Founding-Family Firms and CSR Performance in the Emerging Economy of India: A Socio-Emotional Wealth Perspective
نویسندگان
چکیده
Family firms are considered a function of the family’s influence on firm’s strategic choices by pursuing vision for firm. Based premise socio-emotional wealth (SEW) theory, this study investigates whether they follow CSR as choice to grow and preserve SEW embrace social norms. Using sample 88 publicly listed founder-controlled in India, found that more family member participation improves performance. The relationship is robust when participating members serve owners managers. Further, between augmented female participant. findings additional analyses show attuned environmental performance than other two dimensions (social governance). Finally, related firm assessed ROA Tobin Q. support theory members’ has incentives choosing decision. offers economic benefits enterprises.
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ژورنال
عنوان ژورنال: Sustainability
سال: 2023
ISSN: ['2071-1050']
DOI: https://doi.org/10.3390/su15108189