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

被引:41
作者
Ding, Shujun [1 ]
Qu, Baozhi [2 ,3 ]
Wu, Zhenyu [4 ]
机构
[1] Univ Ottawa, Telfer Sch Management, Ottawa, ON, Canada
[2] China Merchants Grp, Shenzhen, Peoples R China
[3] Univ Int Business & Econ, Shenzhen, Peoples R China
[4] Univ Manitoba, Asper Sch Business, Entrepreneurship & Innovat, Winnipeg, MB, Canada
关键词
Bribe; Family control; New entrepreneurial firms; Governance environment; Socioemotional wealth; CORPORATE GOVERNANCE; UNETHICAL BEHAVIOR; CONTROLLED FIRMS; SOCIAL IDENTITY; OWNERSHIP; AGENCY; ETHICS; PERFORMANCE; MANAGEMENT; ENTREPRENEURSHIP;
D O I
10.1007/s10551-015-2538-z
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
引用
收藏
页码:639 / 654
页数:16
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