TORONTO, ON–A new study published in the Journal of Business Ethics has found that corporate charitable foundations tend to direct healthcare funding to richer communities rather than to regions with the greatest health-care needs.
The study, titled “Putting the ‘Love of Humanity’ Back in Corporate Philanthropy: The Case of Health Grants by Corporate Foundations”, was co-authored by Irene Henriques, Professor of Sustainability and Economics at York University’s Schulich School of Business; Muhammad Umar Boodoo, an Assistant Professor at Warwick Business School in the UK; and Bryan W. Husted, a Professor of Management at EGADE Business School in Mexico.
The study looked at health grants made by US corporate foundations as well as county-level health data. The research findings showed that corporate health grants are less likely to go to communities that have a lower proportion of medical service providers and insured citizens. As a result, corporate philanthropy tends to exacerbate health inequality by providing grants to wealthier counties with fewer health problems.
“In conducting this research, we wanted to find out whether corporate philanthropy is in fact reaching those with the greatest health-care needs,” says Henriques. “One would expect corporate philanthropy to provide for the poor and disadvantaged by addressing the root causes of these inequalities, not reinforce them. But what we discovered was that corporate health philanthropy tends to reinforce pre-existing health inequalities and even exacerbate them.”
Known as Canada’s Global Business School™, the Schulich School of Business in Toronto is ranked #1 in Canada and among the world’s leading business schools by a number of global MBA surveys, including The Economist, Forbes, and CNN Expansión. The Kellogg-Schulich EMBA program is ranked #9 in the world by The Economist and #3 in the world among joint programs by QS MBA.
Global, innovative, and diverse, Schulich offers business programs year-round at its state-of-the-art complex at York University; at its Miles S. Nadal Management Centre located in the heart of the Toronto’s financial district; and at its campus in Hyderabad, India. The School has one of the largest portfolios of one-year, specialized Masters programs of any business school in North America. Schulich’s Executive Education Centre provides executive development programs annually to more than 5,000 executives in Canada and abroad.