THE IMPACT OF ECONOMIC VALUATION INFORMATION ON ENVIRONMENTAL CHARITABLE GIVING

Author(s):  
Sandra Goff
2017 ◽  
Vol 32 (1-2) ◽  
pp. 171-175 ◽  
Author(s):  
Vojtěch Máca ◽  
Jan Melichar ◽  
Milan Ščasný ◽  
Markéta Braun Kohlová

Abstract Background: Monetized environmental health impact assessments help to better evaluate the environmental burden of a wide range of economic activities. Apart from the limitations and uncertainties in physical and biological science used in such assessments, assumptions taken from economic valuation may also substantially influence subsequent policy-making considerations. Aim: This study attempts to demonstrate the impact of normative policy assumptions on quantified external costs using a case study of recently discussed variants of future coal mining and use of extracted coal in electricity and heat generation in the Czech Republic. Methods: A bottom-up impact-pathway approach is used for quantification of external costs. Several policy perspectives are elaborated for aggregating impacts that differ in geographic coverage and in how valuation of quantified impacts is adjusted in a particular perspective. Results: We find that the fraction of monetized external impacts taken into policy-making considerations may vary according to choice of decision perspective up to a factor of 10. Conclusion: At present there are virtually no hard rules for defining geographical boundaries or adjusting values for a summation of monetized environmental impacts. We, however, stress that any rigorous external cost assessment should, for instance in a separate calculation, take account of impacts occurring beyond country borders.


2012 ◽  
Vol 36 (1) ◽  
pp. 9-15
Author(s):  
Sabrina Soares da Silva ◽  
Ricardo Pereira Reis ◽  
Patrícia Aparecida Ferreira

More attention has been paid to environmental matters in recent years, mainly due to the current scenario of accentuated environmental degradation. The economic valuation of nature goods can contribute to the decision-making process in environment management, generating a more comprehensive informational base. This paper aims to present, in a historic perspective, the different concepts attributed to nature goods and were related to the current predominant perspectives of nature analyses. For this purpose, this paper presents the different concepts attributed to value since the pre-classical period, when nature were viewed as inert and passive providers of goods and services, this view legitimized nature's exploration without concern over the preservation and conservation of nature. The capacity of nature to absorb the impact of human action appears to be reaching its limit, considering the irreversibility, the irreproducibility and the possibility of collapse. The appropriate method for valuing natural resources is not known, but more important than the method is to respect and incorporate the particular characteristics of the nature goods into this process. These characteristics must be valuated in order to arrive at a more consistence approach to nature value and promote sustainability.


2018 ◽  
Author(s):  
Alexander Genevsky ◽  
Brian Knutson ◽  
Carolyn Yoon

AbstractFundraising organizations face difficult decisions regarding how to construct solicitations for donations. While these aid requests often include multiple salient features, their interactive effect on donation behavior and the psychological mechanisms that underlie their combined influence remain unclear. In six studies utilizing online and laboratory samples, as well as hypothetical and real incentives, we examine whether and how request framing moderates the impact of positive and negative images on charitable giving. Across all studies and in a single-paper meta-analysis, the influence of affective images on giving was moderated by the valence of request framing, such that affectively matched features most effectively elicited donations. Further, donors’ experienced positive affect could account for this matching effect – even in cases of matched negative features. These findings suggest that organizations can increase the effectiveness of aid requests by focusing on the affective match of request features. This work integrates previously discrepant findings on the impact of affect on donations and holds both conceptual implications for how affect can influence giving and practical implications for organizations seeking to design optimally effective requests for aid.


2019 ◽  
Vol 11 (5) ◽  
pp. 1491 ◽  
Author(s):  
Keling Wang ◽  
Yaqiong Miao ◽  
Ching-Hui Su ◽  
Ming-Hsiang Chen ◽  
Zhongjun Wu ◽  
...  

We examined whether corporate charitable giving (CCG) in China benefits corporate performance (CP) in terms of sales growth (SG), return on asset (ROA), return on equity (ROE), and Tobin’s Q (TQ), and revealed several findings. First, testing shows variation in the impact of CCG on CP. Whereas the ratio of corporate charitable giving (RCCG) to total sales revenue does not significantly enhance SG, ROA, and ROE, it is positively related to TQ. Second, the positive relationship between RCCG and TQ originates from non-state-owned firms (NSOFs) rather than state-owned firms (SOFs). Third, Chinese firms may use CCG as traditional philanthropy to enhance long-term performance instead of strategically using it to generate short-term performance. Lastly, an inverted U-shaped relationship exists between RCCG and TQ, especially for NSOFs.


2020 ◽  
Vol 55 (1) ◽  
pp. 271-296
Author(s):  
Marc Mazodier ◽  
Francois Anthony Carrillat ◽  
Claire Sherman ◽  
Carolin Plewa

Purpose Charities depend on giving behaviors of organizations to fulfil their purpose, whereas corporations seek to improve their image in return. Accordingly, the purpose of this research is to investigate optimal donation thresholds for organizations to enhance their corporate social responsibility (CSR) image. Design/methodology/approach Experiment 1 (N = 482) tests whether CSR image improves with donation amount up to the point at which it becomes excessive (H1) and whether this point differs between firms in a positive versus negative economic situation (H2). Experiment 2 (N = 432) examines the role of consumer attribution of firm motives through mediation of these effects (H3), while also exploring consumer donation expectations by testing an “undefined” amount. Experiment 3 (N = 400) validates the role of attributions through the moderating effect of motives. Findings The experiments demonstrate an optimal interval between inferior and superior donation amounts that maximize the impact of corporate giving on CSR image through the attribution of society-serving motives. Furthermore, the economic situation of the company alters these thresholds – higher donations are required to positively influence the CSR image when the company is in a favorable situation. Research limitations/implications This research answers a long-term call to provide more reliable tools on which to base charitable giving decisions. It also identifies perceived donating motives as the psychological process underlying consumers’ response to donation magnitudes. Practical implications The authors determine psychological donation thresholds by examining amounts perceived as insignificant in comparison to excessive and provide managers with an easy-to-implement method to determine optimal donation amounts from their target market. Originality/value By examining charitable giving at the micro-level, this research provides practical advice to companies on how to determine, ahead of time, how much to donate and what exactly to communicate in which economic situation.


2020 ◽  
Vol 9 (1) ◽  
pp. 72-80
Author(s):  
Ary Hendri Pribadi ◽  
Suryanti Suryanti ◽  
Churun Ain

ABSTRAK Pulau Karimunjawa adalah salah satu objek destinasi wisata keindahan ekosistem terumbu karang. Kunjungan wisatawan di Karimunjawa dapat berdampak pada terumbu karang dan nilai ekonomi pariwisata. Penelitian ini dilaksanakan pada April-Mei 2019 di Kepulauan Karimunjawa, Kabupaten Jepara. Tujuan dari penelitian ini untuk mengetahui dampak pariwisata terhadap nilai status tutupan terumbu karang dengan menggunakan metode Line Intercept Transect (LIT) di Pulau Tanjung Gelam, Pulau Menjangan Besar dan Pulau Cemara Kecil serta nilai valuasi ekonomi pariwisata dengan menggunakan metode biaya perjalanan atau Travel Cost Method (TCM). Hasil yang didapatkan dari penelitian ini yaitu jumlah kunjungan wisatawan yang datang ke Pulau Karimunjawa meningkat sejak tahun 2016 hingga tahun 2018. Kondisi status tutupan terumbu karang yang diperoleh dalam kondisi baik dengan nilai karang hidup yang didapatkan pada Pulau Tanjung Gelam 61,6%, Pulau Menjangan Besar 70,8% dan Pulau Cemara Kecil 57,3%. Luasan terumbu karang pada tahun 2016 hingga tahun 2018 di Pulau Mejangan Besar dan Cemara Kecil mengalami penurunan. Sedangkan nilai valuasi ekonomi tahun 2016 sejumlah Rp.125.426.860,- 2017 dan 2018 sejumlah Rp.135.437.480,- dan Rp.156.932.039,-. Dampak wisatawan yang berkunjung tahun 2016-2018 pada valuasi ekonominya tiap tahunnya mengalami peningkatan. Hasil nilai valuasi ekonomi yang didapatkan pada penelitian ini,nilai rata-rata TCM pada wilayah Kabupaten Jepara Rp.1.111.023,- dan nilai ekonomi pertahunnya Rp.3.369.031.988,-. Rata-rata biaya perjalanan luar wilayah Kabupaten Jepara Rp.1.146.314,- dan nilai biaya pertahunnya Rp.12.324.171.938,-. Nilai total valuasi ekonomi dari dalam wilayah Kabupaten Jepara dan luar wilayah Kabupaten Jepara yaitu Rp.156.693.203.925,-. ABSTRACT Karimunjawa Island is one of the tourist destinations of the beauty of the coral reef ecosystem. Tourist visits in Karimunjawa can have an impact on coral reefs and the economic value of tourism. This research was conducted in April-May 2019 in the Karimunjawa Islands, Jepara Regency. The purpose of this study was to determine the impact of tourism on the status of coral cover status using the Line Intercept Transect (LIT) method on Tanjung Gelam Island, Menjangan Besar Island and Cemara Kecil Island and the economic valuation value of tourism using the travel cost method or the Travel Cost Method ( TCM). The results obtained from this study are the number of tourist arrivals to Karimunjawa Island increased from 2016 to 2018. The status of coral cover status obtained in good condition with the value of live coral obtained on Pulau Tanjung Gelam 61.6%; Pulau Menjangan Besar 70.8% and Pulau Cemara Kecil 57.3%. The extent of coral reefs in 2016 to 2018 on Pulau Mejangan Besar and Pulau Cemara Kecil declined. While the value of economic valuations in 2016 amounted to Idr.125,426,860,- 2017 and 2018 amounted to Idr.135,437,480,- and Idr.156,932,039,-. The impact of tourists visiting 2016-2018 on their economic valuations has increased each year. The results of the economic valuation obtained in this study, the average value of TCM in the Jepara Regency region is Idr.1,111,023, and the annual economic value is Idr.3,369,031,988. The average cost of trips outside the area of Jepara Regency is Idr.1,146,314, and the annual cost is Idr.12,321,171,938. The total value of economic valuations from within the Jepara Regency and outside the Jepara Regency is Idr.156,693,203,925. 


2019 ◽  
pp. 1-32
Author(s):  
ALEXIA GAUDEUL ◽  
MAGDALENA C. KACZMAREK

AbstractDefaults may not directly get people to behave as intended, such as saving more, eating healthy food or donating to charity. Rather, defaults often only put people on the ‘right’ path, such as joining a savings plan, buying healthy food or pledging money to charity. This an issue because getting more people to take those first steps does not necessarily motivate them to go on with further steps. Indeed, the default does little to help them understand the benefit of doing so. This can greatly reduce the impact of the default. We test this idea in a charitable giving experiment where people first can promise to give to charity (‘pledge’) and then can go on to donate. We find that participants pledge more often when that is the default, but those who pledge in that case are less likely to take further steps to donate than those who pledge when pledging is against the default. We interpret this in terms of motivation and transaction costs. Some people pledge only to avoid the psychological costs of going against the default. Those people are closest to indifference between donating or not and are therefore less motivated to go on to donate. We also show that the intrinsic motivation of pledgers is lower when pledging is the default and that making pledges the default does not change attitudes to charities.


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