How do family responsible ownership practices enhance social responsibility in small and medium family firms?

Artikel

This paper aims to measure the influence of the family responsible ownership practices on the socially responsible behaviour of family small and medium firms. To reach this purpose, we define six hypothesis and we apply an empirical testing of an integrative model. Based on a sample of 84 family SMEs, we use structural equation modelling to test for possible relationships within and between the constructs. This study reveals the relevance of the family responsible ownership practices as a driver that influences social responsible practices in family SMEs. The results confirmed that positive relationships exist between each of the following three antecedents: a) responsible management succession, b) responsible financial resource allocation and c) professionalism and social responsibility among family SMEs. Additionally, a positive relationship between family responsible ownership practices and family firm social responsibility was found.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: European Journal of Family Business (EJFB) ; ISSN: 2444-877X ; Volume: 10 ; Year: 2020 ; Issue: 1 ; Pages: 66-79 ; Málaga: UMA Editorial, Universidad de Málaga

Classification and Topics

• Classification: Management ; Corporate Culture; Diversity; Social Responsibility
• Subject: social responsibility ; family responsible ownership practices ; stewardship theory ; small and medium family firms

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Aragon-Amonarriz, Cristina ; Iturrioz, Cristina
• Event: Veröffentlichung
• (who): UMA Editorial, Universidad de Málaga
• (where): Málaga
• (when): 2020

Further information

• DOI: doi:10.24310/ejfbejfb.v10i1.6688
• Handle: http://hdl.handle.net/10419/231732
• Last update: 10.03.2025, 11:43 AM CET