The Impact of Family Firms on Corporate Social Responsibility in China

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Authors: Yao Zheng, Eric Osmer, Junhua Tang
Cited by: 0
References: 45

Abstract

This study examines corporate social responsibility (CSR) performance among listed family and nonfamily firms in China. Family firms consistently achieve higher CSR scores, with stronger performance observed when led by highly educated, female, or older CEOs, or those with higher compensation. Additionally, family firms in noncoastal regions with strong government-market relations and political stability are more likely to outperform in CSR activities. These firms emphasize charitable contributions, employee welfare, conservative financial strategies, and reputational capital, underscoring their commitment to long-term value creation and highlighting the unique role of family ownership in shaping responsible business practices in emerging markets.

Fields of Study & Subjects

Family Business Performance and Succession Corporate Social Responsibility Reporting Corporate Governance and Financial Management

Publication details

Journal / source
Review of Pacific Basin Financial Markets and Policies
Volume
29
Issue
01
Publication date
10 January 2026
Language
EN