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Family Firms and Coupling among CSR Disclosures and Performance

Author

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  • Javier Parra-Domínguez

    (Facultad de Economía y Empresa, Campus Miguel de Unamuno, Universidad de Salamanca, Edificio FES, 37007 Salamanca, Spain)

  • Fátima David

    (Higher School of Technology and Management, Polytechnic Institute of Guarda, 6300-559 Guarda, Portugal)

  • Tania Azevedo

    (Department of Applied Social Sciences, State University of Feira de Santana (UEFS), Sal-vador, Bahia 44036-900, Brazil)

Abstract

This paper aims to analyse the behaviours related to the decoupling of the disclosed information on Corporate Social Responsibility (CSR) and corporate sustainability, deepening these practices’ knowledge within family businesses. For this purpose, we defined decoupling as a gap between social responsibility performance (internal actions) and disclosures (external actions). For a sample of 33,809 observations for the period 2011–2019, corresponding to 5029 companies, 19% being family firms, our empirical evidence supports that family firms present a less wide gap between performance and disclosure, confirming the prevalence of socioemotional wealth dimensions in the decision-making of these companies. In firms without controlled shareholders, the quality of nonfinancial reporting could be understood as ambiguous, understanding that the most useful CSR information is found in the reports of family-owned companies.

Suggested Citation

  • Javier Parra-Domínguez & Fátima David & Tania Azevedo, 2021. "Family Firms and Coupling among CSR Disclosures and Performance," Administrative Sciences, MDPI, vol. 11(1), pages 1-13, March.
    • Handle: RePEc:gam:jadmsc:v:11:y:2021:i:1:p:30-:d:517904
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    References listed on IDEAS

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    Cited by:

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    2. Isabel-María García-Sánchez & Nicola Raimo & Filippo Vitolla, 2021. "Are Environmentally Innovative Companies Inclined towards Integrated Environmental Disclosure Policies?," Administrative Sciences, MDPI, vol. 11(1), pages 1-19, March.
    3. Isabel-María García-Sánchez & Víctor Amor-Esteban & Alejandra García-Sánchez, 2021. "Different Leaders in a COVID-19 Scenario: CEO Altruism and Generous Discourse," Sustainability, MDPI, vol. 13(7), pages 1-19, March.
    4. Isabel-María García-Sánchez & Cristina Aibar-Guzmán & Carmen Serrano-Valdecillos & Beatriz Aibar-Guzmán, 2022. "Analysis of the Dialogue with Stakeholders by the IBEX 35 Companies," Sustainability, MDPI, vol. 14(3), pages 1-26, February.
    5. Isabel‐María García‐Sánchez & Cristina Aibar‐Guzmán & Miriam Núñez‐Torrado & Beatriz Aibar‐Guzmán, 2022. "Are institutional investors “in love” with the sustainable development goals? Understanding the idyll in the case of governments and pension funds," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(5), pages 1099-1116, October.
    6. Isabel‐María García‐Sánchez & Valentina Minutiello & Patrizia Tettamanzi, 2022. "Gender disclosure: The impact of peer behaviour and the firm's equality policies," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(2), pages 385-405, March.
    7. Patrick Velte, 2023. "Determinants and consequences of corporate social responsibility decoupling—Status quo and limitations of recent empirical quantitative research," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(6), pages 2695-2717, November.
    8. Albertina Paula Monteiro & Isabel-María García-Sánchez & Beatriz Aibar-Guzmán, 2022. "Labour Practice, Decent Work and Human Rights Performance and Reporting: The Impact of Women Managers," Journal of Business Ethics, Springer, vol. 180(2), pages 523-542, October.

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