Toward sustainability: ESG bridging socioemotional wealth and sustainable financial in family firms
Review article
| Autores: | ; ; |
|---|---|
| Tipo de documento: | Artículo |
| Fecha de publicación: | 2025 |
| País: | España |
| Institución: | Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya) |
| Repositorio: | Recercat. Dipósit de la Recerca de Catalunya |
| OAI Identifier: | oai:recercat.cat:20.500.14342/6010 |
| Acceso en línea: | https://hdl.handle.net/20.500.14342/6010 https://doi.org/10.1016/j.sftr.2025.100470 |
| Nivel de acceso: | Acceso abierto |
| Palabra clave: | Family business ESG Financial performance CSR Chinese market |
| _version_ | 1878736423887044608 |
|---|---|
| author | zhu, changyi |
| author2 | Simon, Alexandra Parada, Maria Jose |
| author2_role | author author |
| author_browse | Parada, Maria Jose Simon, Alexandra zhu, changyi |
| author_facet | zhu, changyi Simon, Alexandra Parada, Maria Jose |
| author_role | author |
| collection | Recercat. Dipósit de la Recerca de Catalunya |
| description | Review article |
| eu_rights_str_mv | openAccess |
| format | article |
| id | ES_8ec2c8a2e726d6b11cbe7fa5fdd34311 |
| institution | Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya) |
| instname_str | Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya) |
| network_acronym_str | ES |
| network_name_str | España |
| oai_identifier_str | oai:recercat.cat:20.500.14342/6010 |
| publishDate | 2025 |
| publishDateSort | 2025 |
| publisher | Elsevier Ltd. |
| publisherStr | Elsevier Ltd. |
| reponame_str | Recercat. Dipósit de la Recerca de Catalunya |
| spelling | Toward sustainability: ESG bridging socioemotional wealth and sustainable financial in family firms zhu, changyi Simon, Alexandra Parada, Maria Jose Family business ESG Financial performance CSR Chinese market Review article The socioemotional wealth of family businesses fosters long-term orientation, aligning with the environmental, social, and governance (ESG) principles essential for sustainable value creation. This study utilised panel data from 1,181 Chinese-listed family firms between 2016 and 2020. It employed multiple regression and mediation analysis to examine how ESG engagement mediates the relationship between family control and the firms’ financial outcomes. The findings revealed that proactive ESG strategies enhance the positive effects of family control on financial outcomes, though the degree of mediation varied across performance indicators. These results highlight the strategic importance of integrating ESG considerations into financial planning for family businesses, offering valuable insights for managers and investors seeking to drive sustainable development through informed capital allocation and targeted governance structures. From a policy perspective, these results suggest the need for government incentives and enhanced disclosure standards to encourage broader ESG adoption among family firms in emerging markets. info:eu-repo/semantics/publishedVersion Elsevier Ltd. https://hdl.handle.net/20.500.14342/6010 https://doi.org/10.1016/j.sftr.2025.100470 |
| spellingShingle | Toward sustainability: ESG bridging socioemotional wealth and sustainable financial in family firms zhu, changyi Family business ESG Financial performance CSR Chinese market |
| title | Toward sustainability: ESG bridging socioemotional wealth and sustainable financial in family firms |
| title_full | Toward sustainability: ESG bridging socioemotional wealth and sustainable financial in family firms |
| title_fullStr | Toward sustainability: ESG bridging socioemotional wealth and sustainable financial in family firms |
| title_full_unstemmed | Toward sustainability: ESG bridging socioemotional wealth and sustainable financial in family firms |
| title_short | Toward sustainability: ESG bridging socioemotional wealth and sustainable financial in family firms |
| title_sort | Toward sustainability: ESG bridging socioemotional wealth and sustainable financial in family firms |
| topic | Family business ESG Financial performance CSR Chinese market |
| topic_facet | Family business ESG Financial performance CSR Chinese market |
| url | https://hdl.handle.net/20.500.14342/6010 https://doi.org/10.1016/j.sftr.2025.100470 |