Abstract

http://ssrn.com/abstract=1948552
 
 

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The Effect of Family Ownership on Different Dimensions of Corporate Social Responsibility: Evidence from Large US Firms


Jorn H. Block


University of Trier - Faculty of Management; Erasmus University Rotterdam (EUR) - Institute of Management (ERIM)

Marcus Wagner


Julius-Maximilians-University of Wuerzburg; BETA

October 24, 2011

Business Strategy and the Environment, Forthcoming

Abstract:     
Prior research has shown that family firms differ from non-family firms with regard to aggregate measures of corporate social responsibility (CSR). We argue that CSR is a multidimensional concept that comprises several aspects, which range from employee relations to ecological concerns and product issues. Based on an organizational and family identity perspective, we argue that the effect of family ownership can differ across various CSR dimensions. Family firms can be responsible and irresponsible regarding CSR at the same time. We use a dataset of large US firms to test our hypotheses. Our Bayesian regressions show that family ownership is negatively associated with community-related CSR performance and positively associated with diversity-, employee-, environment-, and product-related aspects of CSR. The largest positive effect of family ownership on CSR performance exists with regard to product-related aspects of CSR.

Number of Pages in PDF File: 36

Keywords: Family firms, corporate social responsibility, CSR

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Date posted: October 24, 2011 ; Last revised: March 28, 2013

Suggested Citation

Block, Jorn H. and Wagner, Marcus, The Effect of Family Ownership on Different Dimensions of Corporate Social Responsibility: Evidence from Large US Firms (October 24, 2011). Business Strategy and the Environment, Forthcoming. Available at SSRN: http://ssrn.com/abstract=1948552 or http://dx.doi.org/10.2139/ssrn.1948552

Contact Information

Jorn Hendrich Block (Contact Author)
University of Trier - Faculty of Management ( email )
D-54296
Germany
Erasmus University Rotterdam (EUR) - Institute of Management (ERIM) ( email )
Burgemeester Oudlaan 50
3000 DR Rotterdam, Zuid-Holland 3062PA
Netherlands
Marcus Wagner
Julius-Maximilians-University of Wuerzburg ( email )
Stephanstr. 1
Wuerzburg, D-97070
Germany
BETA ( email )
France
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