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Putting the "Love of Humanity" Back in Corporate Philanthropy: The Case of Health Grants by Corporate Foundations.

Authors :
Boodoo, Muhammad Umar
Henriques, Irene
Husted, Bryan W.
Source :
Journal of Business Ethics; Jun2022, Vol. 178 Issue 2, p415-428, 14p, 3 Charts, 3 Graphs
Publication Year :
2022

Abstract

With the growing call for private sector actors to address global challenges, it is necessary to first assess whether regions with the greatest needs are accessing corporate philanthropy. In this paper, we ask whether corporate philanthropy is reaching those with the greatest health-care needs. Drawing on economic geography and corporate homophily, we argue that corporate philanthropy tends to exacerbate health inequality as grants are destined for counties with fewer health problems. We test and find support for this hypothesis using data on health grants made by US corporate foundations and county-level health data. Our results that corporate health grants are less likely to go to counties which have a lower proportion of medical service providers and insured citizens suggest that corporate foundations are unwittingly complicit in worsening the resource gap between small, poor, rural counties and large, wealthy, urban counties. From an ethical perspective, we provide some guidance as to how this may be corrected. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
01674544
Volume :
178
Issue :
2
Database :
Complementary Index
Journal :
Journal of Business Ethics
Publication Type :
Academic Journal
Accession number :
157262586
Full Text :
https://doi.org/10.1007/s10551-021-04807-2