Family Control, Socioemotional Wealth, and Governance Environment: The Case of Bribes

Shujun Ding (), Baozhi Qu () and Zhenyu Wu ()
Additional contact information
Shujun Ding: University of Ottawa
Baozhi Qu: China Merchants Group, and University of International Business and Economics
Zhenyu Wu: University of Manitoba

Journal of Business Ethics, 2016, vol. 136, issue 3, No 13, 639-654

Abstract: Abstract This study examines the relationship between family control and young entrepreneurial firm’s bribing behavior around the globe. Relying on over 2,000 young firms from the World Bank Environment Survey, we find that family control helps to reduce a firm’s bribery behavior, but further investigation shows that this effect only exists in countries with weaker macro-governance environment. In countries with more established and transparent governance mechanism, family control does not seem to make any difference. We interpret our findings as the business family’s preservation of socioemotional wealth.

Keywords: Bribe; Family control; New entrepreneurial firms; Governance environment; Socioemotional wealth (search for similar items in EconPapers)
JEL-codes: G34 K42 L20 L26 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

Downloads: (external link)
http://link.springer.com/10.1007/s10551-015-2538-z Abstract (text/html)
Access to full text is restricted to subscribers.

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:kap:jbuset:v:136:y:2016:i:3:d:10.1007_s10551-015-2538-z

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/10551/PS2

DOI: 10.1007/s10551-015-2538-z

Access Statistics for this article

Journal of Business Ethics is currently edited by Michelle Greenwood and R. Edward Freeman

More articles in Journal of Business Ethics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().