Firm Philanthropy in Small and Mediun-Sized Family Firms: The Effects of Family Involvement in Ownership and Management

Campopiano G., De Massis A., Chirico F. (2014) Firm Philanthropy in Family Firms: The Effects of Family Involvement in Ownership and Management. Family Business Review, Forthcoming

34 Pages Posted: 26 May 2014

See all articles by Giovanna Campopiano

Giovanna Campopiano

University of Witten/Herdecke

Alfredo De Massis

Lancaster University - Management School

Francesco Chirico

Macquarie University, Macquarie Business School; Jonkoping University - Jonkoping International Business School (JIBS)

Date Written: May 25, 2014

Abstract

Drawing on stewardship theory and arguments in relation to social and reputational capital, this study investigates how family involvement affects engagement in firm philanthropy in small and medium-sized family firms. Specifically, we argue that family involvement in ownership positively influences firm philanthropy while its interaction with family involvement in management produces a negative effect. Based on a sample of 130 Italian family firms, our findings offer important implications for theory and practice and pave the way for future research in the field of philanthropy in the family firm context.

Keywords: Philanthropy; Social issues; Family involvement; Family firms; Ownership dispersion

Suggested Citation

Campopiano, Giovanna and De Massis, Alfredo and Chirico, Francesco, Firm Philanthropy in Small and Mediun-Sized Family Firms: The Effects of Family Involvement in Ownership and Management (May 25, 2014). Campopiano G., De Massis A., Chirico F. (2014) Firm Philanthropy in Family Firms: The Effects of Family Involvement in Ownership and Management. Family Business Review, Forthcoming, Available at SSRN: https://ssrn.com/abstract=2441680

Giovanna Campopiano (Contact Author)

University of Witten/Herdecke ( email )

Alfred-Herrhausen-Straße 50
Witten, 58448
Germany

Alfredo De Massis

Lancaster University - Management School ( email )

Bailrigg
Lancaster, LA1 4YX
United Kingdom

Francesco Chirico

Macquarie University, Macquarie Business School ( email )

New South Wales 2109
Australia

Jonkoping University - Jonkoping International Business School (JIBS) ( email )

Jönköping, 55111
Sweden

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