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Environmental Sustainability of Family Firms: A Meta-Analysis of Handprint and Footprint

Author

Listed:
  • Solvej Lorenzen
  • Maike Gerken
  • Holger Steinmetz
  • Joern Block
  • Marcel Hülsbeck
  • Friederike Sophie Lux

Abstract

Our meta-analysis investigates the environmental sustainability performance of family firms (FFs) distinguishing between environmental hand- and footprint and accounting for FF heterogeneity. Based on a sample of 87 primary studies comprising 118,538 firms, we find no significant difference between FFs and non-FFs regarding their overall environmental sustainability performance. Yet, distinguishing between environmental hand- and footprint, we show that FFs have a lower footprint than non-FFs but do not differ regarding their handprint. Firm size, being a public firm, and type of family involvement moderate the effects of FF status on environmental sustainability performance. Our research note extends prior meta-analytical evidence and contributes to a more fine-grained and nuanced understanding of the environmental sustainability performance of FFs. Theoretical and managerial implications are discussed.

Suggested Citation

  • Solvej Lorenzen & Maike Gerken & Holger Steinmetz & Joern Block & Marcel Hülsbeck & Friederike Sophie Lux, 2024. "Environmental Sustainability of Family Firms: A Meta-Analysis of Handprint and Footprint," Entrepreneurship Theory and Practice, , vol. 48(5), pages 1266-1284, September.
    • Handle: RePEc:sae:entthe:v:48:y:2024:i:5:p:1266-1284
    DOI: 10.1177/10422587231221799
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