Does shareholder visibility affect firms' prosocial behavior? What implications for other shareholders? Exploiting quasi-experimental variation from media coverage around Annual General Meetings and major crises (COVID-19 pandemic and Russian invasion of Ukraine), we show that prominent...

While almost all charities rely on a set of donor appreciation strategies, their effectiveness for the success of fundraising campaigns is underresearched. Through two preregistered field studies conducted in collaboration with a leading German opera house (N=10,000), we explore the significance...

While almost all charities rely on a set of donor appreciation strategies, their effectiveness for the success of fundraising campaigns is underresearched. Through two preregistered field studies conducted in collaboration with a leading German opera house (N=10,000), we explore the significance...

How does diversity affect charitable giving? On the one hand, diversity can lead to increased charitable giving, as individuals may feel more connected to and invested in their community when they see the diversity of needs and perspectives within it. On the other hand, diversity can also create...

There is an important research tradition concerning the financial implications of social and environmental ethics. This study investigates the short- and long-term financial performance of ventures with explicit environmental commitments seeking to raise funds in equity crowdfunding (ECF)...

We study how citizens' right to directly decide on policies through popular initiatives affects the attractiveness of extreme candidates in representative elections. In our theoretical framework, single prominent policy issues on which individual voters hold extreme views get a large weight in...

In this paper, we examine specifically how the presence of corporate firms is associated with nonprofit, charitable activity in US metropolitan areas. We find evidence of a positive association consistent with Card, Hallock, and Moretti (2010) and, due to a longer time horizon with additional...

This paper investigates the impact of corporate ESG performance on internal pay gaps using data from Chinese A-share listed companies from 2013 to 2023. Our study finds that, after controlling for relevant variables and fixed effects for firms and years, corporate ESG performance significantly...

Research background: Engagement in charity by society appears to be a vital issue. It is crucial due to the limited resources available for non-profit organizations. Older adults seem to be one of the groups that can support the non-governmental sector and may be involved in charity. The number...

How does diversity affect charitable giving? On the one hand, diversity can lead to increased charitable giving, as individuals may feel more connected to and invested in their community when they see the diversity of needs and perspectives within it. On the other hand, diversity can also create...

This paper presents the first quantitative meta-analysis of the price elasticity of charitable giving under both rebate and matching schemes. We compile 151 elasticity estimates from 33 experimental studies and synthesize them using random-effects and multi-level models. Charitable giving is...

Perceptions about students' responsibility for their success might have crucial implications for public approval of targeted financial support. Using a survey experiment among the German adult population, we find that information about the correlation of education outcomes and parental...

The paper analyses commodity taxation in an economy where a good can be recycled. Consumers deliver units of a used good to a reuse operator, who sells the good in a second-hand market after some processing. Two regimes are considered. One is a pure market setting where the reuse operator pays...

Online donation platforms are instrumental in facilitating individual charitable giving by leveraging the confluence of financial technology and mobile social networks. Despite the impact of these technological advancements, the role of culture in shaping the motivations and behaviors of donors...

Mental health is vital for well-being and productivity, yet investment remains chronically low. We study how different framings of mental health investment affect cooperation and donations using a pre-registered online experiment across five European countries (N = 8,312). Participants were...

We conducted a large-scale and long lasting randomized field experiment at the donation centers of the Belgian Red Cross-Flanders to study the impact of a small extra reward for plasma donations. Donors normally receive one thank-you-coupon (worth €1.5) for a blood donation and two coupons for...