The mediating effect of ethical codes on the link between family firms and their social performance

2017 ◽  
Vol 50 (6) ◽  
pp. 756-765 ◽  
Author(s):  
Beatriz Cuadrado-Ballesteros ◽  
Lázaro Rodríguez-Ariza ◽  
Isabel-María García-Sánchez ◽  
Jennifer Martínez-Ferrero
Keyword(s):  
Family Firms ◽  
Social Performance ◽  
Mediating Effect ◽  
Ethical Codes

scholarly journals CSR Strategic Approach, Financial Resources and Corporate Social Performance: The Mediating Effect of Innovation

2018 ◽  
Vol 10 (10) ◽  
pp. 3611 ◽  
Author(s):  
Pasquale Ruggiero ◽  
Sebastiano Cupertino
Keyword(s):  
Corporate Social Performance ◽  
Social Performance ◽  
Critical Factor ◽  
Mediating Effect ◽  
Financial Resources ◽  
Innovation Activities ◽  
Strategic Approach ◽  
Social And Environmental Performance ◽  
Corporate Social ◽  
The Relationship

Given the current undefined relational effect between corporate financial performance (CFP) and corporate social performance (CSP) and the potentially myopic behavior of managers, this paper answers the call from some scholars to contribute towards a better understanding of the relationship between CFP and CSR. Different from other papers, it does so by analyzing the role of innovation activities as a mediator between CFP and CSR, applying a regression and mediation analysis between firms’ financial resources, innovation initiatives, and social and environmental performance. The results demonstrate that innovation is a critical factor in the relationship between CFP and corporate social performance (CSP) as it enables organizations to respond to new economic, social and environmental challenges faster and better than organizations that are not able to innovate. Therefore, the investment of financial resources in innovation initiatives is one of the most important levers to pursue and to increase CSP.

Who are the best performers? The environmental social performance of family firms

2018 ◽  
Vol 9 (1) ◽  
pp. 33-43 ◽  
Author(s):  
Georges Samara ◽  
Dima Jamali ◽  
Vicenta Sierra ◽  
Maria Jose Parada
Keyword(s):  
Family Firms ◽  
Social Performance

scholarly journals The Effect of Corporate Visibility on Corporate Social Responsibility

2019 ◽  
Vol 11 (13) ◽  
pp. 3698 ◽  
Author(s):  
Frank Li ◽  
Taylor Morris ◽  
Brian Young
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Firm Size ◽  
Positive Relationship ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Mediating Effect ◽  
The Public ◽  
Corporate Social ◽  
The Relationship

Outside of direct ownership, the general public may feel it is an implicit stakeholder of a firm. As the public becomes more vested in a firm’s actions, the firm may be more likely to engage in Corporate Social Responsibility (CSR) activities. We proxy for the public’s stake in a firm with public visibility. Based on 3400 unique newspaper publications from 1994–2008, we measure visibility for the S&P 500 firms with the frequency of print articles per year concerning the firm. We find that visibility has a signficant, positive relationship with the CSR rating. Evidence also suggests this relationship may be causal and working in one direction, from visibility to CSR. While the existing literature provides other factors that influence CSR, visibility proves to have the most significant impact when tested alongside those other factors. Visibility also has a mediating effect on the relationship between CSR rating and firm size. CSR rating and firm size relate negatively for the lowest visibility firms and positively for the highest. This paper provides strong evidence that visibility is an important factor to consider for studies on corporate social performance.

scholarly journals How Social Entrepreneurs Affect Performance of Social Enterprises in Korea: The Mediating Effect of Innovativeness

2018 ◽  
Vol 10 (8) ◽  
pp. 2643 ◽  
Author(s):  
Changhwan Shin
Keyword(s):  
Economic Performance ◽  
Social Enterprise ◽  
Social Performance ◽  
Social Enterprises ◽  
Mediating Effect ◽  
Government Support ◽  
Policy Implications ◽  
Social Entrepreneurs ◽  
The Social ◽  
Positive Direct

Schumpeter argued that entrepreneurship brings about creative destruction in capitalist economies. South Korea enacted the Social Enterprise Promotion Act in 2007 to promote corporate social enterprise. However, despite government support, social enterprises in Korea are not successful, especially in social and economic performance, which is defined as the social and economic value that social enterprises should pursue. A questionnaire survey was conducted among 100 social entrepreneurs, and the structural equation model was used as the research method. The results of the analysis are as follows. Openness and innovativeness have a positive direct impact on economic as well as social performance. In addition, openness and innovativeness play a mediating role not only in social performance, but also in economic performance. This paper suggests theoretical and policy implications based on the above analysis.

scholarly journals Corporate Philanthropy and Improvement in Social Performance: Mediating Effect of Economic Performance

2011 ◽  
Vol 18 (4) ◽  
pp. 175-202
Author(s):  
Seungwha Chung ◽  
조상미 ◽  
Lee, Ji-Man ◽  
표현상 ◽  
Chul Hee Kang
Keyword(s):  
Economic Performance ◽  
Corporate Philanthropy ◽  
Social Performance ◽  
Mediating Effect

scholarly journals Family Firms And Corporate Social Responsibility (CSR): Preliminary Evidence From The French Stock Market

2014 ◽  
Vol 30 (4) ◽  
pp. 971 ◽  
Author(s):  
Issam Laguir ◽  
Jamal Elbaz
Keyword(s):  
Family Member ◽  
Family Involvement ◽  
Family Firms ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Pearson Correlation ◽  
Ordinary Least Squares ◽  
Annual Reports ◽  
Least Squares Regression ◽  
Corporate Social

This paper examines the CSR practices of family firms listed in the French financial market and distinguishes between those managed by a family member CEO and those managed by a competent external CEO. We adopt an exploratory approach and begin with a content analysis of the annual reports from family firms listed in the CAC 40 index during the 2005-2011 period. We then conduct various statistical techniques (e.g., Pearson correlation analysis and ordinary least squares regression analysis) to study the relationships among social performance and family involvement. This paper is the first to provide a preliminary assessment of French family firms CSR practices in the current economic context. The study suggests that family firms intensify their CSR efforts during the 2005-2011 period. Our study also reveals that family firms managed by competent external CEOs show better social performance than those managed by family member CEOs. Indeed, the empirical results consistently show a negative and statistically significant association between family involvement and corporate social performance.

Corporate social performance in family firms: a meta-analysis

2018 ◽  
Vol 8 (3) ◽  
pp. 235-273 ◽  
Author(s):  
Sergio Canavati
Keyword(s):  
Family Firms ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Meta Analysis ◽  
Empirical Studies ◽  
Content Type ◽  
The Family ◽  
Corporate Social ◽  
The Relationship

Purpose Empirical studies provide conflicting conclusions regarding the corporate social performance (CSP) of family firms. The purpose of this paper is to synthesize the existing empirical evidence and examine the potential role of research design and contextual factors. Design/methodology/approach A meta-analysis of existing empirical studies was performed to examine the role of sampling, measurement and contextual factors in explaining the different and often conflicting results of empirical studies in the family business literature. Findings The overall relationship between family firms and CSP is positive. The relationship between family firms and CSP is positive for private family firms but is negative for public family firms. The relationship between family firms and CSP is positive when family involvement includes both family ownership and management as opposed to only family ownership or family management. Private family firms care more and public family firms care less about the community, environment, and employees than private and public nonfamily firms. The relationship between family firms and CSP is stronger in institutional environments with weak labor and corporate governance regulatory frameworks. Research limitations/implications The operationalization of both the family firm and CSP constructs significantly predicts the magnitude and direction of the relationship between family firms and CSP. Practical implications Family firms should become more skilled at measuring and disseminating information about the firm’s CSP. Family firms should work to improve public perceptions about the CSP of family firms. Social implications Policy should encourage family firms to remain privately owned by the family. Policy should also incentivize the involvement of family owners in the management of family firms. Originality/value Although several literature reviews address the relationship between family firms and CSP, this is the first review to use the meta-analysis method. The authors contribute to the family business literature by analyzing how differences in study-, firm- and country-level factors can explain some of the variance in the results of the studies in the literature.

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