冗余资源的充分挖掘和利用，为企业慈善战略的实施并促进绩效提升提供了新的研究启示。文章构建了“冗余资源、慈善行为与企业绩效”概念模型，运用回归分析阐释了变量之间的相互关系和影响。通过对上海地区176家企业的实证研究发现：未吸收的冗余促进企业积极参与慈善行为；慈善行为与企业绩效正相关，且不同行为特征对企业绩效的影响存在差异；慈善行为在冗余资源与企业绩效的关系中具有中介作用。研究结论发展了现有的慈善行为和组织冗余文献，具有一定的理论与实践意义。

The great use of slack resources will give firms some guide to take part in philanthropy to improve performance. Based on the model of “slack resource, corporate philanthropy and organization performance”, this paper explores the relationship among them through the regression analysis. The empirical results based on 176 firms in Shanghai indicate that: unabsorbed slack promotes corporate philanthropy; corporate philanthropy and organization performance has notable positive correlation and the different philanthropy; characteristics have different effects on organization performance; corporate philanthropy mediates the relation between slack resource and organization performance. This research develops the literature of corporate philanthropy and organizational slack, and has some theoretical and practical meanings.

国家自然科学基金资助项目(71002017)；国家自然科学基金资助项目(71302150)；江苏省高校哲学社会科学研究基金资助项目(2014SJB548)；江苏省政府留学基金资助项目。