Theoretical and Applied Economics
No. 2 / 2022 (631), Summer
Measuring the impact of philanthropy on small businesses: A case study of small business in Israel
National University of Political Studies and Public Administration Bucharest, Romania
Menachem ZILBERKLANG
National University of Political Studies and Public Administration Bucharest, Romania
Abstract. Despite the extent of philanthropic activity in the 21st century, where billions of dollars are invested and spent worldwide in philanthropic projects, measuring the impact of philanthropy is still not standardized. This research aims to examine the impact of philanthropy on small businesses, using the case study of 3 philanthropic funds assisting small businesses in Israel between 2015-2017. It uses the theory of “life cycle of businesses” to understand what is the best timing to assist a small business and what type of assistant is the most beneficial at each stage, to maximize the impact of philanthropic investment. The study found a correlation between the location of the business on its life cycle curve and the impact of the help it receives from the philanthropic fund. Another conclusion is that small businesses in their early life cycle benefit from business consultation in addition to the financial assistance offered by the philanthropic fund.
Contents
International banking, crises and strategic interests
The importance of demand, uncertainty and monetary policy shocks from the euro area for the Romanian economy
Fiscal consolidation and public debt in the European Union: Reevaluating the relationship
Measuring the impact of philanthropy on small businesses: A case study of small business in Israel
Whether high frequency intraday data behave randomly: Evidence from NIFTY 50
Poverty in Romania: an analysis at regional level
The past, the present and the prospective future of efficient market hypothesis: a theoretical and empirical investigation of international stock markets
Casual nexus between economic growth, FDI and employment: An inquiry into BRICS and ASEAN
A comparative analysis of export-led and domestic demand-led growth hypotheses in BRICS economies
Reinsurance – an efficient solution of catastrophe risk transfer for the housing stock of Romania
Normative analysis of the impact of Covid-19 on prominent sectors of Indian economy by using ARCH Model
Linear and nonlinear effect of exchange rate on inflation in Pakistan
Assessing the performance of mutual funds
Model for estimating the profitability of placing asset portfolios on the capital market