Based on arguments about long-term orientation and corporate reputation, we argue that family and founder firms differ from other firms with regard to corporate social responsibility. Using Bayesian analysis, we then show that family and founder ownership are associated with a lower level of...

Novo Nordisk is one of the few highly reputed pharma businesses and there is a reason for it. Rather than stick to its economistic origins that so many of its competitors live and organize by, Novo Nordisk allowed itself to experiment and react to stakeholder criticism. Rather than reactively...

Family firms are playing an important role in the world economy. In some countries, especially in Asia and continental Europe, the family firm is the main form of corporation.Although corporate governance is usually addressed to corporations with high dispersion, corporate governance and...

Corporate Social Responsibility (CSR) gained importance over the last years. Yet, only few studies have investigated CSR in German family firms. This study analyzes the CSR communication of 714 listed German family and non-family firms using a content analysis of CSR mission statements. We find...