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| Author: | Bingham, J.B. (et al.) |
| Title: | A stakeholder identity orientation approach to corporate social performance in family firms |
| Journal: | Journal of Business Ethics
2011 : APR I, VOL. 99:4, p. 565-585 |
| Index terms: | family firms stakeholders social responsibility |
| Freeterms: | corporate social performance |
| Language: | eng |
| Abstract: | This study examines differences in corporate social performance (CSP) activity btw. family and non-family firms. It is argued that CSP activity can be explained by the firm's identity orientation toward stakeholders. Particularly, individualistic, relational, or collectivistic identity orientations can describe a firm's level of CSP activity toward certain stakeholders. It is suggested that family firms adopt a more relational orientation toward their stakeholders than non-family firms, hence engaging in higher levels of CSP. Using social performance rating data from 1991 to 2005, it is found that family and non-family firms demonstrate notable differences in terms of social initiatives and social concerns. |
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