Abstract
As one of important characteristics of the economic development and social progress, fulfilling corporation social responsibility has attracted wide attention from all sectors of society. We empirically test the influence of family enterprise on the behavior characteristics of corporate social responsibility. We find that the family enterprises fulfill more social responsibility to shareholders, but less social responsibility to employees, suppliers, and the environment than non-family enterprises. Now family enterprise has gradually become a part of China economy booming. The government should strengthen the guidance to family enterprise to promote its development. Chinese family enterprises will make greater contribution to the social responsibility in future.
Highlights
Since the reform and opening up, Chinese enterprises have continued to be booming and fruitful
In this paper, based on relevant data of the listing corporation, we empirically test the influence of family enterprise on corporate social responsibility behavior characteristics
The results show that Chinese family enterprises are still in the primary development stage
Summary
Since the reform and opening up, Chinese enterprises have continued to be booming and fruitful. At the same time, many public events, such as food safety issues, environmental pollution issues, labor dispute issues, which make Chinese economy shame of, occur frequently. This reflects a series of problems in the country economic transformation, and exposes the general lack of social responsibility of domestic enterprises. The academic research on corporate social responsibility has become more important. (2016) Corporate Social Responsibility and Family Enterprise. As unique social organization and the main ultimate controller of the enterprise, may have important influence on social responsibility behavior [2]. What are the characteristics of family enterprises social responsibility? What are the characteristics of family enterprises social responsibility? Compared with the nonfamily enterprises, do family enterprises have any effect on social responsibility? The study of these issues has a positive significance for us to deeply understand the social responsibility of family listing corporation in China
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