Geographies of corporate philanthropy: The Northern Rock Foundation
Autor: | Neill Marshall, Jane Pollard, Stuart Dawley, Andy Pike |
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Rok vydání: | 2017 |
Předmět: |
Corporate philanthropy
0502 economics and business 05 social sciences Geography Planning and Development 0211 other engineering and technologies Foundation (engineering) 021107 urban & regional planning Environmental ethics 02 engineering and technology Sociology Environmental Science (miscellaneous) Social science 050203 business & management |
Zdroj: | Environment and Planning A: Economy and Space. 50:266-287 |
ISSN: | 1472-3409 0308-518X |
Popis: | The paper contributes to literature on the geographies of corporate philanthropy through a case study of the origins, growth and decline of the Northern Rock bank's charitable foundation. Analysis reveals the complex, geographically-embedded nature of philanthropic motivations and impacts. It demonstrates that investment in home and community by philanthropists was part of a regionally-inscribed business-model of excessive risk taking that brought them considerable personal financial rewards. It highlights tensions and conflicts between corporate philanthropists and professional grant-makers over the scale and regional focus of giving. The paper concludes that the positive outcomes of corporate philanthropy are difficult to sustain in disadvantaged regions where shifts in corporate strategy and fragilities in the local economy undermine charitable giving. |
Databáze: | OpenAIRE |
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