Academic literature on the topic 'CSR. Family firms. Frauds'
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Journal articles on the topic "CSR. Family firms. Frauds"
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Ang Bao. "Family Firms, Social Responsibility, and Non-Family Member Employees Identification." Think India 16, no. 3 (November 15, 2013): 10–19. http://dx.doi.org/10.26643/think-india.v16i3.7816.
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The objective of this paper is to find the relationship between family firms’ CSR engagement and their non-family member employees’ organisational identification. Drawing upon the existing literature on social identity theory, corporate social responsibility and family firms, the author proposes that family firms engage actively in CSR programs in a balanced manner to increase non-family member employees’ organisational identification. The findings of the research suggest that by developing and implementing balanced CSR programs, and actively getting engaged in CSR activities, family firms may help their non-family member employees better identify themselves with the firms. The article points out that due to unbalanced CSR resource allocation, family firms face the problem of inefficient CSR program implementation, and are suggested to switch alternatively to an improved scheme. Family firms may be advised to take corresponding steps to select right employees, communicate better with non-family member employees, use resources better and handle firms’ succession problems efficiently. The paper extends employees’ identification and CSR research into the family firm research domain and points out some drawbacks in family firms’ CSR resource allocation while formerly were seldom noticed.
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Rudyanto, Astrid. "IMPACT OF CORPORATE SOCIAL RESPONSIBILITY AND CAPITAL ALLOCATION EFFICIENCY ON FAMILY AND NON -FAMILY FIRMS." Humanities & Social Sciences Reviews 7, no. 4 (September 27, 2019): 617–33. http://dx.doi.org/10.18510/hssr.2019.7482.
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Purpose of the study: Purpose of this study was to examine how family firms differ from non-family firms in the relationship between corporate social responsibility (CSR) and capital allocation efficiency, including slack resources as moderating variables.
Methodology: This study used moderated regression analysis and subgroup analysis of nonfinancial companies listed in Indonesia Stock Exchange from 2011-2016. The data were gathered from Thomson Reuters and analyzed using STATA 14 unbalanced panel fixed effect.
Main Findings: The results show that family firms and non-family firms are different in relation to CSR performance and capital allocation efficiency. When family firms are efficient, there is no relationship between CSR, capital allocation efficiency, and slack resources. When family firms are inefficient, CSR performance negatively affects capital allocation efficiency and slack resources reduce this negative effect.
Implications: It is implied that trade-off theory only applies to non-family firms and inefficient family firms. Family firms are more efficient in allocating resources for CSR. Therefore, shareholders shall not be afraid of investing in family firms.
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Ryu, Haeyoung, and Soo-Joon Chae. "Family Firms, Chaebol Affiliations, and Corporate Social Responsibility." Sustainability 13, no. 6 (March 10, 2021): 3016. http://dx.doi.org/10.3390/su13063016.
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This study analyzes the corporate social responsibility (CSR) activities of family-owned firms by investigating public companies in Korea. By nature of their governance structures, which are aligned with the interests of their shareholders and management, family firms are managed from a long-term perspective based on a sense of ownership. While CSR implementation entails investment costs, it ultimately increases firm value by enhancing the firm’s reputation and brand image. As such, family firms are expected to be more active than non-family firms regarding CSR investments. We conducted an empirical analysis based on the Korean Economic Justice Institute Index (KEJI Index) from the Citizens’ Coalition for Economic Justice and found that family firms’ CSR scores were higher than those of non-family firms. This indicates that family firms are relatively more active in their CSR activities, as they are managed from a long-term viewpoint. However, family firms classified as large-scale corporate groups (chaebols) had lower CSR activity levels. This is because when family firms are classified as corporate groups, they can enjoy monopolistic market positioning through their subsidiaries, and are thus more likely to utilize the resources originally required for CSR in other projects that conform to the pursuit of firm interests.
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Lamb, Nai Hua, Frank Butler, and Philip Roundy. "Family firms and corporate social responsibility: exploring “concerns”." Journal of Strategy and Management 10, no. 4 (November 20, 2017): 469–87. http://dx.doi.org/10.1108/jsma-02-2016-0010.
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Purpose Scholars are devoting increasing attention to understanding a specific type of strategic initiative in family firms: corporate social responsibility (CSR). Prior studies have focused on the strengths of family firms’ CSR performance. However, to more fully understand family firms and their engagement in CSR, a granular approach is needed that teases apart the strengths and concerns of CSR performance and examines the specific dimensions that comprise CSR performance. Thus, the purpose of this paper is to theorize about six negative (i.e. concern-oriented) dimensions of family firms’ CSR performance. Design/methodology/approach To examine the interrelationship between a firm’s percentage of family ownership and its CSR concerns, a sample of 71 public firms from Fortune 500 companies was constructed. The sample includes 13 years of firm-level data spanning 1994-2006 and represents over 600 firm-year observations. Findings As predicted, a higher percentage of family owners’ equity is positively related to diversity-oriented CSR concerns and negatively related to employee relations and environmental CSR concerns. However, the percentage of equity owned by family members is not associated with community, product quality and safety, and corporate governance CSR concerns. Originality/value The paper addresses substantive omissions in existing research on the influence of family ownership on CSR performance.
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Elbaz, Jamal, and Issam Laguir. "Family Businesses And Corporate Social Responsibility (CSR) Orientation: A Study Of Moroccan Family Firms." Journal of Applied Business Research (JABR) 30, no. 3 (April 24, 2014): 671. http://dx.doi.org/10.19030/jabr.v30i3.8552.
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<p>Several researchers have reported that family firms tend to show a CSR orientation in their activities which might increase their performance (Chrisman et al., 2005; O'Boyle et al., 2010).</p> <p>In Morocco, many studies have focused on the integration of CSR principles into businesses without highlighting the impact of family structure on the adoption of CSR. Therefore, the objective of this study was to determine whether the family structure of Moroccan companies influences CSR adoption and how it affects financial performance. We used a framework combining stakeholder theory, legitimacy theory and stewardship theory and investigated the linkage between family structure, CSR orientation and financial performance. Our results show that family structure positively influences the CSR orientation of Moroccan family firms and thus enhances their financial performance. Although this trend is recent in Morocco, our exploratory research on CSR in Moroccan family firms is a first step toward establishing a model to explain this phenomenon in developing countries.</p>
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Guo, Chan. "The Impact of Management Succession on Corporate Social Responsibility of Chinese Family Firms: The Moderating Effects of Managerial Economic Motivations." Sustainability 14, no. 24 (December 12, 2022): 16626. http://dx.doi.org/10.3390/su142416626.
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Because the establishment of private enterprises has been allowed by the Chinese government since the 1980s, management successions have occurred in a large number of Chinese family firms in recent years. Grounded in upper echelons theory and considering the generational differences between founders and successors, it is expected that the initiation of a within-family succession will lead to significant changes in firms’ CSR strategies. Applying the difference-in-difference method, the results suggest that family firms having initiated successions have better CSR performance relative to those that have not initiated successions and succession firms prior to the initiation of successions. The paper further finds that not all post-succession family firms demonstrate homogeneity in terms of CSR. The impact of succession on firms’ CSR is more pronounced for succession family firms with debt financing plans and politically connected successors. This paper contributes to the manager-effect literature, family firm CSR research and management succession studies, and it is also useful to policy makers of Chinese government.
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Brahem, Emna, Florence Depoers, and Faten Lakhal. "Family Control and Corporate Social Responsibility: The Moderating Effect of the Board of Directors." Management international 25, no. 2 (May 27, 2021): 218–38. http://dx.doi.org/10.7202/1077793ar.
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This paper examines the effect of family control on corporate social responsibility (CSR) in French-listed companies. Based on quantile regressions, our results show that family identity and involvement in capital and management positively influence CSR performance, particularly for low-CSR firms. These findings support the socio-emotional perspective of family firms. However, families with excess control engage less in CSR activities for expropriation purposes. Additional analysis shows that board size and gender diversity attenuate the negative effect of excess family control on CSR performance and help then mitigating the expropriation risk by family-controlled firms.
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Biswas, Pallab K., Helen Roberts, and Rosalind H. Whiting. "The impact of family vs non-family governance contingencies on CSR reporting in Bangladesh." Management Decision 57, no. 10 (November 11, 2019): 2758–81. http://dx.doi.org/10.1108/md-11-2017-1072.
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Purpose Based on the socioemotional wealth (SEW) perspective and agency theory, the purpose of this paper is to examine how the introduction of the 2006 Corporate Governance (CG) Guidelines and family governance affected the level of the corporate social responsibility (CSR) reporting of non-financial companies in Bangladesh. Design/methodology/approach The authors use multivariate regression to analyse 2,637 firm-level annual observations, from 1996 to 2011 annual reports of Bangladeshi publicly listed non-financial-sector companies, to investigate how firm-level CG quality affects CSR disclosure in family and non-family firms. Findings CG quality significantly increases the level of CSR disclosure and this relationship is stronger prior to the new CG Guidelines. Family firms’ CSR reporting levels are significantly lower than non-family firms’, and this effect is stronger after the change in the CG Guidelines. CEO duality, the presence of an audit committee and profitability improve family-firm CSR reporting in Bangladesh, while non-family CSR disclosures are positively associated with board size and firm competition. Board independence is not related to CSR disclosure. Originality/value The authors provide evidence of the benefit of the CG Guidelines’ introduction on company CSR disclosure in an emerging economy and the importance of specific governance mechanisms that differentiate family and non-family-firm CSR disclosures in Bangladesh using a SEW framework.
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Lamb, Nai H., and Frank C. Butler. "The Influence of Family Firms and Institutional Owners on Corporate Social Responsibility Performance." Business & Society 57, no. 7 (May 9, 2016): 1374–406. http://dx.doi.org/10.1177/0007650316648443.
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Research on corporate social responsibility (CSR) has traditionally focused on managerial discretion and stakeholders’ influence. This study extends current research by addressing the effect of family firms and institutional owners on CSR performance, namely, CSR strengths and concerns. Based on stewardship theory and the socioemotional wealth perspective, we propose that family firms are more likely to value CSR performance. Next, drawing from multiple agency theory, we predict that institutional owners, unlike family owners, will influence a firm’s CSR performance differently. We tested our hypotheses using a sample of 153 firms from 1994 to 2006 and found general support for our hypotheses. A higher percentage of family owned equity and the presence of a family CEO are found to increase CSR strengths, whereas transient institutional owners have an opposite effect. The presence of a family CEO and founding family are found to reduce CSR concerns. Contrary to our predictions, dedicated institutional owners are positively associated with CSR concerns.
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Singh, Shubham, and Shashank Mittal. "Analysis of drivers of CSR practices’ implementation among family firms in India." International Journal of Organizational Analysis 27, no. 4 (September 2, 2019): 947–71. http://dx.doi.org/10.1108/ijoa-09-2018-1536.
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Purpose Differences in institutional environment and governance structures pave the way for heterogeneous nature of different businesses; this, in turn, shapes the way various sections of society act toward each other enacting their responsibilities. Taking into account the unique institutional environment and governance structures of firms in developing economies, this paper aims to build on the “stakeholder theory” to address the issue of the implementation of corporate social responsibilities (CSR) practices in these economies, particularly India. This paper also aims to uncover the saliency (legitimacy and power) of different stakeholder groups on different aspects of a firm’s CSR activities. Further, as most of the firms in developing economies are family-run firms, the paper examines role of organizational leadership in shaping firms’ CSR strategies. Design/methodology/approach Integrating literature on “stakeholder theory” and CSR, this paper examines the implementation of different CSR practices by family-run firms in India. This paper uses survey research to collect data from 80 privately held family firms operating in apparel and textiles industry in India. The data have been collected from respondents holding top leadership positions in the sample firms. Findings The findings indicate that pressure from primary stakeholders (i.e. customers, employees and shareholders) and CSR-oriented leadership belief significantly influence organizational implementation of CSR practices, whereas pressure from secondary stakeholder (i.e. community groups and non-governmental organizations) was found to be insignificant. Further, CSR-oriented leadership belief moderated the relationship between primary stakeholder pressure and organizational implementation of CSR practices. The findings equally highlighted lower saliency of secondary stakeholder’s legitimacy and power because of weak institutional mechanisms, while on the other hand, the primary stakeholders exert considerable power because of the direct nature of transactional legitimacy, further accentuated by the governance structure in family firms. Originality/value This paper is among the very few studies that address the issue of CSR among family-run businesses in developing economies. Existing frameworks on analyzing firm’s implementation of CSR practices does not recognize the inherent heterogeneity among different stakeholder groups. Recognizing that different stakeholders have different levels of influence over firms, this paper categorized the stakeholders’ groups into primary and secondary to analyze their differential impact over firms. Additionally, given the critical role of leadership belief in the implementation of CSR practices, this paper analyzed the moderated effect of CSR-oriented leadership belief toward developing a more robust model of CSR implementation.
Dissertations / Theses on the topic "CSR. Family firms. Frauds"
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Ciaburri, Mirella. "Behaviour of firms: virtues and vices: from CSR to financial statements frauds." Doctoral thesis, Luiss Guido Carli, 2017. http://hdl.handle.net/11385/201141.
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Are family firms and non family firms different in approaching CSR? An integrated framework about why and how family firms engage in CSR. CSR reporting and ownership structure: evidence from italian listed companies. Financial statements fraud: does their intensity have a connection with earnings management? Business planning in biobanking: how to implement a tool for sustainability.
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Ahunov, Husanboy, and Andreas Eriksson. "Sustainability Reporting by Swedish Family Firms : A Panel Data Analysis." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2019. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-387514.
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Introduction - Sustainability reporting is becoming more and more important for businesses all around the world. Extant empirical literature investigating the relationship between family status and sustainability reporting provides inconclusive results. No previous studies investigated this association in the Swedish setting. Purpose - The purpose of this study is to investigate how family control and influence affects sustainability reporting behavior of Swedish listed firms. Theoretical framework – Sustainability disclosures are considered as effective means for companies to communicate with their stakeholders. Family firms are more concerned about their internal and external stakeholders in order to protect family’s socioemotional endowments. Methodology design – We use panel data on Swedish listed firms over the period of 2008-2015. We analyze data with random-effects ordered probit regression for panel data. Empirical findings - When we treat all family firms as homogenous, there are no statistically significant differences in the levels of reports of family and non-family firms. However, when we take into account internal contexts of family firms, we find that a family member(s) in top management or a family CEO make family firms more transparent about their sustainability performance. Conclusion – We document that presence of a family top manager(s) or of a family CEO is associated with higher level of details of sustainability reports. Family top managers are more likely to be concerned about internal and external stakeholders to preserve the family’s SEW.
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Suzanne, Nzazi, and Odh Martin. "Företags samhällsansvar : I små och medelstora svenska familjeföretag." Thesis, Högskolan i Skövde, Institutionen för handel och företagande, 2015. http://urn.kb.se/resolve?urn=urn:nbn:se:his:diva-11208.
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Bakgrund: Företag har en stark påverkan på globala samhällsbeteenden och attityder. Ett företags ekonomiska styrkor och de val företaget gör har en stor inverkan på arbetsförhållanden, miljö, ekonomi och samhällen de verkar inom. Följaktligen är företagens sociala ansvar ett viktigt inslag i den sociala och miljömässiga utvecklingen. I och med att familjeföretag är den mest dominerande företagsformen i världen blir deras insatser betydelsefulla för miljön och samhället. Forskningsfråga: Varför väljer små respektive medelstora svenska familjeföretag att arbeta med CSR? Syfte: Syftet med denna studie är att identifiera olika CSR-arbeten som små respektive medelstora svenska familjeföretag arbetar med och utifrån det, undersöka varför dessa familjeföretag använder sig av CSR. Fokus ligger på att studera motiven till deras val att använda sig av CSR. Metod: Denna studie har genomförts genom en komparativ flerfallstudie. Fyra små och medelstora svenska familjeföretag har varit grund till empirin. Empirin har till största del bestått av intervjuer men intervjuer har kompletterats med material från årsredovisning, lokaltidningar och hemsidor. Slutsats: Studiens resultat visar att de undersökta familjeföretagen arbetar med bland annat sponsring, välgörenhet, användning av miljöprodukter osv. Dessa familjeföretag har flera olika motiv till varför de arbetar med CSR. De mest betydande motiven är att allmänheten förväntar sig att familjeföretag ska ta sitt ansvar gentemot samhället. Dessutom sätter myndigheter vissa krav som företag blir tvungna att följa för att få fortsätta vara verksamma. Familjeföretag arbetar med CSR för att de vill få något tillbaka från samhället i form av lojalitet eller marknadsandelar. Familjeföretagen vill att deras medarbetare ska vara lojala mot företagen genom att medarbetarna känner sig stolta att deras arbete bidrar till någonting bra i samhället. familjeföretagen arbetar med CSR för att stärka sin identitet, sitt rykte och sin image. Nyckelord: Familjeföretag, Corporate Social Responsibility, samhällsansvarBackground: Companies have a strong impact on global social behaviors and attitudes. The economic strengths and the choice of enterprises have a great impact on working conditions, environment, economy and the communities in which they operate. Consequently, Corporate Social Responsibility is an important component of social and environmental development. As family businesses are the most dominant forms of enterprises in the world, their efforts are therefore important for both environment and society. Research question: Why do small and medium-sized Swedish family businesses choose to work with CSR? Purpose: The purpose of this study is to identify the various CSR activities in Sweden that small and medium-sized family businesses work with and the reason these family businesses make use of CSR. The focus is on studying the reasons for their choices of implementing CSR based on the first survey activities. Method: This study has been carried out through a comparative multi-case study. Four small and medium-sized Swedish family businesses form the basis of empirical data. The empirical data has largely consisted of interviews, supplemented with material from annual reports, local newspapers and websites. Conclusion: The study results show that the examined family businesses work with sponsorship, charity, use of green products, etc. These family businesses have different reasons for why they work with CSR. One of the most important motives is that the public expects the family businesses to take their responsibility towards society, since authorities put certain requirements that companies will have to follow in order to continue to operate. Furthermore family businesses are working with CSR because they want to get something back from society in the form of loyalty or market shares. Family businesses want their employees to be loyal to the business by making employees feel proud that their work contributes to something good in society. Family businesses are working with CSR to strengthen their identity, reputation and image. Keywords: Family business, family firms, Corporate Social Responsibility
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Milonas, Kristoffer. "Essays in Empirical Finance." Doctoral thesis, Handelshögskolan i Stockholm, Institutionen för Finansiell ekonomi, 2015. http://urn.kb.se/resolve?urn=urn:nbn:se:hhs:diva-2324.
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This thesis contains three self-contained chapters, covering different subjects but using similar methods: The Effect of Foreclosure Laws on Securitization: Evidence from U.S. States shows that mortgage loans are less likely to be securitized in states with costlier foreclosure procedures. I interpret this in light of prior literature showing a higher foreclosure risk for securitized loans, due to unwillingness to renegotiate by the agents working on behalf of investors. Moreover, the magnitude of the effect increases for loans with higher risk of default, and disappears for loans where state foreclosure laws usually do not apply. Do daughters make family firms more sustainable? studies listed companies with a family owning a large block of shares, and asks how the family composition affects the company’s policies. Creating a novel Swedish data set, I find that environmental performance improves when the family has more daughters. The effect does not seem to operate through more adult daughters leading to more female CEOs or board members, or through the appointment of family members as CEOs. Bank taxes, leverage and risk uses staggered changes in US state-level bank taxation, and documents an increase in leverage when taxes are raised. Banks partly dampen the effect by adjusting their Tier 2 capital (a lower-quality form of regulatory capital that is less able to absorb losses), and by reducing the risk on the asset side of the balance sheet as measured by regulators.Diss. Stockholm : Stockholm School of Economics, 2015. Introduction together with 3 papers
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Chao, Yu-Shan, and 趙余珊. "Do The CSR Family Firms Have Less Effective Tax Rates?" Thesis, 2015. http://ndltd.ncl.edu.tw/handle/69100301322294872956.
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碩士國立東華大學
會計與財務碩士學位學程
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This study examine the association between the CSR family firm and tax avoidance by using three effective tax rates. The sample is based on Taiwan corporations from 2011 to 2013. First, this research uses the family firms defined by TEJ to examine whether the family firms and non-family firms have different tax avoidance behavior, and result does not find the difference between them. Following this research examined the association between family firms and CSR, and we find that family firms are more CSR than non-family firms; this study further finds family firms’ CSR scores are lower than non-family firms. Finally, this research examines whether CSR can affect the family firms’ tax avoidance behavior, and find family firms that have CSR are more likely to have tax avoidance.
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Huang, Li-Ting, and 黃俐婷. "The Association between Corporate Social Performance and Family Firms: Evidences from the CSR Rating Agency." Thesis, 2014. http://ndltd.ncl.edu.tw/handle/ff2w3m.
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碩士國立東華大學
會計與財務碩士學位學程
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Family-controlled firms are important forces in the development of Taiwan's economic growth, and their unique shareholder ownership structure affects their operating performance. This study examines the relationship between family-controlled firms and the corporate social performance (CSP). The sample selected from Taiwan listed companies rated by CSRHUB. Empirical results show that: first, family-controlled firms show poor CSP relative to non family-controlled firms. Second, family-controlled firms have lower grades in each four dimensions of CSP ─ community, employees, environment, and corporate governance. Furthermore, this study documents that when firms are non-family-controlled type and also selected from Common Wealth Magazine "Best Corporate Citizen TOP50", they show the best CSP.
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Kashmiri, Saim. "When business is in the blood : essays on the link between family ownership, strategic behavior and firm performance." Thesis, 2012. http://hdl.handle.net/2152/ETD-UT-2012-05-5003.
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Family firms play a significant role in the U.S. economy, making up about 35 percent of S&P 500 or Fortune 500 companies and contributing about 65 percent to the U.S. GDP. This research explores differences in strategic behavior and firm performance between family firms and non-family firms, and further explores whether family firms such as Dell Inc. that use their founding family’s name as part of their firm name (termed family-named firms, or FN firms) behave and perform any differently versus family firms such as Gap Inc. whose firm name does not include their family’s name (termed non-family-named firms, or NFN firms).
The first study which is based on a multi-industry sample of 130 publicly listed U.S. family firms over a five-year period (2002–2006), reveals that compared to NFN firms, FN firms have significantly higher levels of corporate citizenship and representation of their customers' voice (i.e., presence of a chief marketing officer) in the top management team. FN firms also have a higher strategic emphasis (i.e., a greater emphasis on value appropriation relative to value creation) compared to NFN firms. Furthermore, FN firms perform better (i.e., have a higher ROA) than NFN firms, and their superior performance is partially mediated by their higher corporate citizenship levels and strategic emphasis.
In the second study — an event study of 1294 product introduction announcements of 107 publicly listed U.S. family firms from 2005-2007 — I find that relative to NFN firms, FN firms are rewarded more by the stock market for introducing new products. Superior returns to FN firms’ new product introductions are partially mediated by these firms’ history of trustworthy product-related behavior: FN firms, particularly those with corporate branding, and those wherein a founding family member holds the CEO or Chairman position, are more likely to exhibit a history of avoiding such product-related controversies as product safety issues, and deceptive advertising.
The third study explores differences in strategic behavior and firm performance between family firms and non-family firms in the context of 7 U.S. economic recessions between the years 1970 and 2008. Findings based on a sample of 428 U.S. publicly listed firms reveal that family firms consistently outperform non-family firms during economic recessions. This superior performance is partially driven by family firms’ unique strategic behavior: during recessions, family firms maintain higher levels of advertising intensity, exhibit lower financial leverage, and get involved in fewer social and employee-related unethical actions than non-family firms.
The three studies taken together have important implications for family firm, branding, CSR, firm valuation, and innovation-related theory and practice. I highlight these implications in my dissertation.text
Book chapters on the topic "CSR. Family firms. Frauds"
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Guajardo, Salvador S., Aurora Correa-Flores, Barbara I. Mojarro-Durán, and Alfonso Ernesto Benito Fraile. "CSR Initiatives of Family Firms." In Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business, 149–72. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-8012-6.ch008.
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This chapter studies the corporate social responsibility (CSR) initiatives of the leading Mexican business groups. Investigating in family firms is essential because they represent the world's most predominant form of organization. One way in which family firms organize their economic activity and structure are business groups. Mexican family firms conform to business groups within the same family. The purpose of this chapter is to inquiry the corporate social initiatives emanating from the main Mexican business groups. Through quantitative and qualitative exploratory research, findings show that business groups in Mexico orient their corporate social initiatives into internal and external strategies, and tend to distribute disproportionally the amount of initiatives and money invested among each of its affiliates. Also, firms affiliated to a business group have a higher probability than unaffiliated firms of being classified as “sustainable,” according to the IPC Sustainable Index.
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Guajardo, Salvador S., Aurora Correa-Flores, Barbara I. Mojarro-Durán, and Alfonso Ernesto Benito Fraile. "CSR Initiatives of Family Firms." In Research Anthology on Developing Socially Responsible Businesses, 1288–311. IGI Global, 2022. http://dx.doi.org/10.4018/978-1-6684-5590-6.ch064.
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This chapter studies the corporate social responsibility (CSR) initiatives of the leading Mexican business groups. Investigating in family firms is essential because they represent the world's most predominant form of organization. One way in which family firms organize their economic activity and structure are business groups. Mexican family firms conform to business groups within the same family. The purpose of this chapter is to inquiry the corporate social initiatives emanating from the main Mexican business groups. Through quantitative and qualitative exploratory research, findings show that business groups in Mexico orient their corporate social initiatives into internal and external strategies, and tend to distribute disproportionally the amount of initiatives and money invested among each of its affiliates. Also, firms affiliated to a business group have a higher probability than unaffiliated firms of being classified as “sustainable,” according to the IPC Sustainable Index.
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Brunninge, Olof, Markus Plate, and Marcela Ramirez-Pasillas. "Family Business Social Responsibility: Is CSR Different in Family Firms?" In Research on Emotion in Organizations, 217–44. Emerald Publishing Limited, 2020. http://dx.doi.org/10.1108/s1746-979120200000016017.
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Scalzo, Germán, and Héctor X. Ramírez-Pérez. "Virtue Ethics: A Contribution to Family Firms." In Strategy, Power and CSR: Practices and Challenges in Organizational Management, 279–94. Emerald Publishing Limited, 2020. http://dx.doi.org/10.1108/978-1-83867-973-620201015.
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Mari, Carlo, and Olimpia Meglio. "Responsibility and Sustainability Choices in the Animal Feed Industry." In Research Anthology on Strategies for Maintaining Successful Family Firms, 721–36. IGI Global, 2022. http://dx.doi.org/10.4018/978-1-6684-3550-2.ch033.
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The conventional discourse on corporate social responsibility (CSR) focuses on big companies and tends to neglect small, medium, and family firms. However, scholars state that simply scaling down CSR theories does not capture the variations in CSR choices across companies and contexts. The authors remedy this state of affairs by investigating an Italian family firm in the animal feed industry in light of an integrative framework that combines institutional- and company-level factors explaining the variations in CSR choices. The findings highlight how the company under investigation is committed to ensuring animal welfare by offering healthy and safe animal feed through innovation and certification. In addition, the company is well embedded in the local community and represents a point of reference for the inhabitants. Initiatives ranging from scholarships to university exchange programs to running races contribute to mobilizing human resources and to improving the company's brand awareness.
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"Corporate Governance in Family Firms: A Comparison between Italy and Turkey." In Global Perspectives on Corporate Governance and CSR, 219–54. Routledge, 2016. http://dx.doi.org/10.4324/9781315584959-16.
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Arzubiaga, Unai, Julen Castillo-Apraiz, and Jesús Manuel Palma-Ruiz. "Competitive Advantage Development in Family Firms by Transforming Entrepreneurial Orientation Into CSR." In Research Anthology on Developing Socially Responsible Businesses, 530–46. IGI Global, 2022. http://dx.doi.org/10.4018/978-1-6684-5590-6.ch026.
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The importance of family firms (FF) for industrialized and developing countries is vindicated due to their capacity to create employment, the considerable contribution to the gross domestic product (GDP), and their particular ability to create wealth. Entrepreneurial orientation (EO) and corporate social responsibility (CSR) are among the topics that have lately aroused the interest of FF related research. EO is considered a significant issue for firms´ survival and growth as it may help businesses to develop competitive advantage and lead to better performance. This chapter aims to shed light on the relationship between the EO of FF and their commitment to CSR as a source of competitive advantage. For this purpose, this chapter analyzes how the CSR concept has evolved and positioned in Spain. Thus, an overview of the EO construct is presented. Finally, an analysis of the EO-CSR interface is described with a particular focus on Spanish FF. Even though the focus in this chapter is on FF, the conclusions could be to some extent generalized to small and medium-sized enterprises (SMEs).
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Elicegui-Reyes, José Ignacio, Jesús Barrena-Martínez, and Pedro M. Romero-Fernández. "Emotional Capital and Sustainability in Family Businesses." In CSR 2.0 and the New Era of Corporate Citizenship, 231–50. IGI Global, 2017. http://dx.doi.org/10.4018/978-1-5225-1842-6.ch012.
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Currently, family businesses are facing huge competition and economic difficulties aggravated further by the present crisis in which companies are immersed. Additionally, the lack of a specialized human resource management function in these kinds of firms makes an efficient process of generational change difficult, which represents a major challenge for the sustainability of these organizations. The links between family and their emotional ties are, in this regard, an important aspect to consider in human resource management. This chapter examines, in theoretical terms, how emotional capital can be a key factor, not only for attracting and retaining talent, but also for ensuring competitiveness in economic, social and environmental aspects, and therefore its sustainability, understood as a balance of economic, social and environmental performances.
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Atristain-Suárez, Connie, and Santiago García-Álvarez. "Narrative and Family Business Firms: A Discourse Framework Toward Continuity and Competitiveness." In Strategy, Power and CSR: Practices and Challenges in Organizational Management, 101–18. Emerald Publishing Limited, 2020. http://dx.doi.org/10.1108/978-1-83867-973-620201005.
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Arzubiaga, Unai, Julen Castillo-Apraiz, and Jesús Manuel Palma-Ruiz. "Competitive Advantage Development in Family Firms by Transforming Entrepreneurial Orientation Into CSR." In Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business, 112–28. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-8012-6.ch006.
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