Region
East Asia & Pacific

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June 21, 2024

Learn how their ethical investments are transforming Southeast Asia and creating a brighter, more equitable future.

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"The concept of social entrepreneurship emerged as a significant factor that contributes toward public welfare and prosperity. Recent studies showed that social entrepreneurship influences the economic growth and sustainability of the state. Therefore, the underlying aim of this study was to investigate the impact of social entrepreneurship on sustainable economic growth and value creation. This study also undertook to observe the mediating role of innovation in the relationship between social entrepreneurship and sustainable economic growth and between social entrepreneurship and value creation. A questionnaire technique was adopted to obtain data from 343 tour operators in China. The Smart-PLS software was used to analyze the data through the aid of a structural equation modelling (SEM) technique. The results revealed that social entrepreneurship has an effect on sustainable economic growth and value creation. The results also demonstrated that innovation has an effect on sustainable economic growth and value creation. Moreover, it was also observed that innovation mediated the relationship between social entrepreneurship and sustainable economic growth and between social entrepreneurship and value creation."

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"This paper investigates the impact of economic policy uncertainty (EPU) on the corporate philanthropy (CP) behaviors of firms using a dataset from Chinese A-share listed firms. We find that, on average, firms decrease their CP significantly when economic policy uncertainty increases, but the response is heterogeneous for firms with different ownership types. Compared with their counterparts, private firms are willing to contribute more donations in an environment with high economic policy uncertainty. Further analysis shows that private firms take on more other types of corporate social responsibility at the same time, and private firms' additional CP in a high EPU environment is rewarded with more subsidies, indicating that altruistic and political motives may play important roles in driving the CP behaviors of private firms."

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"Using geographical distribution data on corporate philanthropy in China from 2009 to 2016, we provide robust evidence of companies’ revenue-driven regional favoritism. Specifically, companies donate more to regions where they obtain revenue than to other regions. Further evidence suggests that this revenue-driven regional favoritism may have both reputational and political motivations. Further analysis suggests that China’s targeted poverty alleviation policy has compromised revenue-driven regional favoritism while increasing the amount of money donated to poor regions. Overall, we enrich understanding of decision-making on corporate philanthropy. We also demonstrate that companies can use the geographical distribution of corporate philanthropy strategically to obtain consumer and government favor in regions where they operate."

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U.S. International Development Finance Corporation (DFC)

Manila, Philippines
December 19, 2023

In preparation for your journey to Phuket, Thailand, for the ANDE Investment Manager Training (IMT) - Asia, we want to provide you with key information regarding visa requirements. This will assist you in planning your trip effectively.

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December 19, 2023

Welcome! We are thrilled to have you join us for our ANDE Investment Manager Training (IMT) - Asia in Phuket, Thailand. To help you plan your trip, here's some essential information for your upcoming experience.

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September 28, 2023

The Inclusive Youth Entrepreneurship Guidebook for Esos in Asia and the Pacific is a collaborative effort to promote inclusive entrepreneurship, offering insights, resources, and strategies for ESOs to support young entrepreneurs from underserved communities.These are eight insights derived from a workshop presentation.

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September 25, 2023
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September 11, 2023

At the heart of the transformative #SCALEWorkshop held in Cambodia on August 18, 9:00-12:00, we extend our gratitude to all participants who enriched the discussions with their insights. As we journey through the dimensions of 'S,' 'C,' 'A,' 'L,' and 'E,' let's illuminate the key takeaways that emerged from this engaging event!

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