Family Firms and Social Responsibility: Preliminary Evidence from the S&P 500

@article{Dyer2006FamilyFA,
  title={Family Firms and Social Responsibility: Preliminary Evidence from the S&P 500},
  author={W. Dyer and D. Whetten},
  journal={Entrepreneurship Theory and Practice},
  year={2006},
  volume={30},
  pages={785 - 802}
}
Little is known about the impact of family ownership and management on corporate social performance. Some scholars have suggested that family firms are not likely to act in a socially responsible manner, while others have indicated that socially responsible behavior on the part of the family firm protects the family's assets. This preliminary study compares the degree to which family and nonfamily firms are socially responsible using data from 1991 to 2000 from the S&P 500. Two hundred sixty… Expand
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