Family ownership and corporate social responsibility: the moderating effect of institutional ownership

被引:0
|
作者
Bouzgarrou, Houssam [1 ]
Houcine, Majdi [2 ]
Ftiti, Zied [3 ]
Louhichi, Wael [4 ]
机构
[1] Univ Sousse, ISFF, Fsegt, Tunisia
[2] Univ Sousse, Sousse, Tunisia
[3] EDC Business Sch, Paris, France
[4] ESSCAC Business Sch, Cergy, France
来源
ECONOMICS BULLETIN | 2022年 / 42卷 / 02期
关键词
MANAGERIAL INCENTIVES; FIRMS; PERFORMANCE; MANAGEMENT; GOVERNANCE; INVESTORS;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The goal of this paper is to examine the impact of family ownership on corporate social responsibility (CSR), taking into account the moderating role of institutional investors. Using a sample of 70 listed French firms over the period 2003-2017, we obtain the following results. Family ownership negatively affects CSR; however, institutional investors positively affect CSR. Interestingly, our results show that institutional investors negatively moderate the relationship between family ownership and CSR.
引用
收藏
页码:1135 / 1152
页数:18
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