Religious founders and employee welfare

Yaoqin Li

Accounting and Finance, 2021, vol. 61, issue 5, 6037-6067

Abstract: This study explores the role of religious founders in promoting employee welfare in family firms. We propose that a founder’s religious beliefs can shape the cognitive framework for ethical issues and then influence the firm’s employee welfare practices. Empirical tests based on survey data reveal that firms with religious founders are more likely to offer employee welfare than firms without religious founders. This positive relationship is weakened when the firm founder has a political identity. Further analysis shows that the impact of the founder’s religious beliefs on employee welfare is greater for firms located in areas with a stronger religious atmosphere, indicating that religion mainly works through the institutional‐forcing channel rather than the faith‐driving channel. Overall, our findings provide inspiration for the promotion of employee welfare from an ethical light.

Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://doi.org/10.1111/acfi.12840

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:bla:acctfi:v:61:y:2021:i:5:p:6037-6067

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0810-5391

Access Statistics for this article

Accounting and Finance is currently edited by Robert Faff

More articles in Accounting and Finance from Accounting and Finance Association of Australia and New Zealand Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().