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    Family leadership and CSR decoupling: Founder-descendant differences of socioemotional wealth

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    Publication date
    2019-08-01
    Author
    Park, Sang-Bum
    Keyword
    Family leadership
    CSR decoupling
    Socioemotional wealth
    Peer-Reviewed
    Yes
    
    Metadata
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    Abstract
    The differences between family firms and nonfamily firms have gained increasing scholarly attention in the field of management, and socioemotional wealth has been argued as the main source of family firm distinctiveness. However, previous researchers have paid little attention to the heterogeneity in socioemotional wealth across family firms. Moreover, little is studied about the generational differences between founder-led family firms and descendant-led family firms. In this study, we address this gap by focusing on how these differences in family leadership are reflected in the gap between firms’ rhetorical CSR policies (CSR talk) and their substantive CSR implementation (CSR walk), which we refer to as CSR decoupling. We argue that the founders of family firms are distinct from descendants regarding three aspects: affective attachment, cognitive identification, and social concern. Our findings reveal that the relationship between socioemotional wealth and CSR decoupling is contingent on family generations. Family ownership decreases CSR decoupling only in founder-led family firms, while it increases CSR decoupling in descendant-led family firms. We discuss our contributions to research at the interaction of family business and CSR.
    URI
    http://hdl.handle.net/10454/18191
    Version
    No full-text in the repository
    Citation
    Park S-B (2019) Family leadership and CSR decoupling: Founder-descendant differences of socioemotional wealth Academy of Management Proceedings. 2019(1).
    Link to publisher’s version
    https://doi.org/10.5465/AMBPP.2019.17981abstract
    Type
    Conference paper
    Collections
    Management and Law Publications

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