Are family firms green?

Ivan Miroshnychenko (), Danny Miller (), Alfredo Massis () and Isabelle Breton-Miller ()
Additional contact information
Ivan Miroshnychenko: The International Institute for Management Development
Danny Miller: HEC Montreal, Chemin de La Côte-Sainte-Catherine 3000
Alfredo Massis: Free University of Bozen-Bolzano
Isabelle Breton-Miller: HEC Montreal, Chemin de La Côte-Sainte-Catherine 3000

Small Business Economics, 2025, vol. 64, issue 2, No 2, 279-306

Abstract: Abstract This study examines environmental management practices of 1690 family and nonfamily firms from 29 countries and 19 industrial sectors over an 8-year period. We show that the family effect on firm environmental management practices ranges substantially, from extremely negative to no effect at all. Moreover, the magnitude of the effect depends on the type of firm, the industrial context, the type of economy, and the stages of the business cycle. This study offers a novel understanding of the extreme heterogeneity of environmental management practices of family businesses and serves as a springboard for future research aiming to better understand the environmental strategies of publicly traded firms with concentrated ownership structures. It also provides important and novel evidence for policymakers, investors, and business owners, particularly for firms with different ownership and management structures.

Keywords: Family firms; Environmental management practices; Environmental performance; Family business (search for similar items in EconPapers)
JEL-codes: G30 G34 Q00 Q50 Q53 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s11187-024-00907-1 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:sbusec:v:64:y:2025:i:2:d:10.1007_s11187-024-00907-1

Ordering information: This journal article can be ordered from
http://www.springer. ... 29/journal/11187/PS2

DOI: 10.1007/s11187-024-00907-1

Access Statistics for this article

Small Business Economics is currently edited by Zoltan J. Acs and David B. Audretsch

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