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Corporate social responsibility (CSR) in Canadian family firms

Author

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  • Tao Zeng

Abstract

Purpose - The purpose of this paper is to examine corporate social responsibility (CSR) activities in Canadian family firms. Design/methodology/approach - This paper is an empirical work using a sample of Canadian listed companies for eight years between 2010 and 2017. Findings - Relying on five measures for CSR, this paper finds that, compared with other listed firms, family listed firms have a higher level of CSR engagement. Further tests show that family-named family firms engage in more CSR activities; family firms with second largest shareholders engage in more CSR activities; and family firms affiliated with large business groups engage in more CSR activities. However, family firms whose family members are CEOs, presidents or board chairpersons engage in less CSR engagement. Originality/value - This paper contributes to the current CSR literature by highlighting the importance of family firm heterogeneity in shaping a firm’s CSR practices. It focuses on four characteristics of Canadian family firms that are potentially connected to CSR, namely, family-named family firms; family firms with family members being CEOs, presidents or chairpersons; family firms with second largest shareholders and family firms affiliated with large business groups.

Suggested Citation

  • Tao Zeng, 2020. "Corporate social responsibility (CSR) in Canadian family firms," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 17(5), pages 703-718, June.
    • Handle: RePEc:eme:srjpps:srj-12-2019-0410
    DOI: 10.1108/SRJ-12-2019-0410
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    Citations

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    Cited by:

    1. Ruth V. Aguilera & Ryan Federo & Bartolome Pascual-Fuster & Rafel Crespi-Cladera, 2023. "The Corporate Governance of Business Groups: What We Know and What Lies Ahead," Annals of Corporate Governance, now publishers, vol. 7(3), pages 152-251, May.
    2. Belal Ali Ghaleb & Sumaia Ayesh Qaderi & Adel Ali Al‐Qadasi, 2024. "Independent female directors and integrated reporting quality: The moderating role of family ownership," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(4), pages 3429-3443, July.

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