Motives for corporate philanthropy in El Salvador: Altruism and political legitimacy

Authors
Citation
Cm. Sanchez, Motives for corporate philanthropy in El Salvador: Altruism and political legitimacy, J BUS ETHIC, 27(4), 2000, pp. 363-375
Citations number
42
Categorie Soggetti
Economics
Journal title
JOURNAL OF BUSINESS ETHICS
ISSN journal
01674544 → ACNP
Volume
27
Issue
4
Year of publication
2000
Pages
363 - 375
Database
ISI
SICI code
0167-4544(200010)27:4<363:MFCPIE>2.0.ZU;2-3
Abstract
This paper discusses how Salvadoran companies practice corporate philanthro py in El Salvador, and what might motivate it. First, I briefly discuss thr ee principal theories of corporate philanthropy, and explore some current t rends in international corporate philanthropy to highlight some of the moti ves Salvadoran companies may have to participate in charitable activities. Then, I discuss the history of the Salvadoran private sector to help us und erstand philanthropic activity today. Next, I suggest that philanthropic ac ts by Salvadoran firms are driven by altruistic and politically strategic m otives, and reflect individualistic and paternalistic attitudes. In the dis cussion, I include examples of Salvadoran corporate philanthropy as it is p racticed today, based on recent field research in El Salvador.