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Succession intention and environmental investment: The moderating role of social status

Drawing on expectancy theory, this study explains how founders’ succession intentions might influence family firms’ environmental environments. Using a nationally representative sample of Chinese private firms, we find that family firms make more environmental investments when founders have successi...

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Detalles Bibliográficos
Autores principales: Zhang, Qi, Xiong, Lei, Yan, Youliang, Song, Zengji, Wen, Zezhou
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9512007/
https://www.ncbi.nlm.nih.gov/pubmed/36172235
http://dx.doi.org/10.3389/fpsyg.2022.972565
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author Zhang, Qi
Xiong, Lei
Yan, Youliang
Song, Zengji
Wen, Zezhou
author_facet Zhang, Qi
Xiong, Lei
Yan, Youliang
Song, Zengji
Wen, Zezhou
author_sort Zhang, Qi
collection PubMed
description Drawing on expectancy theory, this study explains how founders’ succession intentions might influence family firms’ environmental environments. Using a nationally representative sample of Chinese private firms, we find that family firms make more environmental investments when founders have succession intentions. We also find that the relationship between founders’ succession intentions and family firms’ environmental investments is negatively moderated by the founders’ subjective social status. Moreover, the results show that, compared with ownership succession intentions, the positive role of founders’ management succession intentions on family firms’ environmental investments is more prominent. This study helps us to better understand the impact of succession intentions on family business decision-making from a psychological perspective. It enriches the research on succession intentions and provides practical implications for family firms’ sustainable development.
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spelling pubmed-95120072022-09-27 Succession intention and environmental investment: The moderating role of social status Zhang, Qi Xiong, Lei Yan, Youliang Song, Zengji Wen, Zezhou Front Psychol Psychology Drawing on expectancy theory, this study explains how founders’ succession intentions might influence family firms’ environmental environments. Using a nationally representative sample of Chinese private firms, we find that family firms make more environmental investments when founders have succession intentions. We also find that the relationship between founders’ succession intentions and family firms’ environmental investments is negatively moderated by the founders’ subjective social status. Moreover, the results show that, compared with ownership succession intentions, the positive role of founders’ management succession intentions on family firms’ environmental investments is more prominent. This study helps us to better understand the impact of succession intentions on family business decision-making from a psychological perspective. It enriches the research on succession intentions and provides practical implications for family firms’ sustainable development. Frontiers Media S.A. 2022-09-12 /pmc/articles/PMC9512007/ /pubmed/36172235 http://dx.doi.org/10.3389/fpsyg.2022.972565 Text en Copyright © 2022 Zhang, Xiong, Yan, Song and Wen. https://creativecommons.org/licenses/by/4.0/This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
spellingShingle Psychology
Zhang, Qi
Xiong, Lei
Yan, Youliang
Song, Zengji
Wen, Zezhou
Succession intention and environmental investment: The moderating role of social status
title Succession intention and environmental investment: The moderating role of social status
title_full Succession intention and environmental investment: The moderating role of social status
title_fullStr Succession intention and environmental investment: The moderating role of social status
title_full_unstemmed Succession intention and environmental investment: The moderating role of social status
title_short Succession intention and environmental investment: The moderating role of social status
title_sort succession intention and environmental investment: the moderating role of social status
topic Psychology
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9512007/
https://www.ncbi.nlm.nih.gov/pubmed/36172235
http://dx.doi.org/10.3389/fpsyg.2022.972565
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