This paper will discuss the recent calls to amend Corporations Act in Australia on a basis parallel to those in the Companies Act in the United Kingdom. This will raise two points: first, replacing section 181 of Corporations Act with... more
This paper will discuss the recent calls to amend Corporations Act in Australia on a basis parallel to those in the Companies Act in the United Kingdom. This will raise two points: first, replacing section 181 of Corporations Act with section 172 is not a proper haven; and secondly, the capability of section 181 in delivering the protection required for stakeholders in the form it is today. It is argued that the present reality is capable as it is in shielding those interests and no major reform is required and if any not to the Corporations Act itself.
The 20th Century revolved politically around competing interpretations of Capitalism, Communism, Socialism and Fascism. These are all ways to organize the lives of people on a large scale. Are real alternatives or new interpretations... more
The 20th Century revolved politically around competing interpretations of Capitalism, Communism, Socialism and Fascism. These are all ways to organize the lives of people on a large scale. Are real alternatives or new interpretations likely to emerge in the challenging years ahead? What might they look like?
The overall purpose of this paper is to present the values that have been achieved as a result of corporate citizenship initiatives. This will be accomplished by a literature review of thirty-six (36) articles spanning the past two... more
The overall purpose of this paper is to present the values that have been achieved as a result of corporate citizenship initiatives. This will be accomplished by a literature review of thirty-six (36) articles spanning the past two decades (1980-1999). Corporate citizenship will be defined broadly, as encompassing the literatures of corporate philanthropy, cause-related marketing, and corporate social performance. The goal will be to present in summary form the specific values/benefits to the business bottom-line identified through articles, books and studies that reflect philosophical beliels (expert opinion), anecdotal experiences, and empirical studies. These benefits include: improved employee relationships; improved customer relationships; improved business performance; and enhanced marketing efforts.
Held at the Kunsthalle Bern in spring 1969, the exhibition ‘When Attitudes Become Form’ has often been presented as a turning point for the development of artistic and curatorial practices in the second half of the twentieth century. But... more
Held at the Kunsthalle Bern in spring 1969, the exhibition ‘When Attitudes Become Form’ has often been presented as a turning point for the development of artistic and curatorial practices in the second half of the twentieth century. But this exhibition was also key in another respect: as the occasion for an early corporate venture into support for experimental contemporary art, which would initiate a trend that continues to have an important role in the field today. Sponsorship of ‘When Attitudes Become Form’ by US tobacco corporation Philip Morris is a landmark in the history of what is today known as ‘art-based marketing’.
Rural communities throughout the United States are alarmingly challenged by deteriorating landscapes, ravished economies, declining populations, and gentrifying populations in the face of unfair and disproportionately lower support from... more
Rural communities throughout the United States are alarmingly challenged by deteriorating landscapes, ravished economies, declining populations, and gentrifying populations in the face of unfair and disproportionately lower support from government and philanthropy compared to urban areas. Rural communities have many big city problems but small-town resources for addressing them. Institutional philanthropy may represent a significant new option for meaningfully addressing rural challenges. Though it appears foundations are largely absent from rural America and, when present, often struggle in developing strategies appropriate for rural contexts. Further, rural needs often require resources of multiple foundations, but many foundations are ineffective in collaborating with other funders. This study of rural practices involving grant making and collaboration between funders examined experiences and approaches employed by representatives of 54 foundations (national, regional, and local place-based). Participants from 31 states and the District of Columbia contributed valuable insights. Findings from this research offer important insights that, if properly addressed, could significantly improve efforts at rural philanthropy.
Corporate philanthropy (CP) is receiving increased attention, especially in transitional countries, such as China. Focusing on Chinese tourism attraction companies that operate on public tourism resources and have close relationships with... more
Corporate philanthropy (CP) is receiving increased attention, especially in transitional countries, such as China. Focusing on Chinese tourism attraction companies that operate on public tourism resources and have close relationships with their surrounding communities, this study investigates the factors driving firms' CP behaviour from a community perspective. Hypotheses are developed under the legitimacy framework. Probit and tobit regression models are used with data gathered from listed tourism attraction companies in China between 2000 and 2015. Three main findings are obtained. First, tourism attraction companies engage in CP more actively than other companies in the tourism industry. Second, three community-related features are significant drivers of tourism attraction firms' CP: unbalanced economic development, fierce business competition within the community and scarce educational resources. Third, the economic contribution of tourism partially moderates the associations between community features and tourism attraction firms' CP. Further interviews with top managers of selected companies confirm the findings of the above statistical analysis. Both the theoretical and practical implications of the findings are discussed at the end of the paper.
