家族企业基于网络的可持续发展报告:欧洲最富有家族的角色

IF 2.8 4区管理学 Q2 BUSINESS, FINANCE

Accounting Forum Pub Date : 2021-10-08 DOI:10.1080/01559982.2021.1979331

M. Palma, I. Lourenço, M. C. Branco

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引用次数: 7

摘要

摘要本研究比较了家族企业与非家族企业的可持续发展报告实践，并考察了亿万富翁拥有的家族企业与非家族企业相比，在可持续发展报告方面是否存在差异。实证分析基于欧洲17个国家的360家公司。采用倾向得分匹配(PSM)方法，选取了180家家族企业和180家非家族企业。前一组包括福布斯2019年世界亿万富翁排行榜上的90家欧洲亿万富翁和90家非亿万富翁。研究结果与家族企业更重视可持续发展报告的观点一致。在家族企业领域，研究结果显示，当家族企业的首席执行官是家族成员，家族所有权水平较低时，企业网站上的可持续性问题更加突出。调查结果显示，有关亿万富翁拥有的家族企业与其同类企业之间存在差异的证据好坏参半。欧洲亿万富翁拥有的家族企业在企业网站上对可持续性问题的重视程度高于非亿万富翁拥有的家族企业，但这只是在使用不那么严格的重要性衡量标准时才会出现。这些发现强调了将家族企业作为一个异质群体进行研究的重要性。

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Web-based sustainability reporting by family companies: the role of the richest European families

ABSTRACT This study compares the sustainability reporting practices of family companies with those of their non-family counterparts and examines whether the former owned by billionaires engage differently with sustainability reporting compared to their counterparts. The empirical analysis is based on 360 companies from 17 European countries. A propensity score matching (PSM) procedure was adopted and we selected 180 family companies and 180 non-family companies. The former group includes 90 owned by European billionaires listed in the Forbes 2019 World Billionaires Ranking and 90 not owned by billionaires. Findings are consistent with the argument that family companies attach greater importance to sustainability reporting. Within the family company arena, findings reveal that greater prominence is attributed to sustainability issues on corporate websites when the family company’s CEO is a family member and the level of family ownership is lower. The results revealed mixed evidence regarding differences between family companies owned by billionaires and their counterparts. The prominence attributed to sustainability issues on corporate websites by family companies owned by European billionaires is greater than that of family companies not owned by billionaires, but only when using a less stringent measure of prominence. These findings emphasise the importance of exploring family companies as a heterogeneous group.

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来源期刊

Accounting Forum BUSINESS, FINANCE-

CiteScore

5.20

自引率

6.50%

发文量

期刊介绍： Accounting Forum publishes authoritative yet accessible articles which advance our knowledge of theory and practice in all areas of accounting, business finance and related subjects. The journal both promotes greater understanding of the role of business in the global environment, and provides a forum for the intellectual exchange of academic research in business fields, particularly in the accounting profession. Covering a range of topical issues in accounting, business finance and related fields, Accounting Forum''s main areas of interest are: accounting theory; auditing; financial accounting; finance and accounting education; management accounting; small business; social and environmental accounting; and taxation. Of equal interest to practitioners, academics, and students, each issue of the journal includes peer-reviewed articles, notes and comments section.