Sustainable Entrepreneurial Orientation in Family Firms
AbstractThis study examines how an entrepreneurial orientation moderates the effect of corporate social responsibility (CSR) on family firm performance. Analysis of 174 family firms was conducted using second-generation, partial least squares structural equation modeling (PLS-SEM) in SmartPLS 3.2.6. A survey of family firms and compliant sustainability reports, made under the rules of the GRI (Global Reporting Initiative) for these firms yielded the empirical data. This study contributes to the literature in several ways. First, the analysis shows that GRI reports offer a suitable way for analyzing CSR because the proposed measures are reliable and valid. Second, CSR actions by family firms exert a substantial positive influence on these firms’ performance. Third, entrepreneurial orientation is a good predictor of the success of family firms, positively influencing their performance. Fourth, entrepreneurial orientation positively moderates the effect of CSR on family firm performance, enhancing this effect. View Full-Text
Share & Cite This Article
Hernández-Perlines, F.; Rung-Hoch, N. Sustainable Entrepreneurial Orientation in Family Firms. Sustainability 2017, 9, 1212.
Hernández-Perlines F, Rung-Hoch N. Sustainable Entrepreneurial Orientation in Family Firms. Sustainability. 2017; 9(7):1212.Chicago/Turabian Style
Hernández-Perlines, Felipe; Rung-Hoch, Nina. 2017. "Sustainable Entrepreneurial Orientation in Family Firms." Sustainability 9, no. 7: 1212.
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.