CSR Initiatives of Family Firms: An Analysis of Mexican Business Groups

Salvador Samuel Guajardo Treviño, Aurora Correa Flores, Bárbara Isabel Mojarro Durán, Alfonso Ernesto Benito Fraile

Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)

Abstract

This chapter studies the Corporate Social Responsibility (CSR) initiatives of the main business groups in Mexico. Studying family firms is important because they represent the world’s most predominant form of organizational (Claessens, Djankov, Fan, & Lang, 2002; Faccio & Lang, 2002; Porta, Lopez-de-Silanes, & Shleifer, 1999). One way in which family firms organize their economic activity, structure, and behavior are business groups. In Mexico, family firms conform into business groups within the same family. The purpose of this chapter is to inquiry the Corporate Social Initiatives emanating from the main Mexican business groups. Through quantitative and qualitative exploratory research, findings show that business groups in Mexico orient their corporate social initiatives into internal and external strategies, and tend to distribute disproportionally the amount of initiatives and money invested among each of its affiliates. Also, firms affiliated to a business group have a higher probability than unaffiliated firms of being classified as “sustainable”, according to the IPC Sustainable Index.
Original languageEnglish
Title of host publicationHandbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business
PublisherIGI Global Publishing
Chapter8
ISBN (Electronic)9781522580133
ISBN (Print)9781522580126
DOIs
Publication statusPublished - Apr 2019

    Fingerprint

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting (miscellaneous)

Cite this

Guajardo Treviño, S. S., Correa Flores, A., Mojarro Durán, B. I., & Benito Fraile, A. E. (2019). CSR Initiatives of Family Firms: An Analysis of Mexican Business Groups. In Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business IGI Global Publishing. https://doi.org/10.4018/978-1-5225-8012-6