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Trees in the Forest: How Do Family Owners Make CSR Decisions in Business Groups?

cris.lastimport.scopus2024-02-12T20:50:16Z
dc.abstract.enPrevious studies have been split over how to view family owners’ CSR engagement, arguing that they either engage in or disengage from CSR based on different motives (i.e., preserving socio-emotional wealth vs. seeking rent expropriation). Focusing on family owners in business groups, this study integrates these divergent views. We hypothesize that family owners would pursue both motives simultaneously by optimizing the level of CSR of each affiliated firm depending on their ownership level. Furthermore, we argue that this tendency is moderated by group-level contexts. Using a sample of Korean business groups, we found that family ownership is negatively associated with affiliated firms’ CSR. Also, this negative relationship is more pronounced when firms belong to business groups with more charitable corporate foundations and when business networks are greater in their scope and scale. This study contributes to the literature by offering a more complete understanding of how family owners make CSR decisions in business group contexts.
dc.affiliationUniwersytet Warszawski
dc.contributor.authorPostuła, Igor
dc.contributor.authorChang, Young Kyun
dc.contributor.authorRee, Hojae
dc.contributor.authorOh, Won-Yong
dc.date.accessioned2024-01-26T11:06:02Z
dc.date.available2024-01-26T11:06:02Z
dc.date.issued2022
dc.description.financePublikacja bezkosztowa
dc.identifier.doi10.1007/S10551-022-05270-3
dc.identifier.issn0167-4544
dc.identifier.urihttps://repozytorium.uw.edu.pl//handle/item/123782
dc.identifier.weblinkhttps://link.springer.com/content/pdf/10.1007/s10551-022-05270-3.pdf
dc.languageeng
dc.pbn.affiliationmanagement and quality studies
dc.relation.ispartofJournal of Business Ethics
dc.rightsClosedAccess
dc.sciencecloudnosend
dc.subject.enBusiness group
dc.subject.enCorporate governance
dc.subject.enCorporate social responsibility
dc.subject.enFamily ownership
dc.subject.enRent expropriation
dc.subject.enSocio-emotional wealth
dc.titleTrees in the Forest: How Do Family Owners Make CSR Decisions in Business Groups?
dc.typeJournalArticle
dspace.entity.typePublication