A spirit of generosity: Philanthropy in the Scotch Whisky Industry

Niall Gordon MacKenzie, Jillian Gordon, M.J. Gannon

Research output: Contribution to journalArticlepeer-review

Abstract

Recent literature on philanthropy and business has focused on the returns to businesses and entrepreneurs from giving. In this article, we show how historical context impacts the motivations and organizational forms created over time in philanthropic giving that effect and affect such returns. We do this through the prism of the changing ownership structures in the Scotch whisky industry in the twentieth century using an institutional theory lens. In doing so, we capture the story of three sisters who inherited a Scotch whisky business in the 1940s and transformed it into a hybrid philanthropic-commercial vehicle that remains in operation today. We present an extended theoretical model illustrating the interplay of context, motivation, and organizational structure over time on exchanges of capital in entrepreneurial philanthropy.
Original languageEnglish
Pages (from-to)529-552
Number of pages24
JournalBusiness History Review
Volume93
Issue number3
DOIs
Publication statusPublished - 14 Aug 2019

Keywords

  • philanthropy
  • Scotch whisky
  • institutional theory
  • family business

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