Sustainable Entrepreneurial Orientation in Family Firms

Felipe Hernández-Perlines and Nina Rung-Hoch
Additional contact information
Felipe Hernández-Perlines: Department of Business Administration, University of Castilla-La Mancha, Toledo 45071, Spain
Nina Rung-Hoch: Department of Strategy, Leadership and People, Barcelona 08021, Spain

Sustainability, 2017, vol. 9, issue 7, 1-16

Abstract: This study examines how an entrepreneurial orientation moderates the effect of corporate social responsibility (CSR) on family firm performance. Analysis of 174 family firms was conducted using second-generation, partial least squares structural equation modeling (PLS-SEM) in SmartPLS 3.2.6. A survey of family firms and compliant sustainability reports, made under the rules of the GRI (Global Reporting Initiative) for these firms yielded the empirical data. This study contributes to the literature in several ways. First, the analysis shows that GRI reports offer a suitable way for analyzing CSR because the proposed measures are reliable and valid. Second, CSR actions by family firms exert a substantial positive influence on these firms’ performance. Third, entrepreneurial orientation is a good predictor of the success of family firms, positively influencing their performance. Fourth, entrepreneurial orientation positively moderates the effect of CSR on family firm performance, enhancing this effect.

Keywords: sustainable entrepreneurial orientation; firm performance; family firms; moderating effect; PLS (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (22)

Downloads: (external link)
https://www.mdpi.com/2071-1050/9/7/1212/pdf (application/pdf)
https://www.mdpi.com/2071-1050/9/7/1212/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:9:y:2017:i:7:p:1212-:d:104246

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().