Collective emotions in institutional creation work. Acad. Management J. 62(3):765–799.Crossref, Google Scholar
• Fehr E, Fischbacher U (2002) Why social preferences matter—The impact of non-selfish motives on competition, cooperation and incentives. Econom. J. (London) 112(478):1–33.Google Scholar
• Fehr E, Naef M, Schmidt KM (2006) Inequality aversion, efficiency, and maximin preferences in simple distribution experiments. Amer. Econom. Rev. 96(5):1912–1917.Crossref, Google Scholar
• Federal Emergency Management Agency (2015) Make your business resilient. Retrieved September 9, 2018, https://www.fema.gov/media-library/assets/images/116921.Google Scholar
• Ferris E, Solis M (2013) Earthquake, tsunami, meltdown—The triple disaster’s impact on Japan, impact on the world. Up Front. blog post. Accessed July 2, 2015, http://www.brookings.edu/blogs/up-front/posts/2013/03/11-japan-earthquake-ferris-solis.Google Scholar
• Flammer C, Hong B, Minor D (2019) Corporate governance and the rise of integrating corporate social responsibility criteria in executive compensation: effectiveness and implications for firm outcomes. Strategic Management J. 40(7):1097–1122.Crossref, Google Scholar
• Fletcher P, Guyler Delva J (2010) Preview—Haiti, donors face huge task to “build back better.” Reuters. Accessed December 18, 2019, https://www.reuters.com/article/quake-haiti-donors-idUSN2822043320100328.Google Scholar
• Flores RG, Aguilera RV (2007) Globalization and location choice: An analysis of US multinational firms in 1980 and 2000. J. Internat. Bus. Stud. 38(7):1187–1210.Crossref, Google Scholar
• Forbes (2011) Japan quake, tsunami take heavy toll on Toyota. Forbes Online (April 8), https://www.forbes.com/sites/greatspeculations/2011/04/08/japan-quake-tsunami-take-heavy-toll-on-toyota/#379f8bf361b4.Google Scholar
• Franks S (2013) Reporting Disasters: Famine, Aid, Politics and the Media (Hurst Publishers, New York).Google Scholar
• Garrett BL, Tetlow T (2006) Criminal justice collapse: The constitution after Hurricane Katrina. Duke Law J. 56(1):127–178.Google Scholar
• George G, Howard-Grenville J, Joshi A, Tihanyi L (2016) Understanding and tackling societal grand challenges through management research. Acad. Management J. 59(6):1880–1895.Crossref, Google Scholar
• Gopalan R, Nanda V, Seru A, Carey WP (2007) Affiliated firms and financial support: Evidence from Indian business groups. J. Financial Econom. 86(3):759–795.Crossref, Google Scholar
• Gubbi SR, Aulakh PS, Ray S (2015) International search behavior of business group affiliated firms: Scope of institutional changes and intragroup heterogeneity. Organ. Sci. 26(5):1485–1501.Link, Google Scholar
• Hadani M, Schuler DA (2013) In search of El Dorado: The elusive financial returns on corporate political investments. Strategic Management J. 34(2):165–181.Crossref, Google Scholar
• Henisz WJ (2000) The institutional environment for economic growth. Econom. Politics 12(1):1–31.Crossref, Google Scholar
• Henisz WJ, Dorobantu S, Nartey LJ (2014) Spinning gold: The financial returns to stakeholder engagement. Strategic Management J. 35(12):1727–1748.Crossref, Google Scholar
• High-Level Panel on Humanitarian Financing (2016) Too Important to Fail — Addressing the Humanitarian Financing Gap (New York).Google Scholar
• Hillman A, Keim G (1995) International variation in the business-government interface: Institutional and organizational considerations. Acad. Management Rev. 20(1):193–214.Crossref, Google Scholar
• Hillman AJ, Keim GD, Schuler D (2004) Corporate political activity: A review and research agenda. J. Management 30(6):837–857.Google Scholar
• Honaker J, King G (2010) What to do about missing values in time‐series cross‐section data. Amer. J. Political Sci. 54(2):561–581.Crossref, Google Scholar
• Hornstein AS, Zhao M (2018) Reaching through the fog: Institutional environment and cross-border giving of corporate foundations. Strategic Management J. 39(10):2666–2690.Crossref, Google Scholar
• Hosono K, Miyakawa D, Uchino T, Hazama M, Ono A, Uchida H, Uesugi I (2016) Natural disasters, damage to banks, and firm investment. Internat. Econom. Rev. 57(4):1335–1370.Crossref, Google Scholar
• Iacus SM, King G, Porro G (2011) Causal inference without balance checking: Coarsened exact matching. Political Anal. 20(1):1–24.Crossref, Google Scholar
• Kahn ME (2005) The death toll from natural disasters: The role of income, geography, and institutions. Rev. Econom. Statist. 87(2):271–284.Crossref, Google Scholar
• Kaufmann D, Kraay A, Mastruzzi M (2011) The worldwide governance indicators: Methodology and analytical issues. Hague J. Rule Law 3(2):220–246.Crossref, Google Scholar
• Kaul A, Luo J (2017) An economic case for CSR: The comparative efficiency of for-profit firms in meeting consumer demand for social goods. Strategic Management J. 39(6):1650–1677.Crossref, Google Scholar
• Khanna T, Palepu K (1997) Why focused strategies may be wrong for emerging markets. Harvard Bus. Rev. 75(4):41–48.Google Scholar
• Kitzmueller M, Shimshack J (2012) Economic perspectives on corporate social responsibility. J. Econom. Literature 50(1):51–84.Crossref, Google Scholar
• Klüppel LM, Pierce L, Snyder JA (2018) The deep historical roots of organization and strategy: Traumatic shocks, culture, and institutions. Organ. Sci. 29(4):702–721.Link, Google Scholar
• Kolsarici C, Vakratsas D (2015) Correcting for misspecification in parameter dynamics to improve forecast accuracy with adaptively estimated models. Management Sci. 61(10):2495–2513.Link, Google Scholar
• Kozeniauskas N, Orlik A, Veldkamp L (2018) What are uncertainty shocks? J. Monetary Econom. 100(C):1–15.Crossref, Google Scholar
• Kunreuther H, Useem M (2018) Mastering Catastrophic Risk: How Companies Are Coping with Disruption (Oxford University Press, New York).Google Scholar
• Lev B, Petrovits C, Radhakrishnan S (2010) Is doing good good for you? How corporate charitable contributions enhance revenue growth. Strategic Management J. 31(2):182–200.Crossref, Google Scholar
• Liang H, Renneboog L (2017) On the foundations of corporate social responsibility. J. Finance 72(2):853–910.Crossref, Google Scholar
• Luo J, Kaul A (2019) Private action in public interest: The comparative governance of social issues. Strategic Management J. 40(4):476–502.Crossref, Google Scholar
• Luo XR, Chung CN (2013) Filling or abusing the institutional void? Ownership and management control of public family businesses in an emerging market. Organ. Sci. 24(2):591–613.Link, Google Scholar
• Luo XR, Zhang J, Marquis C (2016) Mobilization in the internet age: Internet activism and corporate response. Acad. Management J. 59(6):2045–2068.Crossref, Google Scholar
• Magelssen C (2020) Allocation of property rights and technological innovation within firms. Strategic Management J. 41(4):758–787.Crossref, Google Scholar
• Mair J, Marti I (2009) Entrepreneurship in and around institutional voids: A case study from Bangladesh. J. Bus. Venturing 24(5):419–435.Crossref, Google Scholar
• Marquis C, Battilana J (2009) Acting globally but thinking locally? The enduring influence of local communities on organizations. Res. Organ. Behav. 29:283–302.Crossref, Google Scholar
• Marquis C, Qian C (2014) Corporate social responsibility reporting in China: Symbol or substance? Organ. Sci. 25(1):127–148.Link, Google Scholar
• Marquis C, Tilcsik A (2016) Institutional equivalence: How industry and community peers influence corporate philanthropy. Organ. Sci. 27(5):1325–1341.Link, Google Scholar
• Marquis C, Davis GF, Glynn MA (2013) Golfing alone? Corporations, elites, and nonprofit growth in 100 American communities. Organ. Sci. 24(1):39–57.Link, Google Scholar
• Miyakawa and Hosono (2014) How natural disasters affect banking. World Econom. Forum 1(4):53.Google Scholar
• Morgan J, Tumlinson J (2019) Corporate provision of public goods. Management Sci. 65(10):4489–4504.Link, Google Scholar
• Muller A, Kräussl R (2011) Doing good deeds in times of need: A strategic perspective on corporate disaster donations. Strategic Management J. 32(9):911–929.Crossref, Google Scholar
• Nelson RR (1995) Recent evolutionary theorizing about economic change. J. Econom. Literature 33(1):48–90.Google Scholar
• Newman KL (2000) Organizational transformation during institutional upheaval. Acad. Management Rev. 25(3):602–619.Crossref, Google Scholar
• Oetzel JM, Oh CH (2014) Learning to carry the cat by the tail: Firm experience, disasters, and multinational subsidiary entry and expansion. Organ. Sci. 25(3):732–756.Link, Google Scholar
• Oetzel J, Oh CH (2021) A storm is brewing: Antecedents of disaster preparation in risk prone locations. Strategic Management J. (September):1–26.Crossref, Google Scholar
• Patten DM (2008) Does the market value corporate philanthropy? Evidence from the response to the 2004 tsunami relief effort. J. Bus. Ethics 81(3):599–607.Crossref, Google Scholar
• Peng MW (2003) Institutional transitions and strategic choices. Acad. Management Rev. 28(2):275–296.Crossref, Google Scholar
• Rodríguez AM, Sanchez H (2012) Lessons from Japan: brand responses to national crises. The Guardian Online (March 11), https://www.theguardian.com/media-network/media-network-blog/2012/mar/11/japan-brand-responses-national-crisis.Google Scholar
• Sandler T (2013) Buchanan clubs. Constitutional Political Econom. 24(4):265–284.Crossref, Google Scholar
• Servaes H, Tamayo A (2013) The impact of corporate social responsibility on firm value: The role of customer awareness. Management Sci. 59(5):1045–1061.Link, Google Scholar
• Small DA (2010) Reference-dependent sympathy. Organ. Behav. Human Decision Processes 112(2):151–160.Crossref, Google Scholar
• Small DA, Simonsohn U (2008) Friends of victims: Personal experience and prosocial behavior. J. Consumer Res. 35(3):532–542.Crossref, Google Scholar
• Stromberg D (2007) Natural disasters, economic development, and humanitarian aid. J. Econom. Perspect. 21(3):199–222.Crossref, Google Scholar
• Tilcsik A, Marquis C (2013) Punctuated generosity: How mega-events and natural disasters affect corporate philanthropy in U.S. Communities. Admin. Sci. Quart. 58(1):111–148.Crossref, Google Scholar
• Tomasini R, Van Wassenhove L (2009) Humanitarian Logistics(Palgrave Macmillan, London).Crossref, Google Scholar
• Toulan ON (2002) The impact of market liberalization on vertical scope: The case of Argentina. Strategic Management J. 23(6):551–560.Crossref, Google Scholar
• Useem M, Kunreuther H, Michel-Kerjan E (2015) Leadership Dispatches: Chile’s Extraordinary Comeback from Disaster (Stanford University Press, Stanford, California).Crossref, Google Scholar
• Vakili K, McGahan AM (2016) Healthcare’s grand challenge: Stimulating basic science on diseases that primarily afflict the poor. Acad. Management J. 59(6):1917–1939.Crossref, Google Scholar
• Wilburn KM, Wilburn R (2011) Achieving social license to operate using stakeholder theory. J. Internat. Bus. Ethics 4(2):1–72.Google Scholar
• Williamson OE (1991) Comparative economic organization: The analysis of discrete structural alternatives. Admin. Sci. Quart. 36(2):269–296.Crossref, Google Scholar
• Williamson OE (1998) Transaction cost economics: How it works; where it is headed. Economist 146(1):23–58.Crossref, Google Scholar
• Wu B, Chang SJ (2014) Institutional barriers and industry dynamics. Strategic Management J. 35(8):1103–1123.Crossref, Google Scholar
• Yildirim H (2014) Andreoni-McGuire algorithm and the limits of warm-glow giving. J. Public Econom. 114:101–107.Crossref, Google Scholar
• Zhang J, Luo XXR (2013) Dared to care: Organizational vulnerability, institutional logics, and MNCs’ social responsiveness in emerging markets. Organ. Sci. 24(6):1742–1764.Link, Google Scholar
• Zhang J, Marquis C, Qiao K (2016) Do political connections buffer firms from or bind firms to the government? A study of corporate charitable donations of Chinese firms. Organ. Sci. 27(5):1307–1324.Link, Google Scholar
• Zhang X (2016) Measuring media reputation: A test of the construct validity and predictive power of seven measures. J. Mass Comm. Quart. 93(4):884–905.Crossref, Google Scholar