Corporate social responsibility and Chinese family-owned small- and medium-sized enterprises

Xue, Ke; Yu, Ming‐Whei; Xu, Sheng

doi:10.2224/sbp.7597

Cited by 4 publications

(4 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…16. CSR practices vary depending on the FF's industry [58]. Thus, sustainability in FFs is largely influenced by the social relationship between family members and market pressures.…”

mentioning

confidence: 99%

A Systematic Literature Review on Sustainability in Family Firms

Curado

Mota

2021

Sustainability

View full text Add to dashboard Cite

In this study, we explore the research published from 2015 to 2020 on the importance of family firms (FFs) to sustainability. Our results come from a content analysis of 28 studies on this topic. Further, they deal with small and medium enterprises (SMEs) in the construction industry in Italy and Spain. These studies mainly follow a quantitative approach with data from a survey. This study’s main contribution regards the identification of three sorts of aspects associated to sustainability in FFs which match the three pillars of the triple bottom line approach that supports sustainable business development: social inclusion, economic development, and environmental protection. Our findings show that the family’s religiosity, reputation, and image play relevant roles in the FFs’ adoption of sustainable practices. Moreover, the CEO and their successor’s choices also have consequences for sustainability. These studies demonstrate how the family’s control, its values, and the industry influence the adoption of corporate social responsibility (CSR) practices. FFs go green by adopting eco-innovation to adapt to the constantly changing environment and market pressures. We acknowledge the limitations of the study. We offer advice to colleagues when developing future futures studies to address the influence of cultural differences between FFs and non-FFs and suggest they perform comparative analyses. This research could lead to further investigation of the effects of other variables that may influence sustainability in the context of FFs.

show abstract

“…16. CSR practices vary depending on the FF's industry [58]. Thus, sustainability in FFs is largely influenced by the social relationship between family members and market pressures.…”

mentioning

confidence: 99%

A Systematic Literature Review on Sustainability in Family Firms

Curado

Mota

2021

Sustainability

View full text Add to dashboard Cite

show abstract

“…In other words, venture capitalists are not motivated by the opportunities to participate in the management of those firms which they invested, but they are more motivated by the changes in the firm's market valuation. In addition, because most small and medium-sized listed firms are family businesses (Xue et al, 2019), family managers and VC institutions may encounter conflict or internal friction which can make decision-making inefficient (Jia et al, 2020). This reduces the ability of listed firms to make timely decisions on internal control, thus making their performance worse.…”

Section: Regression Analysismentioning

confidence: 99%

Corporate Social Responsibility Practices, Corporate Sustainable Development, Venture Capital and Corporate Governance: Evidence from Chinese Public Listed Firms

Jing Wu,

Chee Yoong Liew

2024

aamjaf

View full text Add to dashboard Cite

This study intends to investigate the relationship between the different corporate social responsibility (CSR) practices of firms and their corporate sustainable development (CSD) as well as whether venture capital (VC) and corporate governance (CG) moderate this relationship and capital allocation efficiency (CAE) mediates the relationship. The sample of this study consist of Chinese A-share public-listed firms as well as the Growth Enterprise Market (GEM) listed firms in China. The duration covered is from 2013 to 2020. There are significant positive relationships between CSR and CSD among Chinese A-shares listed firms and GEM listed firms. In addition, there is a significant positive moderating effect of CG and no significant moderating effect of VC on the relationship between CSR and CSD among Chinese A-shares listed firms. However, for GEM listed firms, there is no significant moderating effect of both VC and CG on the relationship between CSR and CSD. Finally, there is a significant positive mediating effect of CAE on the relationship between CSR and CSD among Chinese A-shares listed firms and GEM listed firms.

show abstract

“…Research on CSR in family SMEs in China, published by Xue, Yu, Xu (2019), showed that in terms of overall knowledge of CSR, 96% of participants said they had heard of CSR or equivalent concepts. The most important parameters of CSR were health and safety and the business environment.…”

Section: Theoretical Reviewmentioning

confidence: 99%

“…In comparison with medium-sized enterprises, our research recorded a drop of 19.5% with a result of 41.5% (22 out of 53) compared to research in 2008 with a value of 61%. In the case of Chinese family SMEs (Xue, Yu, Xu, 2019), up to 96% of respondents heard about the concept of CSR. Contrary to the opinions published by Pavlík and Bělčík (2010) of CSR activities -especially sponsorship -our results are in conflict, because only 13% of respondents work socially responsibly in the community (support for corporate giving).…”

Section: Discusionmentioning

confidence: 99%

CSR Activities in the Czech Sme Segment

Metzker

Štreimikis

2020

IJEK

View full text Add to dashboard Cite

The aim of the study is to find out the perception of the concept of corporate social responsibility (CSR) by the segment of small and medium-sized enterprises in the Czech Republic. In connection with the objectives of the study, a questionnaire survey was carried out on a sample of 419 respondents – business owners and managers. The data were collected from September 2019 to January 2020. χ2 and Z-score were used to assess the hypotheses. It was found that there were statistical differences in the perception of some aspects of the positive impact of the introduction of the CSR concept in case of monitoring responses based on the geographic scope of the business. The results showed that although the manager should take into account the ethical and moral implications of his decisions, less than half of the respondents are familiar with the concept of CSR and enforce it in their management practice and ultimately managers cannot identify positive benefits from CSR implementation – it declares positive answers whose values oscillate around 30%. The findings show that there are no statistically significant differences in the answers of managers depending on the size of the company - this proves that micro, small and medium enterprises, respectively their managers do not differ in their attitudes to the topic of CSR. The final effect of the paper is to show the perception of the concept of CSR of entrepreneurs - respondents in the Czech Republic.

show abstract

Corporate social responsibility and Chinese family-owned small- and medium-sized enterprises

Cited by 4 publications

References 0 publications

A Systematic Literature Review on Sustainability in Family Firms

A Systematic Literature Review on Sustainability in Family Firms

Corporate Social Responsibility Practices, Corporate Sustainable Development, Venture Capital and Corporate Governance: Evidence from Chinese Public Listed Firms

CSR Activities in the Czech Sme Segment

Contact Info

Product

Resources

About