RESOURCES
RESOURCES: PAPERS & PRESENTATIONS
| Author : | Johanna Zanon, Andreas Kallmuenzer, William Nikolakis & Mike Peters |
|---|---|
| School/Work Place : | University of Innsbruck, Austria |
| Contact : | johanna.zanon@uibk.ac.at |
| Year : | 2016 |
This study explores why family firms adopt
social and ecological policies that go beyond regulations, which includes hard
(e.g., law; Berrone et al., 2010) or soft (e.g., certificates; Rivera, 2002)
regulations. To accomplish this, the study inspects family firms involved in
sectors with great importance of hard and soft regulations. In their seminal
work, Bansal and Roth (2000) observe that the ecological responsiveness of
firms is difficult to predict. This is because there are a number of potential
motivators that are difficult to distinguish between, including regulatory
compliance, market drivers such as competition or non-state market driven
mechanisms, that includes socially responsible investors and certification mechanisms
(Cashore, 2002), public relations and greenwashing (Laufer, 2002) and values,
norms and altruistic behaviour (Angelidis & Ibrahim, 2004; Papagiannakis
& Lioukas, 2012). Firms may be proactive in adopting ecological and social
standards (Sharma & Sharma, 2011) or reactive (Sharma and Henriques, 2005).
