The Role of Family Ownership in Norm-Conforming Environmental Initiatives: Lessons from China

Pascual Berrone, Luis R. Gomez-Mejia and Kai Xu

Entrepreneurship Theory and Practice, 2023, vol. 47, issue 5, 1915-1941

Abstract: Drawing on institutional theory and property rights literature, this paper examines how different types of ownership adopt norm-conforming environmental practices in China. We propose that compared to governmental owners and institutional investors, which align themselves with the state and financial logics, respectively, family owners will adhere to a community logic, given their emphasis on socioemotional elements and property expropriation concerns. Thus, they are prone to norm-conforming environmental practices. Using a sample of 622 Chinese firms over six years, we find general support for the notion that ownership types are strongly associated with the adoption of norm-conforming environmental practices.

Keywords: institutional theory; institutional logics; property rights institutions; environmental practices; family-controlled firms; institutional investors; state-owned enterprises (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:sae:entthe:v:47:y:2023:i:5:p:1915-1941

DOI: 10.1177/10422587221115362

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