12 juillet 2014
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info:eu-repo/semantics/altIdentifier/doi/10.3390/ijfs2030240
info:eu-repo/semantics/OpenAccess
Gérard Hirigoyen et al., « The Corporate Social Responsibility of Family Businesses: An International Approach », HALSHS : archive ouverte en Sciences de l’Homme et de la Société, ID : 10.3390/ijfs2030240
This study analyzes the links between listed family businesses and social responsibility. On the theoretical level, it establishes a relationship between socioemotional wealth, proactive stakeholder engagement, and the social responsibility of family businesses. On a practical level, our results (obtained from a sample of 363 companies) show that family businesses do not differ from non-family businesses in many dimensions of social responsibility. Moreover, family businesses have statistically significant lower ratings for four sub-dimensions of " corporate governance " , namely " balance of power and effectiveness of the Board " , " audit and control mechanisms " , " engagement with shareholders and shareholder structure " , and " executive compensation " .