Religious atmosphere, seismic impact, and corporate charitable donations in China
研究中国上市公司慈善捐赠的外部驱动因素，发现宗教文化氛围和地震活动都会促使企业增加捐赠，对理解企业社会责任行为有参考价值。
This study examines the external socio-cultural and natural environment factors that driving corporate philanthropy in China. We focus on two predominant influences: religiosity, specifically the traditional Three-Teachings (Confucianism, Buddhism, and Taoism), and seismic activities. Using a large sample of 31,673 firm-year observations from Chinese listed firms from 2009 to 2020, our findings reveal that (a) firms immersed in more pronounced religious-cultural presence have higher donation incentives, and (b) firms experiencing higher seismic impacts or are located in high seismic risk areas show heightened corporate philanthropic tendencies. Our multidisciplinary approach bridges various academic disciplines, presenting an innovative framework for understanding the intersection of corporate philanthropy, socio-cultural environments, and natural disasters in China. Overall, we highlight the importance of external environmental factors in shaping corporate charitable behaviours.