題目：Guilt and Corporate Philanthropy: The Case of the Privatization in China（愧疚與慈善捐贈：來自中國企業(yè)私有化的證據）

摘要：Firms’ harm-inflicting decisions/actions can make firm leaders feel guilt toward those who are harmed, which then motivates them to make restitution through corporate philanthropy. Our primary setting for investigating this proposition is the privatization of Chinese firms. We argue that massive layoffs resulting from privatization triggered guilt among firm leaders to drive corporate philanthropy. The analysis of a national survey of Chinese private firms shows that on average privatized firms made approximately 26% more charitable contributions than firms founded as private. This is particularly the case when (1) privatization resulted in layoffs (vs. no layoffs), (2) their provinces experienced greater unemployment at the time of privatization, (3) their leaders were directly involved in privatization, (4) the influence of Confucianism was stronger in their provinces, and (5) firm leaders had stronger ties with laid-off workers. An interview-based field study of 25 firm leaders involved in privatization provides qualitative evidence for the influence of guilt on privatized firms’ philanthropy. Finally, a vignette experiment conducted on EMBA students shows the mediation of guilt between privatization and firms’ philanthropy intention. These findings establish guilt as a potent emotional driver of corporate philanthropy, helping redirect the attention of corporate philanthropy research to nonfinancial drivers.

研究問題：高管的愧疚心理與企業(yè)慈善捐贈；企業(yè)私有化帶來的員工解雇作為研究場景

研究動機：關于慈善捐贈影響因素的研究大多聚焦于財務因素，鮮有關于非財務因素的影響

研究設計：檔案研究（OLS）+田野調查+實驗研究

研究貢獻：從非財務因素的視角豐富了慈善捐贈的研究文獻

特別的點：多種研究方法補充和協(xié)調

注：個人翻譯和解讀，可能存在疏漏和錯誤,僅供參考(20220504)。