TY - JOUR
T1 - The Role of Family Ownership in Norm-Conforming Environmental Initiatives
T2 - Lessons from China
AU - Berrone, Pascual
AU - Gomez-Mejia, Luis R.
AU - Xu, Kai
N1 - Funding Information:
The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: This work was supported by the Spanish Ministry of Science and Innovation PID2019-104679RB-I00, the Schneider-Electric Sustainability and Business Strategy Chair, and the IESE’s High Impact Projects initiative (2017/2018).
Publisher Copyright:
© The Author(s) 2022.
PY - 2023/9
Y1 - 2023/9
N2 - Drawing on institutional theory and property rights literature, this paper examines how different types of ownership adopt norm-conforming environmental practices in China. We propose that compared to governmental owners and institutional investors, which align themselves with the state and financial logics, respectively, family owners will adhere to a community logic, given their emphasis on socioemotional elements and property expropriation concerns. Thus, they are prone to norm-conforming environmental practices. Using a sample of 622 Chinese firms over six years, we find general support for the notion that ownership types are strongly associated with the adoption of norm-conforming environmental practices.
AB - Drawing on institutional theory and property rights literature, this paper examines how different types of ownership adopt norm-conforming environmental practices in China. We propose that compared to governmental owners and institutional investors, which align themselves with the state and financial logics, respectively, family owners will adhere to a community logic, given their emphasis on socioemotional elements and property expropriation concerns. Thus, they are prone to norm-conforming environmental practices. Using a sample of 622 Chinese firms over six years, we find general support for the notion that ownership types are strongly associated with the adoption of norm-conforming environmental practices.
KW - environmental practices
KW - family-controlled firms
KW - institutional investors
KW - institutional logics
KW - institutional theory
KW - property rights institutions
KW - state-owned enterprises
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U2 - 10.1177/10422587221115362
DO - 10.1177/10422587221115362
M3 - Article
AN - SCOPUS:85134618204
SN - 1042-2587
VL - 47
SP - 1915
EP - 1941
JO - Entrepreneurship: Theory and Practice
JF - Entrepreneurship: Theory and Practice
IS - 5
ER -