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The influence of wealth on philanthropy: A cross-regional study Cover

The influence of wealth on philanthropy: A cross-regional study

Open Access
|Dec 2018

Abstract

Even in situations when welfare state budgets can be considered generous, many socially responsible, beneficial activities remain that cannot survive without the financial support of private individual or corporate donors. The article seeks an answer to questions of to what extent the willingness to donate one’s own money depends on wealth and income, and what the role of other socio-cultural factors is. The data about the amount of private and corporate donations in particular regions of the Czech Republic in the period of the years 2011–2015 is compared with data about the regional economic prosperity and income. The regression analysis results show that it was only possible to explain to certain level the amount of donations by the rate of the wealth of firms and individuals in particular regions. In case of the companies, it is a medium-strong correlation, while the correlation is strong in terms of individuals. Particularly in terms of the corporate donation, the willingness to donate is significantly related also with other, non-economic factors in the region.

Language: English
Page range: 104 - 113
Submitted on: Aug 28, 2018
Accepted on: Dec 7, 2018
Published on: Dec 31, 2018
Published by: Jan Evangelista Purkyně University in Ústí nad Labem
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2018 Eva Fuchsová, Jitka Laštovková, Michaela Jánská, published by Jan Evangelista Purkyně University in Ústí nad Labem
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.