Abstract

We analyze the social performance of a sample of publicly traded family and non-family firms. Using the KLD index of social performance, we find a negative relationship between family firm status and poor social performance. However, we find no evidence that corporate governance is related to firm social performance. Findings also provide evidence that corporate governance moderates the relationship between extent of family control and social performance.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.