Description:
<jats:sec><jats:title content-type="abstract-subheading">Purpose</jats:title><jats:p>The present study aims to focus on the management of public listed companies (PLC) in Malaysia. It aims to explore the factors that influence the behavioural intention of the managers in donating cash<jats:italic>waqf</jats:italic>(endowment) as part of their organisations’ corporate philanthropy.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Design/methodology/approach</jats:title><jats:p>The theory of planned behaviour was used, and 701 questionnaires were emailed to PLCs’ managers. Four main variables, i.e. economic attitude, political pressure, perceived behavioural control (PBC) and personal moral obligation, were tested and analysed by using structural equation modelling.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Findings</jats:title><jats:p>The findings showed that the first three variables, attitude, subjective norms and PBC of the management, significantly influenced management’s behavioural intention to donate cash<jats:italic>waqf</jats:italic>. Nonetheless, the personal moral obligation of the management was found to be insignificant.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Research limitations/implications</jats:title><jats:p>One of the main limitations is that it involved only quantitative surveys with managers in Malaysia. In future, the findings of this study can be supported by interviews.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Originality/value</jats:title><jats:p>The present study integrates the corporate social responsibility (CSR) fund of Shariah-compliant companies for the development of<jats:italic>waqf</jats:italic>property. The combination of CSR funds and<jats:italic>waqf</jats:italic>land will solve the<jats:italic>waqf</jats:italic>institution’s fund deficit issue. This will optimize<jats:italic>waqf</jats:italic>land development efficiency and benefit society.</jats:p></jats:sec>