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Family Influence and Environmental Proactiveness of Family Firms in China: A Mixed Gamble Perspective

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  • Liu, Bin
  • Qian, Gongming
  • Au, Kevin Yuk-fai

Abstract

Built upon the mixed gamble perspective, we used a recent survey on Chinese family firms (FFs) and found that increased family influence lowers Chinese FF environmental proactiveness, as they show a peculiar tendency to take a financial view rather than a socioemotional wealth view. Moreover, we found that increased resource endowment attenuates this tendency, whereas provincial marketization strengthens it. However, entrepreneur reputation does not have a significant moderating effect. Overall, the study enriches an understanding of environmental proactiveness for FFs, organizational heterogeneity, and institutional differences. It also introduces new elements into the mixed gamble framework. 基于混合博弈模型的理论视角,我们通过对一份最新的中国家族企业调查问卷进行分析,发现这些家族企业普遍倾向于更关注金钱财富而非社会情感财富,因而随着家族影响力的增加,其企业的环保积极性反而降低。此外,我们也发现企业资源禀赋的增加会削弱上述关系,而省级市场化程度会加强上述关系。但是,企业主的个人声誉不显著影响上述关系。综合来看,本研究丰富了家族企业环保积极性的研究,强调了组织的异质性及制度环境的差异性,同时为混合博弈模型注入了新的理论要素。

Suggested Citation

  • Liu, Bin & Qian, Gongming & Au, Kevin Yuk-fai, 2023. "Family Influence and Environmental Proactiveness of Family Firms in China: A Mixed Gamble Perspective," Management and Organization Review, Cambridge University Press, vol. 19(2), pages 348-371, April.
  • Handle: RePEc:cup:maorev:v:19:y:2023:i:2:p:348-371_7
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