The workplace social performance of family firms: a configurational approach

Georges Samara, María Jose Parada, Ramzi Fathallah

Research output: Indexed journal article Articlepeer-review

3 Citations (Scopus)

Abstract

Purpose: The purpose of this study is to explore the drivers for proactive workplace social performance in family firms through a configurational approach. Comparative research on family versus non-family firms and workplace social performance has produced mixed results. Consequently, several calls have been made to account for family business heterogeneity to understand better how family involvement in the business affects the workplace social performance. The authors respond to these calls by exploring the governance antecedents that can catalyze family firms’ workplace social performance. Design/methodology/approach: Using qualitative comparative analysis, the authors analyze 131 family firms from the STEP survey data. Findings: The authors find two governance configurations that lead to better family business workplace social performance. The first configuration is the combination of 100% family ownership, high family involvement in management and a mix of outside directors and family members on the board. The second configuration is the combination of less than 100% family ownership and low family involvement in management. Originality/value: The study builds on and extends the nascent work suggesting the integration of agency and stewardship theories. The authors show that these two theoretical approaches are able to not only coexist, but that they can also be complementary in helping to understand the unique workplace social behaviors of family firms.

Original languageEnglish
Pages (from-to)268-291
Number of pages24
JournalManagement Research Review
Volume46
Issue number2
DOIs
Publication statusPublished - 25 Jan 2023
Externally publishedYes

Keywords

  • Agency theory
  • Board composition
  • Corporate governance
  • Entrepreneurship and small business management
  • Family firms
  • Stewardship theory
  • Workplace social performance

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