This paper sheds light on the incongruent findings concerning the relationship between family involvement and firms' corporate social responsibility (CSR). While prior studies have mainly taken the perspective of families' socio-emotional wealth preservation, we approach this relationship from...

We investigate how family involvement in the ownership, management, or governance of a business affects its engagement in earnings management both directly and indirectly through its corporate social responsibility (CSR) activities. Using a sample of S&P 500 companies, we find that family firms...