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Does Engaging in Data Philanthropy Impact Business Value?

George, Jordana J. ; Yan, Jie ; Leidner, Dorothy E. LU and Awasthi, Pranjal (2023) In Information Systems Management 40(2). p.112-126
Abstract

Data philanthropy (DP) is a new but much-lauded phenomenon. Extant DP research has been either conceptual, exploratory, and/or qualitative. The present study seeks to examine the business value of data philanthropy to the donor firm. We use an event study method to analyze stock performance of public firms associated with data philanthropy activities to determine if a link exists. We find significant relationships between abnormal returns and data openness and the number of collaboration participants.

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author
; ; and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
corporate philanthropy, corporate social responsibility, data collaborative, Data philanthropy, event study, open data
in
Information Systems Management
volume
40
issue
2
pages
112 - 126
publisher
Taylor & Francis
external identifiers
  • scopus:85125854100
ISSN
1058-0530
DOI
10.1080/10580530.2022.2042877
language
English
LU publication?
yes
id
d5f4983c-4e71-40ee-a2a2-4ef5b17cb8f5
date added to LUP
2022-04-21 14:42:24
date last changed
2023-10-26 14:58:43
@article{d5f4983c-4e71-40ee-a2a2-4ef5b17cb8f5,
  abstract     = {{<p>Data philanthropy (DP) is a new but much-lauded phenomenon. Extant DP research has been either conceptual, exploratory, and/or qualitative. The present study seeks to examine the business value of data philanthropy to the donor firm. We use an event study method to analyze stock performance of public firms associated with data philanthropy activities to determine if a link exists. We find significant relationships between abnormal returns and data openness and the number of collaboration participants.</p>}},
  author       = {{George, Jordana J. and Yan, Jie and Leidner, Dorothy E. and Awasthi, Pranjal}},
  issn         = {{1058-0530}},
  keywords     = {{corporate philanthropy; corporate social responsibility; data collaborative; Data philanthropy; event study; open data}},
  language     = {{eng}},
  number       = {{2}},
  pages        = {{112--126}},
  publisher    = {{Taylor & Francis}},
  series       = {{Information Systems Management}},
  title        = {{Does Engaging in Data Philanthropy Impact Business Value?}},
  url          = {{http://dx.doi.org/10.1080/10580530.2022.2042877}},
  doi          = {{10.1080/10580530.2022.2042877}},
  volume       = {{40}},
  year         = {{2023}},
}