Can I read Drivers of Philanthropic Foundations in Emerging Markets: Family, Values and Spirituality on EtoBox?

Drivers of Philanthropic Foundations in Emerging Markets: Family, Values and Spirituality by Valeria Giacomin; Geoffrey Jones is a Business, Management and Accounting article available to read on EtoBox.

What is Drivers of Philanthropic Foundations in Emerging Markets: Family, Values and Spirituality about?

## Abstract This article discusses the ethics and drivers of philanthropic foundations in emerging markets. A foundation organizes assets to invest in philanthropic initiatives. Previous scholarship has largely focused on developed countries, especially the United States, and has questioned the ethics behind the activities of foundations, particularly for strategic motives that served wider corporate purposes. We argue that philanthropic foundations in emerging markets have distinctive characteristics that merit separate examination. We scrutinize the ethics behind the longitudinal activity of such foundations using 70 oral history interviews with business leaders in 18 countries in Africa, Asia, Latin America, and the Middle East. We find that 55 out of 70 foundations associated with these leaders have been used as vehicles for a specific type of philanthropic ethics defined as “spiritual philanthropy”. These foundations often embodied personal or family traditions, culture, and religious values, which emphasized charitable giving and social responsibility. As in the case of many of the industrial foundations in Europe, these foundations also carried founding family names and prov

Who reads Drivers of Philanthropic Foundations in Emerging Markets: Family, Values and Spirituality?

Author

Valeria Giacomin; Geoffrey Jones

Publisher

Springer Science and Business Media LLC

Published

2021

Language

EN

Field

Business, Management and Accounting (Social Sciences)