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Article Dans Une Revue International Journal of Financial Studies Année : 2014

The Corporate Social Responsibility of Family Businesses: An International Approach

Résumé

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 " .
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Dates et versions

hal-01382070 , version 1 (15-10-2016)

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Gérard Hirigoyen, Thierry Poulain-Rehm. The Corporate Social Responsibility of Family Businesses: An International Approach. International Journal of Financial Studies, 2014, 2014, pp.240 - 265. ⟨10.3390/ijfs2030240⟩. ⟨hal-01382070⟩
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