Family Control, Socioemotional Wealth, and Governance Environment: The Case of Bribes

This study examines the relationship between family control and young entrepreneurial firm’s bribing behavior around the globe. Relying on over 2,000 young firms from the World Bank Environment Survey, we find that family control helps to reduce a firm’s bribery behavior, but further investigation s...

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Detalles Bibliográficos
Autor principal: Ding, Shujun (Autor)
Otros Autores: Qu, Baozhi ; Wu, Zhenyu
Tipo de documento: Electrónico Artículo
Lenguaje:Inglés
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Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
Publicado: 2016
En: Journal of business ethics
Año: 2016, Volumen: 136, Número: 3, Páginas: 639-654
Otras palabras clave:B L26
B K42
B G34
B Socioemotional wealth
B governance environment
B L20
B Bribe
B Family control
B New entrepreneurial firms
Acceso en línea: Volltext (JSTOR)
Volltext (lizenzpflichtig)
Descripción
Sumario:This study examines the relationship between family control and young entrepreneurial firm’s bribing behavior around the globe. Relying on over 2,000 young firms from the World Bank Environment Survey, we find that family control helps to reduce a firm’s bribery behavior, but further investigation shows that this effect only exists in countries with weaker macro-governance environment. In countries with more established and transparent governance mechanism, family control does not seem to make any difference. We interpret our findings as the business family’s preservation of socioemotional wealth.
ISSN:1573-0697
Obras secundarias:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-015-2538-z