University Accounting Report: Philanthropic Giving and Performance

This report analyzes the association between philanthropic giving, market-based performance, and institutional ownership, using data from banks in Bangladesh from 2007 to 2013. The study, based on the article "Philanthropic giving, market-based performance and institutional ownership: Evidence from an emerging economy," investigates how philanthropic activities impact financial outcomes. The findings suggest a positive correlation between philanthropic giving and better performance, as well as a positive relationship between philanthropic giving and institutional ownership. The report highlights that institutional investors are more inclined to invest in banks actively involved in philanthropic endeavors. The report explores the benefits of corporate philanthropic activities and their impact on overall business growth within the context of an emerging economy. The conclusion emphasizes the importance of corporate philanthropic giving for companies and suggests measures to improve business performance through these practices. The report references key academic sources such as Kaplan and Atkinson (2015), Libby (2017), Schaltegger and Burritt (2017), and Smith (2017) to support its findings.

Running head: CONTEMPORARY ISSUES IN ACCOUNTING
Contemporary Issues in Accounting
Name of the student:
Name of the university:
Author Note:

1CONTEMPORARY ISSUES IN ACCOUNTING
Table of Contents
Introduction:...............................................................................................................................2
Discussion:.................................................................................................................................3
Article – Philanthropic giving, market-based performance and institutional ownership:
Evidence from an emerging economy....................................................................................3
Conclusion..................................................................................................................................5

2CONTEMPORARY ISSUES IN ACCOUNTING
Introduction:
The aim of the assignment deals with the emerging article in today’s recent corporate
and economic scenario which is Philanthropic giving, market-based performance and
institutional ownership. Detailed research is conducted as per the information soft the case
study.

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Discussion:
Article – Philanthropic giving, market-based performance and institutional ownership:
Evidence from an emerging economy
The main focus of the article deals with the association of the philanthropic giving the
market based performance and further primary data of the institution ownership from banks
in Bangladesh from the year 2007 to 2013. From the current and past findings it suggest that
banks with the higher level of philanthropic always provides the better performance (Kaplan
and Atkinson 2015). Positive association of the bank is found between the Philanthropic
giving and institutional ownership.
The institutional investors invests further invest in the banks in order to gather the
more contribution towards the philanthropic activities. The strengths of this kind of
investment is that it further motivates the investors to investment in order to generate more
revenue in the business. The upper level management of the organization always take
initiative to adopt the philanthropic activities. In the emerging economy the investors tries to
take such kind of initiatives in order to take full advantages in order to generate more revenue
in the business. In this scenario the management system of the company take initiative in
order to expend the overall business growth of the company (Libby 2017).
The potential investors in the market takes initiative sin order to accomplish their
potential objectives which is further based on the current market performance. The regulators
and the policy makers in countries similar socio economic systems and financial policies.
Further research on the philanthropic motive or rather objectives is currently going on in
order to accomplish the objectives associated with the organization. Corporate philanthropic

4CONTEMPORARY ISSUES IN ACCOUNTING
are of different types which is completely based on the overall objectives of the company
(Schaltegger and Burritt 2017).
The business growth further depends on the philanthropic objective of the company
which varies as per the current business status and rather the economic situation of the
country. Corporate philanthropic provide the firms a lot of benefits as well as enhance the
other economic advantages at the same time. The main idea of the corporate philanthropic is
that the initiatives ascertained by the company or the changes made by the upper level
management of the company (Smith 2017). The three key elements in the article which are
the philanthropic giving, market based performance and the institutional ownership creates
significant impact on the overall performance of the company.

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Conclusion
From the above discussion, it can be concluded that each and every company needs to
apply the corporate philanthropic giving in the emerging economy. The key benefits which
are surrounded in the overall business of the company has been depicted in the case study of
the article. Further measures are needed to be taken by the company in order to improve the
business performance through this measures.

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References
Kaplan, R.S. and Atkinson, A.A., 2015. Advanced management accounting. PHI Learning.
Libby, R., 2017. Accounting and human information processing. In The Routledge
Companion to Behavioural Accounting Research (pp. 42-54). Routledge.
Schaltegger, S. and Burritt, R., 2017. Contemporary environmental accounting: issues,
concepts and practice. Routledge.
Smith, M., 2017. Research methods in accounting. Sage.