Longitudinal regression analysis reveals venture philanthropy initiation stems primarily from mimetic pressure across 79 Chinese cities, indicating a legitimacy-driven adoption model.
Key Points
Investigate whether local government initiation of venture philanthropy to support non-profit organizations is driven by operational contingencies or institutional pressures.
Analyzed longitudinal data from 79 Chinese cities covering the period from 2011 to 2023.
Conducted a series of regression analyses testing the effects of target population characteristics, coercive pressure, and mimetic pressure.
Mimetic pressure significantly drives local governments to adopt venture philanthropy programs, contrasting with traditional efficiency-driven assumptions.
Venture philanthropy initiation reflects a legitimacy-driven political decision rather than a response purely aimed at addressing non-profit organizational weaknesses.