@article {6355,
	title = {Drivers of Strategic Approach to Philanthropy  in the Czech Republic},
	journal = {Central European Management Journal},
	volume = {29},
	year = {2021},
	month = {10/2021},
	pages = {86{\textendash}113},
	abstract = {Purpose: This study aims to provide an empirical study of the factors that influence how companies engage in strategic philanthropy and philanthropic strategy. 

Methodology: A target group of Czech companies engaged in corporate philanthropy was contacted with an e-mail containing a hyperlink to an online questionnaire. In total, 296 companies participated in the study. Secondary data was collected from the Albertina database, Anopress IT database, and 2016{\textendash}2018 annual reports. Logistic regression and likelihood-ratio tests were used to analyze the data. 

Findings: The results imply that company size, ownership, industry, slack resources, and visibility are predictors of philanthropic strategy. Company size and headquarters{\textquoteright} location are predictors of strategic philanthropy. The legitimacy strategy and slack resource theory may explain engagement in philanthropic strategy, but not in strategic philanthropy. 

Originality: This study contributes to scarce research addressing the drivers of the strategic approach to philanthropy. It provides a comprehensive empirical study of the factors influencing strategic philanthropic practices in the Czech Republic.
},
	issn = {2658-0845 },
	doi = {10.7206/cemj.2658-0845.55}
}
