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Socioemotional Wealth and Corporate Responses to Institutional Pressures: Do family-Controlled Firms Pollute Less?
Socioemotional Wealth and Corporate Responses to Institutional Pressures: Do family-Controlled Firms Pollute Less?
Date
01/03/2010
Author(s)
Authors: Pascual Berrone, Cristina Cruz, Luis R. Gómez-Mejia, y Martin Larraza- Kintana
Organization
Administrative Science Quarterly 55 (1)
Publication Type
Academic Research
We use socioemotional wealth reasoning to explain why family businesses pollute less than their non-family counterparts. Specifically, we claimed that the family’s desire to protect and enhance its socioemotional wealth was the main driver for its socially responsible behavior.