Practices of corporate social responsibility developed by Mexican family businesses and their impact on competitive success and innovation

José Luis Esparza-Aguilar () and Teodoro Reyes-Fong ()
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José Luis Esparza-Aguilar: Universidad de Quintana Roo, Mexico
Teodoro Reyes-Fong: Universidad de Colima, Mexico

TEC Empresarial, 2019, vol. 13, issue 2, 45-57

Abstract: The aim of this paper is to identify the effects of Corporate Social Responsibility (CSR) practices developed by family MSMEs on competitive success and innovation. A survey was directly applied to the managers/owners of a sample of 245 family business in the southern state of Quintana Roo, Mexico. A theoretical model has been proposed with hypotheses to be tested, and it has been validated with a structural equation model (SEM). The results obtained show that CSR practices developed by family MSMEs have a positive and statistically significant effect on competitive success and innovation. In terms of innovation and competitive success, the effect of CRS is positive but not significant.

Keywords: CSR; family business; MSMEs; competitive success; innovation (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:ris:tecemp:1908

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