The Impact of Family Determinants on the Media Coverage of Family Business Activism in Sustainability
基于社会情感财富视角，研究意大利上市家族企业董事会家族参与度和代际阶段如何影响其可持续发展行动的媒体报道水平。
ABSTRACT Media coverage is a key factor in increasing the flow and accessibility of information among the firm's stakeholders. Drawing on the socioemotional wealth (SEW) perspective, we investigate the antecedents of the level of media coverage of family firms' activism in sustainability. Using hand‐collected data from a sample of public Italian family firms, we provide several novel contributions to the academic debate. First, we find that family involvement on the board of directors is negatively associated with the level of media coverage of the family firm's engagement in sustainability. Conversely, we find that later generational stages of the family business are positively associated with the level of corporate media coverage on sustainability. Our study advances the literature on both corporate sustainability issues and media coverage in the context of family businesses.