Corporate social responsibility and COVID-19: A case study of a family-owned printery

References

• Bae, K. H., El Ghoul, S., Gong, Z. J., & Guedhami, O. (2021, April). Does CSR matter in times of crisis? Evidence from the COVID-19 pandemic. Journal of Corporate Finance, 67, 101876. https://doi.org/10.1016/j.jcorpfin.2020.101876
   Web of Science ®Google Scholar
• Baker, S. R., Bloom, N., Davis, S. J., Kost, K., Sammon, M., & Viratyosin, T. (2020). The unprecedented stock market reaction to COVID-19. The Review of Asset Pricing Studies, 10(4), 742–758. https://doi.org/10.1093/rapstu/raaa008
   Web of Science ®Google Scholar
• Berrone, P., Cruz, C., & Gomez-Mejia, L. R. (2012). Socioemotional wealth in family firms: Theoretical dimensions, assessment approaches, and agenda for future research. Family Business Review, 25(3), 258–279. https://doi.org/10.1177/0894486511435355
   Web of Science ®Google Scholar
• Berrone, P., Cruz, C., Gomez-Mejia, L. R., & Larraza-Kintana, M. (2010). Socioemotional wealth and corporate responses to institutional pressures: Do family-controlled firms pollute less? Administrative Science Quarterly, 55(1), 82–113. https://doi.org/10.2189/asqu.2010.55.1.82
   Web of Science ®Google Scholar
• Botero, I. C., Cruz, C., de Massis, A. V., & Nordqvist, M. (2015). Family business research in the European context. European Journal of International Management, 9(2), 139–159. https://doi.org/10.1504/EJIM.2015.067858
   Web of Science ®Google Scholar
• Buchner, M., Kuttner, M., Mitter, C., & Sommerauer, P. (2021). Resilienz von Familienunternehmen: Eine systematische Literaturanalyse. BFuP—Betriebswirtschaftliche Forschung und Praxis, 73(3), 225–252. https://www-1wiso-2net-1de-1007ec0ln08f0.han.ubl.jku.at/document/BLIS__6e702b4b6390b7e83022d116a8b7f91f403cde36
   Google Scholar
• Calabrò, A., Frank, H., Minichilli, A., & Suess-Reyes, J. (2021). Business families in times of crises: The backbone of family firm resilience and continuity. Journal of Family Business Strategy, 12(2), 100442. https://doi.org/10.1016/j.jfbs.2021.100442
   Web of Science ®Google Scholar
• Chintrakarn, P., Jiraporn, P., & Treepongkaruna, S. (2021, January). How do independent directors view corporate social responsibility (CSR) during a stressful time? Evidence from the financial crisis. International Review of Economics and Finance, 71, 143–160. https://doi.org/10.1016/j.iref.2020.08.007
   Web of Science ®Google Scholar
• Christofi, M., Hadjielias, E., Mahto, R. V., Tarba, S., & Dhir, A. (2023). Owner-manager emotions and strategic responses of small family businesses to the COVID-19 pandemic. Journal of Small Business Management, 1–42. https://doi.org/10.1080/00472778.2023.2193230
   Web of Science ®Google Scholar
• De Massis, A. V., & Rondi, E. (2020). COVID-19 and the future of family business research. Journal of Management Studies, 57(8), 1727–1731. https://doi.org/10.1111/joms.12632
   Web of Science ®Google Scholar
• De Mel, S., McKenzie, D., & Woodruff, C. (2012). Enterprise recovery following natural disasters. The Economic Journal, 122(559), 64–91. https://doi.org/10.1111/j.1468-0297.2011.02475.x
   Web of Science ®Google Scholar
• DesJardine, M., Bansal, P., & Yang, Y. (2019). Bouncing back: Building resilience through social and environmental practices in the context of the 2008 global financial crisis. Journal of Management, 45(4), 1434–1460. https://doi.org/10.1177/0149206317708854
   Web of Science ®Google Scholar
• Dyer, W. G., Jr., & Whetten, D. A. (2006). Family firms and social responsibility: Preliminary evidence from the S&P 500. Entrepreneurship Theory and Practice, 30(6), 785–802.https://doi.org/10.1111/j.1540-6520.2006.00151.x
   Web of Science ®Google Scholar
• Eggers, F. (2020, August). Masters of disasters? Challenges and opportunities for SMEs in times of crisis. Journal of Business Research, 116, 199–208. https://doi.org/10.1016/j.jbusres.2020.05.025
   PubMed Web of Science ®Google Scholar
• Eriksson, P., & Kovalainen, A. (2015). Qualitative methods in business research: A practical guide to social research. Sage.
   Google Scholar
• Faghfouri, P., Kraiczy, N. D., Hack, A., & Kellermanns, F. W. (2015). Ready for a crisis? How supervisory boards affect the formalized crisis procedures of small and medium-sized family firms in Germany. Review of Managerial Science, 9(2), 317–338. https://doi.org/10.1007/s11846-014-0158-0
   Web of Science ®Google Scholar
• Firfiray, S., & Gomez-Mejia, L. R. (2021). Can family firms nurture socioemotional wealth in the aftermath of Covid-19? Implications for research and practice. BRQ Business Research Quarterly, 24(3), 249–257. https://doi.org/10.1177/23409444211008907
   Web of Science ®Google Scholar
• García-Sánchez, I. M., & García-Sánchez, A. (2020). Corporate social responsibility during COVID-19 pandemic. Journal of Open Innovation: Technology, Market, and Complexity, 6(4), 126. https://doi.org/10.3390/joitmc6040126
   Google Scholar
• Gedajlovic, E., Carney, M., Chrisman, J. J., & Kellermanns, F. W. (2012). The adolescence of family firm research: Taking stock and planning for the future. Journal of Management, 38(4), 1010–1037. https://doi.org/10.1177/0149206311429990
   Web of Science ®Google Scholar
• Gómez-Mejía, L. R., Haynes, K. T., Núñez-Nickel, M., Jacobson, K. J., & Moyano-Fuentes, J. (2007). Socioemotional wealth and business risks in family-controlled firms: Evidence from Spanish olive oil mills. Administrative Science Quarterly, 52(1), 106–137. https://doi.org/10.2189/asqu.52.1.106
   Web of Science ®Google Scholar
• Huang, H., & Ye, Y. (2021). Rethinking capital structure decision and corporate social responsibility in response to COVID‐19. Accounting & Finance, 61(3), 4757–4788. https://doi.org/10.1111/acfi.12740
   Web of Science ®Google Scholar
• Huang, W., Chen, S., & Nguyen, L. T. (2020). Corporate social responsibility and organizational resilience to COVID-19 crisis: An empirical study of Chinese firms. Sustainability, 12(21), 8970. https://doi.org/10.3390/su12218970
   Web of Science ®Google Scholar
• Huang, Y. C., Wong, Y. J., & Yang, M. L. (2014). Proactive environmental management and performance by a controlling family. Management Research Review, 37(3), 210–240. https://doi.org/10.1108/MRR-09-2012-0196
   Google Scholar
• Kets de Vries, M. F. R. (1993). The dynamics of family controlled firms: The good and the bad news. Organizational Dynamics, 21(3), 59–71. https://doi.org/10.1016/0090-2616(93)90071-8
   Web of Science ®Google Scholar
• Kraus, S., Clauss, T., Breier, M., Gast, J., Zardini, A., & Tiberius, V. (2020). The economics of COVID-19: Initial empirical evidence on how family firms in five European countries cope with the Corona crisis. International Journal of Entrepreneurial Behavior and Research, 26(5), 1067–1092. https://doi.org/10.1108/IJEBR-04-2020-0214
   Google Scholar
• Kuttner, M., & Feldbauer-Durstmüller, B. (2018). Corporate social responsibility in family firms—Status quo and future directions. International Journal of Business Strategy, 18(1), 47–68. https://doi.org/10.18374/IJBS-18-1.6
   Google Scholar
• Kuttner, M., Feldbauer-Durstmüller, B., & Mitter, C. (2021). Corporate social responsibility in Austrian family firms: Socioemotional wealth and stewardship insights from a qualitative approach. Journal of Family Business Management, 11(2), 238–253. https://doi.org/10.1108/JFBM-04-2019-0028
   Web of Science ®Google Scholar
• Laguir, I., Laguir, L., & Elbaz, J. (2016). Are family small- and medium-sized enterprises more socially responsible than nonfamily small- and medium-sized enterprises? Corporate Social Responsibility and Environmental Management, 23(6), 386–398. https://doi.org/10.1002/csr.1384
   Web of Science ®Google Scholar
• Lins, K. V., Servaes, H., & Tamayo, A. (2017). Social capital, trust, and firm performance: The value of corporate social responsibility during the financial crisis. The Journal of Finance, 72(4), 1785–1824. https://doi.org/10.1111/jofi.12505
   Web of Science ®Google Scholar
• Mariani, M. M., Al-Sultan, K., & De Massis, A. (2023). Corporate social responsibility in family firms: A systematic literature review. Journal of Small Business Management, 61(3), 1192–1246. https://doi.org/10.1080/00472778.2021.1955122
   Web of Science ®Google Scholar
• Marquès, P., Presas, P., & Simon, A. (2014). The heterogeneity of family firms in CSR engagement: The role of values. Family Business Review, 27(3), 206–227. https://doi.org/10.1177/0894486514539004
   Web of Science ®Google Scholar
• Mattera, M., Soto Gonzalez, F., Alba Ruiz-Morales, C., & Gava, L. (2021). Facing a global crisis—How sustainable business models helped firms overcome COVID. Corporate Governance: The International Journal of Business in Society, 21(6), 1100–1116. https://doi.org/10.1108/CG-07-2020-0309
   Web of Science ®Google Scholar
• Miller, D., & Le Breton-Miller, I. (2005). Managing for the long run: Lessons in competitive advantage from great family businesses. Harvard Business Press.
   Google Scholar
• Miller, D., Le Breton‐Miller, I., & Scholnick, B. (2008). Stewardship vs. stagnation: An empirical comparison of small family and non‐family businesses. Journal of Management Studies, 45(1), 51–78. https://doi.org/10.1111/j.1467-6486.2007.00718.x
   Web of Science ®Google Scholar
• Pham, A. V., Adrian, C., Garg, M., Phang, S. Y., & Truong, C. (2021, November). State-level COVID-19 outbreak and stock returns. Finance Research Letters, 43, 102002. https://doi.org/10.1016/j.frl.2021.102002
   PubMed Web of Science ®Google Scholar
• Preslmayer, C., Kuttner, M., & Feldbauer-Durstmüller, B. (2018). Uncovering the research field of corporate social responsibility in family firms: A citation analysis. Journal of Family Business Management, 8(2), 169–195. https://doi.org/10.1108/JFBM-10-2017-0032
   Web of Science ®Google Scholar
• Salvato, C., Sargiacomo, M., Amore, M. D., & Minichilli, A. (2020). Natural disasters as a source of entrepreneurial opportunity: Family business resilience after an earthquake. Strategic Entrepreneurship Journal, 14(4), 594–615. https://doi.org/10.1002/sej.1368
   Web of Science ®Google Scholar
• Saunders, B., Sim, J., Kingstone, T., Baker, S., Waterfield, J., Bartlam, B., Burroughs, H., & Jinks, C. (2018). Saturation in qualitative research: Exploring its conceptualization and operationalization. Quality & Quantity, 52(4), 1893–1907. https://doi.org/10.1007/s11135-017-0574-8
   PubMed Web of Science ®Google Scholar
• Schäfer, H., & Goldschmidt, R. (2010). Corporate social responsibility of large family-owned companies in Germany. International Journal of Entrepreneurship and Small Business, 11(3), 285–307. https://doi.org/10.1504/IJESB.2010.035819
   Google Scholar
• Sharma, G. D., Kraus, S., Liguori, E., Bamel, U. K., & Chopra, R. (2022). Entrepreneurial challenges of COVID-19: Re-thinking entrepreneurship after the crisis. Journal of Small Business Management, 1–23. https://doi.org/10.1080/00472778.2022.2089676
   Web of Science ®Google Scholar
• Sharma, P., Chrisman, J. J., & Gersick, K. E. (2012). 25 years of family business review: Reflections on the past and perspectives for the future. Family Business Review, 25(1), 5–15. https://doi.org/10.1177/0894486512437626
   Web of Science ®Google Scholar
• Shepherd, D. A. (2009). Grief recovery from the loss of a family business: A multi-and meso-level theory. Journal of Business Venturing, 24(1), 81–97. https://doi.org/10.1016/j.jbusvent.2007.09.003
   Web of Science ®Google Scholar
• Shepherd, D. A., & Williams, T. A. (2014). Local venturing as compassion organizing in the aftermath of a natural disaster: The role of localness and community in reducing suffering. Journal of Management Studies, 51(6), 952–994. https://doi.org/10.1111/joms.12084
   Web of Science ®Google Scholar
• Stoian, M. C., & Plakoyiannaki, E. (2023). Understanding international CSR in SMEs. Journal of Small Business Management, 1–37. https://doi.org/10.1080/00472778.2023.2182441
   Web of Science ®Google Scholar
• Sun, J., Buys, N., Wang, X., & McAuley, A. (2011). Using the concept of resilience to explain entrepreneurial success in China. International Journal of Management and Enterprise Development, 11(2–4), 182–202. https://doi.org/10.1504/IJMED.2011.044637
   Google Scholar
• Uhlaner, L. M. (2006). Business family as a team: Underlying force for sustained competitive advantage. In P. Z. Poutziouris, K. Smyrnios, & S. B. Klein (Eds.), Handbook of research on family business (pp. 125–144). Edward Elgar.
   Google Scholar
• Van Gils, A., Dibrell, C., Neubaum, D. O., & Craig, J. B. (2014). Social issues in the family enterprise. Family Business Review, 27(3), 193–205. https://doi.org/10.1177/0894486514542398
   Web of Science ®Google Scholar
• Yin, R. K. (2018). Case study research and applications: Design and methods. Sage.
   Google Scholar
• Zellweger, T. M., Kellermanns, F. W., Chrisman, J. J., & Chua, J. H. (2012). Family control and family firm valuation by family CEOs: The importance of intentions for transgenerational control. Organization Science, 23(3), 851–868. https://doi.org/10.1287/orsc.1110.0665
   Web of Science ®Google Scholar