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Corporate social responsibility in family firms: Can corporate communication affect CSR performance?

handle: 20.500.14279/29958 , 2318/1903253
Drawing on the stewardship theory (ST) and socio-emotional wealth (SEW) perspective, this study investigates the role of sustainable activities within family firms (FFs) and the effect of marketing strategic decisions in improving their corporate social responsibility performance. To achieve the research aims, we analysed a sample of 730 American and European listed companies from 2015 to 2020. The results show that family businesses are more socially responsible than non-family businesses due to the presence of stewards. However, strategic marketing decisions have unclear effects in achieving these outcomes. This study expands the literature on ST and SEW in FFs, integrating them with sustainable principles. We also contribute to the sustainability debate and marketing literature related to FFs.
- University of Turin Italy
- University of Nicosia Cyprus
- Cyprus University of Technology Cyprus
- University of Nicosia Cyprus
Socio-emotional wealth, Social Sciences, Stewardship theory, Media and Communications, Sustainability, Corporate communication, CSR performance, Family firms
Socio-emotional wealth, Social Sciences, Stewardship theory, Media and Communications, Sustainability, Corporate communication, CSR performance, Family firms
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).17 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Top 10% influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Average impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Top 10%
