Journal of Business Ethics 72 (2):149-162 (2007)
| Abstract |
While downsizing has been widely studied, its connection to firm ownership status and the reasons behind it are missing from extant research. We explore the relationship between downsizing and family ownership status among Fortune 500 firms. We␣propose that family firms downsize less than non-family firms, irrespective of performance, because their relationship with employees is based on normative commitments rather than financial performance alone. We suggest that their actions are related to employee- and community-friendly policies. We find that family businesses do downsize less irrespective of financial performance considerations. However, their actions are not related to their employee- or community-friendly practices. The results raise issues related to the motivations of large multinationals to␣downsize and the drivers of their stakeholder management practices.
|
| Keywords | downsizing family business performance stakeholder orientation |
| Categories | (categorize this paper) |
| DOI | 10.1007/s10551-006-9162-x |
| Options |
Mark as duplicate
Export citation
Request removal from index
|
Download options
References found in this work BETA
Corporate Social Responsibility and Family Business in Spain.María de la Cruz Déniz Déniz & Ma Katiuska Cabrera Suárez - 2005 - Journal of Business Ethics 56 (1):27 - 41.
Why Be Moral? A Different Rationale for Managers.LaRue Tone Hosmer - 1994 - Business Ethics Quarterly 4 (2):191-204.
Citations of this work BETA
Corporate Social Responsibility Reporting: A Content Analysis in Family and Non-Family Firms.Giovanna Campopiano & Alfredo De Massis - 2015 - Journal of Business Ethics 129 (3):511-534.
A Stakeholder Identity Orientation Approach to Corporate Social Performance in Family Firms.B. Bingham John, Jr W. Gibb Dyer, Smith Isaac & L. Adams Gregory - 2011 - Journal of Business Ethics 99 (4):565 - 585.
A Stakeholder Identity Orientation Approach to Corporate Social Performance in Family Firms.John B. Bingham, W. Gibb Dyer, Isaac Smith & Gregory L. Adams - 2011 - Journal of Business Ethics 99 (4):565-585.
Socioemotional Wealth and Corporate Social Responsibility: A Critical Analysis.Piotr Zientara - 2017 - Journal of Business Ethics 144 (1):185-199.
The Risk of Fraud in Family Firms: Assessments of External Auditors.Gopal Krishnan & Marietta Peytcheva - 2019 - Journal of Business Ethics 157 (1):261-278.
View all 15 citations / Add more citations
Similar books and articles
Humane Downsizing: Can It Be Done?Michal F. Settles - 1988 - Journal of Business Ethics 7 (12):961-963.
A Stakeholder Identity Orientation Approach to Corporate Social Performance in Family Firms.B. Bingham John, Jr W. Gibb Dyer, Smith Isaac & L. Adams Gregory - 2011 - Journal of Business Ethics 99 (4):565 - 585.
Corporate Responsibility Perceptions in Change: Finnish Managers' Views on Stakeholder Issues From 1994 to 2004.Johanna Kujala - 2010 - Business Ethics, the Environment and Responsibility 19 (1):14-34.
Responsible Family Ownership in Small‐ and Medium‐Sized Family Enterprises: An Exploratory Study.Cristina Aragón Amonarriz & Cristina Iturrioz Landart - 2016 - Business Ethics: A European Review 25 (1):75-93.
Toward a Theory of Stakeholder Salience in Family Firms.Ronald K. Mitchell, Bradley R. Agle, James J. Chrisman & Laura J. Spence - 2011 - Business Ethics Quarterly 21 (2):235-255.
If the River Stopped: A Talmudic Perspective on Downsizing. [REVIEW]Robert H. Carver - 2004 - Journal of Business Ethics 50 (2):137-147.
Drivers of Sustainability Strategy in Family Firms.Sanjay Sharma - 2009 - Proceedings of the International Association for Business and Society 20:194-205.
Employee Orientation and Performance: An Exploration of the Mediating Role of Customer Orientation.Junfeng Zhang - 2010 - Journal of Business Ethics 91 (S1):111 - 121.
Who Should Control a Corporation? Toward a Contingency Stakeholder Model for Allocating Ownership Rights.Alessandro Zattoni - 2011 - Journal of Business Ethics 103 (2):255-274.
Stakeholder Theory and Public Policy: How Governments Matter. [REVIEW]Rogene A. Buchholz & Sandra B. Rosenthal - 2004 - Journal of Business Ethics 51 (2):143-153.
Special Section-Stakeholder Theory, Ethics, Corporate Social Responsibility, and Family Enterprise-Toward a Theory of Stakeholder Salience in Family Firms.Ronald K. Mitchell, Bradley R. Agle, James J. Chrisman & Laura J. Spence - 2011 - Business Ethics Quarterly 21 (2):235.
Three Elements of Stakeholder Legitimacy.Adele Santana - 2012 - Journal of Business Ethics 105 (2):257-265.
Boards of Directors and Stakeholder Orientation.Jia Wang & H. Dudley Dewhirst - 1992 - Journal of Business Ethics 11 (2):115 - 123.
Corporate Governance and Corporate Social Responsibility Disclosures: Evidence From an Emerging Economy. [REVIEW]Arifur Khan, Mohammad Badrul Muttakin & Javed Siddiqui - 2013 - Journal of Business Ethics 114 (2):207-223.
In Search of Stakeholder Salience: Exploring Corporate Social and Sustainability Reports.James Weber & Kathryn Marley - 2012 - Business and Society 51 (4):626-649.
Analytics
Added to PP index
2009-01-28
Total views
55 ( #184,052 of 2,420,816 )
Recent downloads (6 months)
3 ( #249,143 of 2,420,816 )
2009-01-28
Total views
55 ( #184,052 of 2,420,816 )
Recent downloads (6 months)
3 ( #249,143 of 2,420,816 )
How can I increase my downloads?
Downloads
