Journal of Business Ethics 163 (2):329-345 (2020)

Authors
J. Martin
Heinrich Heine University Düsseldorf
Mario Suarez
Pontificia Universidad Católica de Puerto Rico
Abstract
Based on the literature on stakeholder management and family firm dynamics, this research analyses the relationship between three constructs: the identification of business families with their family firms, FFs’ orientation toward key non-family stakeholders, and the achievement of better economic performance. Data analyses from 374 family and non-family members of 173 Spanish FFs show that a high level of family identification with their firms affects the orientation of FFs toward key non-family stakeholders in setting corporate goals and that this orientation will lead to higher economic performance only when it is built on family identification with the firm. Our results also show that the significance of both relationships changes with the degree of family involvement in the management of the FF.
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DOI 10.1007/s10551-018-4038-4
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References found in this work BETA

Small Business Champions for Corporate Social Responsibility.Heledd Jenkins - 2006 - Journal of Business Ethics 67 (3):241-256.
Universal Moral Values for Corporate Codes of Ethics.Mark S. Schwartz - 2005 - Journal of Business Ethics 59 (1-2):27-44.

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Corporate Social Performance in Family Firms.Sara A. Morris - 2005 - Proceedings of the International Association for Business and Society 16:154-159.

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