This comprehensive literature review examines the growing scholarly attention given to corporate social responsibility (CSR) in family-owned firms, a subject that has seen substantial expansion in recent years. The exploration of family firm-CSR dynamics, including drivers, activities, outcomes, and contextual influences, now offers the opportunity for a more coherent and in-depth understanding of this phenomenon, facilitating a more organized structure for existing research. 122 peer-reviewed publications from top journals were examined to discern the core issues and conceptualize the research subject. The results underscore a significant gap in research concerning CSR outcomes for family firms. Although family firm research has advanced considerably, a study concentrating on family outcomes (such as family status within the community and emotional health) instead of the firm's performance has yet to be conducted. Through a critical review of the literature, this paper illuminates the contemporary research on CSR within family firms, highlighting how CSR can be employed as a strategic management tool. Our analysis, in addition, showcases a black box, illustrating the manner in which CSR links diverse antecedents and outcomes. Given the imperative for firms to optimize resource allocation, the black box holds significant importance in determining where to best deploy their limited resources. These findings have served as the foundation for nine research questions, with the expectation that they will motivate future research projects.
Business-owning families (BOFs) engaging in community outreach through both their family foundations and corporate social responsibility programs encounter an unclear relationship between these two forms of involvement. Academic studies posit that business organizations with family foundations might show less concern for community-based corporate social responsibility (CSR) activities, since family foundations could be more efficient in acquiring socio-emotional wealth (SEW). This suggests a potential connection between these business practices and reduced ethical behavior. We refine the socioemotional wealth (SEW) model with the addition of instrumental stakeholder theory and cue consistency principles to contradict these speculations. Our hypothesis is that business organizations endeavor to ensure consistency between their activities within these two domains. Our study, employing data from 2008 to 2018, concerning the 95 largest US publicly held family firms that also support private foundations, indicates a positive association between family foundation giving and corporate social responsibility actions within the community. Moreover, the evidence supports the boundary conditions of this association, showcasing its weaker impact on companies without shared family names and its heightened impact on those firms with family leaders who also helm their family's foundations.
The contemporary understanding of modern slavery emphasizes its presence, hidden in plain sight, within the home territories of multinational corporations. Despite this, the body of business scholarship on contemporary slavery has, until recently, been disproportionately directed towards the intricate network of product supply chains. In order to tackle this, we emphasize the numerous institutional pressures confronting the UK's construction industry, and the managers of its companies, regarding the modern slavery threat to their on-site workforce. In a study employing 30 in-depth interviews with construction firm managers and directors, a unique dataset highlights two institutional logics—market and state—as critical in deciphering how these companies have responded to the Modern Slavery Act. While institutional logics literature frequently predicts that increasing institutional complexities will lead to a conciliation of various logics, our study demonstrates the existence of both intertwined influences and unrelenting clashes between these competing logics. Although we note a degree of reconciliation between the market's and state's perspectives, the fight against modern slavery is constrained by the inherent tensions between these opposing logics and the concessions that resolving them demands.
Investigations into meaningful work in scholarship have largely revolved around the subjective experiences reported by individual workers. The consequence of this has been an under-theorization, bordering on outright neglect, of the cultural and normative components of meaningful work in the literature. Specifically, it has clouded the fact that a person's capacity for discovering meaning in their life overall, and their professional endeavors in particular, is usually grounded in, and reliant upon, communal institutions and cultural goals. read more A contemplation of the work environment of tomorrow, in particular the risks posed by technological unemployment, helps uncover the cultural and normative underpinnings of valuable work. I posit that a world with few job prospects is one bereft of a foundational societal structure, hence challenging our capacity to ascertain the meaning of a fulfilling life. I demonstrate that work serves as a central organizing principle, pulling our contemporary lives towards it. novel medications Work, an ubiquitous force, permeates every facet of our existence, setting the pace for our days and weeks, and providing a foundational structure for our lives. A central element in human flourishing is the experience of work. Our material needs, skill development, virtuous character, community building, and contribution to the collective good are all achieved through diligent work. In that light, work stands as a central organizing idea in contemporary Western societies, a truth with notable normative power that profoundly affects how we view the meaning of work.
Governments, institutions, and brands are actively using diverse intervention strategies to combat cyberbullying, but the measure of their efficacy is unclear. The authors evaluate the impact of hypocrisy induction, a technique to subtly draw attention to consumers' past actions that may contradict their moral values, on their willingness to support brand-sponsored corporate social responsibility campaigns focused on combating cyberbullying. Findings underscore that hypocrisy induction yields diverse reactions based on differences in regulatory focus, this variability being mediated by experiences of guilt and shame. Individuals with a pronounced prevention focus, notably, experience feelings of guilt (or shame), which motivates them to ease their discomfort by participating (or shunning) in an anti-cyberbullying campaign. The theoretical framework of moral regulation provides an explanation for consumer reactions to hypocrisy induction, the impact of regulatory focus's moderating role, and the mediating effects of guilt and shame. The research explores the efficacy of brand hypocrisy induction in motivating consumer support for social causes through the framework of moral regulation theory, adding to the theoretical discourse and providing practical implications for brand strategies.
Intimate Partner Violence (IPV), a widespread global social issue, includes coercive control tactics, commonly involving financial abuse, to manage and imprison an intimate partner. Coercive financial practices either withhold or limit a person's access to financial resources and decision-making authority, thus creating financial dependence, or conversely, exploits their money and economic assets for the abuser's advantage. Banks are crucial in preventing and responding to IPV, given their vital role in household finances and the understanding that an equitable society prioritizes vulnerable consumers. Regulatory policies, seemingly benign, and instruments for household money management, when combined with institutional practices, might unknowingly contribute to abusive partners' financial control and the exacerbation of unequal power dynamics. Previously, a more extensive view of banker professional responsibility was frequently adopted by business ethicists, particularly following the Global Financial Crisis. A scant investigation explores whether, when, and how a bank should react to societal issues like domestic abuse, typically beyond the purview of standard banking services. My perspective on 'systemic harm' extends current knowledge to delineate the bank's function in countering economic harm stemming from IPV, viewing IPV and financial abuse through the lens of consumer vulnerability to link theory and application. Two in-depth accounts of financial mistreatment vividly portray the essential role banks should and can play in countering financial abuse.
The world of work's trajectory over the past three years, altered considerably by the COVID-19 pandemic, has heightened the importance of academic discussions concerning the ethics and future of work. These exchanges possess the potential to inform our understanding of whether and when particular work is recognized as meaningful, and also which aspects of this work are found to be meaningful. Still, up to the present time, discourse on ethics, meaningful employment, and the future of work has predominantly followed divergent courses. For the advancement of meaningful work as a field of study, bridging these research spheres is essential; this bridging also holds the potential to guide the development of future organizations and societies. This Special Issue's purpose is to explore these intersecting topics, and we appreciate the contribution of the seven selected authors who have created a platform for an integrative discussion. Each piece in this publication offers a distinctive perspective on these subjects, some prioritizing ethical considerations while others spotlight the future of worthwhile labor. rapid biomarker Collectively, these papers pinpoint forthcoming research trajectories concerning (a) the essence of meaningful labor, (b) the prospective nature of meaningful work, and (c) future ethical methodologies for examining meaningful work. We are optimistic that these findings will stimulate more valuable exchanges between scholars and practitioners.