Business Groups Owned by Family and Sustainability Embeddedness: Understanding the Family Sustainability Spectrum
2022 (English)In: The Palgrave Handbook of Managing Family Business Groups / [ed] Marita Rautiainen, Maria José Parada, Timo Pihkala, Naveed Akhter, Allan Discua Cruz, Kajari Mukherjee, Springer, 2022, p. 429-457Chapter in book (Other academic)
Sustainable development
Sustainable Development
Abstract [en]
Increased awareness about the climate emergency, social and environmental inequalities, and ecological degradation influence the adoption of sustainability by business groups worldwide, including business groups owned by family. The owning families of business groups develop awareness and strategies to pursue ecological, social, and ethical opportunities. Research at the interface of family, business groups, and corporate sustainability is important to advance our understanding of the owning family’s influence on the sustainability approaches of the business group. Thus, in this chapter, we develop a conceptual framework that examines the commitment, control, and continuity of the owning family to its business group’s global corporate sustainability. We merge literature on family business, corporate sustainability, and sustainability science and develop a sustainability embeddedness perspective. Our proposed conceptual model on sustainability embeddedness offers insights to better understand diverse degrees and forms of involvement of the owning family leading to a variety of sustainability strategies, processes, and practices.
Place, publisher, year, edition, pages
Springer, 2022. p. 429-457
Keywords [en]
Business families, Commitment, Continuity, Control, Family involvement, Ownership, Sustainability
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-60976DOI: 10.1007/978-3-031-13206-3_17Scopus ID: 2-s2.0-85160176867ISBN: 978-3-031-13205-6 (print)ISBN: 978-3-031-13208-7 (print)ISBN: 978-3-031-13206-3 (electronic)OAI: oai:DiVA.org:hj-60976DiVA, id: diva2:1765033
2023-06-092023-06-092023-06-09Bibliographically approved