Transgenerational entrepreneurship and CSR in family businesses: a mediating pathway to financial performance DOI
Juan Miguel Gómez, Miguel A. Pérez-Uribe

Journal of Family Business Management, Journal Year: 2025, Volume and Issue: unknown

Published: April 18, 2025

Purpose This study examines how Corporate Social Responsibility (CSR) mediates the relationship between Transgenerational Entrepreneurship (TE) and Financial Performance (FP) in family businesses. Specifically, it explores community-, environment-, employee-oriented CSR initiatives, along with TE dimensions of relationships, entrepreneurship, future generations, shape long-term success. Design/methodology/approach Drawing on a cross-sectional dataset 1,560 firms from multiple regions, employs Structural Equation Modeling (SEM) to evaluate links TE, CSR, FP. Principal Component Analysis (PCA) Confirmatory Factor (CFA) validate constructs. Control variables include CEO demographics, governance structures, firm size, industry, geographic region. Findings Results indicate that significantly TE–FP relationship. Community-oriented increases stakeholder trust loyalty, environmental enhances efficiency public perception, fosters workforce commitment productivity. Family entrepreneurship development generations emerge as key drivers both engagement improved financial outcomes, highlighting synergistic effect entrepreneurial continuity socially responsible practices. Originality/value By integrating into unified framework, this clarifies can leverage legacies implement thereby aligning profitability broader societal obligations. The findings offer practical guidance for businesses seeking maintain competitiveness resilience across generations.

Language: Английский

Defining the Path to Sustainability Based on Triple Bottom Line Dimensions DOI
Dolores Gallardo‐Vázquez

Corporate Social Responsibility and Environmental Management, Journal Year: 2025, Volume and Issue: unknown

Published: April 18, 2025

ABSTRACT Corporate social responsibility (CSR) has been widely applied as a global approach, which reflects its origins an umbrella concept. The extensive literature on CSR evaluates three dimensions jointly and comprehensively, forming conceptual aggregates that fit into specific contexts, such particular industrial sectors or geographic regions. To date, no studies have evaluated the separately to determine their contributions whole, comprises significant research gap. This study thus examined relationships between economic, social, environmental links are stronger. Another objective was find dimension most powerful mediating effect these direct generates more competitive advantages in terms of organizations' sustainability strategic management. sample comprised 230 small medium‐sized Spanish companies implemented initiatives. A questionnaire distributed by email managers already aware issues. data were analyzed using partial least squares (PLS) supported SmartPLS 4.1.0.0 software. results reveal quite dimensions. Each area also positive other models tested. findings extend issues, highlight dimensions' role mediators, indicate ways organizations can enhance is novel because granular produce precise tools for designing corporate strategies aligned with stakeholders' needs United Nations' sustainable development goals.

Language: Английский

Citations

0
Asymmetric effects of financial and technological development on green energies: Evidence from solar, wind and renewable electricity with an emphasis on crisis conditions DOI Creative Commons
Fariba Osmani, Taghi Ebrahimi Salari

Results in Engineering, Journal Year: 2025, Volume and Issue: unknown, P. 105123 - 105123

Published: April 1, 2025

Language: Английский

Citations

0
Transgenerational entrepreneurship and CSR in family businesses: a mediating pathway to financial performance DOI
Juan Miguel Gómez, Miguel A. Pérez-Uribe

Journal of Family Business Management, Journal Year: 2025, Volume and Issue: unknown

Published: April 18, 2025

Purpose This study examines how Corporate Social Responsibility (CSR) mediates the relationship between Transgenerational Entrepreneurship (TE) and Financial Performance (FP) in family businesses. Specifically, it explores community-, environment-, employee-oriented CSR initiatives, along with TE dimensions of relationships, entrepreneurship, future generations, shape long-term success. Design/methodology/approach Drawing on a cross-sectional dataset 1,560 firms from multiple regions, employs Structural Equation Modeling (SEM) to evaluate links TE, CSR, FP. Principal Component Analysis (PCA) Confirmatory Factor (CFA) validate constructs. Control variables include CEO demographics, governance structures, firm size, industry, geographic region. Findings Results indicate that significantly TE–FP relationship. Community-oriented increases stakeholder trust loyalty, environmental enhances efficiency public perception, fosters workforce commitment productivity. Family entrepreneurship development generations emerge as key drivers both engagement improved financial outcomes, highlighting synergistic effect entrepreneurial continuity socially responsible practices. Originality/value By integrating into unified framework, this clarifies can leverage legacies implement thereby aligning profitability broader societal obligations. The findings offer practical guidance for businesses seeking maintain competitiveness resilience across generations.

Language: Английский

Citations

0