La pianificazione della sostenibilità nelle aziende familiari: il ruolo dei key value drivers

Titolo Rivista MANAGEMENT CONTROL
Autori/Curatori Ivo Hristov, Antonio Chirico, Francesco Ranalli, Riccardo Camilli
Anno di pubblicazione 2022 Fascicolo 2022/3
Lingua Italiano Numero pagine 26 P. 109-134 Dimensione file 404 KB
DOI 10.3280/MACO2022-003006
Il DOI è il codice a barre della proprietà intellettuale: per saperne di più clicca qui

Qui sotto puoi vedere in anteprima la prima pagina di questo articolo.

Se questo articolo ti interessa, lo puoi acquistare (e scaricare in formato pdf) seguendo le facili indicazioni per acquistare il download credit. Acquista Download Credits per scaricare questo Articolo in formato PDF

Anteprima articolo

FrancoAngeli è membro della Publishers International Linking Association, Inc (PILA)associazione indipendente e non profit per facilitare (attraverso i servizi tecnologici implementati da CrossRef.org) l’accesso degli studiosi ai contenuti digitali nelle pubblicazioni professionali e scientifiche

Emphasis upon sustainability issues has increased rapidly in the last 20 years, with particular regard to the role of the key value drivers to integrate sustainable development (SD) in family business at a strategic level. Accordingly, in order to provide a clear picture on how sustainability is integrated into strategy of family business, the authors systematically reviewed 58 English-language scientific papers published between 1999 and 2021, and identified the missing concepts and key value drivers of sustainability integration. The authors found a growing trend in the 23-year period of increasing theoretical research on sustainability issues, but a lack was found in developing practical solutions. In addition, all papers are analyzed considering three main categories: initiatives and measures to integrate sustainability into strategy of family businesses, different types of value drivers for such integration, and critical issues hindering the integration. In view of the findings, it is provided a conceptual framework, especially focused on providing a clear view on key value drivers to integrate sustainability into FB strategy through a Performance Management System (PMS). This framework can be considered an additional first step to achieving sustainability integration, albeit requiring further studies and implementation.

Parole chiave:Sustainable development, Family business, Performance management system, Business strategy

  1. Abeysekera A.P., Fernando C.S. (2020), Corporate social responsibility versus corporate shareholder responsibility: A family firm perspective, Journal of Corporate Finance, 61, 101370.
  2. Addison P.F., Stephenson P.J., Bull J.W., Carbone G., Burgman M., Burgass M.J., Reuter, K.E. (2020), Bringing sustainability to life: a framework to guide biodiversity indicator development for business performance management, Business Strategy and Environment, 29(8), pp. 3303-3313.
  3. Aguinis H. (2019), Performance management for dummies, John Wiley & Sons.
  4. Ahmadi A., Tiruta-Barna L., Benetto E., Capitanescu F., Marvuglia A. (2016), On the importance of integrating alternative renewable energy resources and their life cycle networks in the eco-design of conventional drinking water plants. Journal of Cleaner Production, 135, pp. 872-883.
  5. Amaduzzi A. (1978), L’azienda nel suo Sistema e nell’ordine delle sue rilevazioni, Torino, Utet.
  6. Amit R., Zott C. (2001), Value creation in e‐business, Strategic Management Journal, 22(6‐7), pp. 493-520.
  7. Armstrong M., Baron A. (2005), Managing performance: performance management in action, CIPD publishing.
  8. Bammens Y., Hünermund P. (2020), Nonfinancial considerations in eco‐innovation decisions: The role of family ownership and reputation concerns, Journal of Product Innovation Management, 37(5), pp 431-453.
  9. Block J. H., Wagner M. (2014), The effect of family ownership on different dimensions of corporate social responsibility: Evidence from large US firms, Business Strategy and the Environment, 23(7), pp. 475-492.
  10. Bonini S., Bove A.T. (2014), Sustainability’s strategic worth: McKinsey Global Survey results.
  11. Boyatzis R.E. (1998), Transforming Qualitative Information: thematic analysis and code development, Sage Publications, Cleveland, OH.
  12. Buscarini, C., Cerroni, F., Scarnecchia, L. (2021). Il ruolo delle matrici di “Materialità” e di “Performance” per il controllo della sostenibilità, Management Control, 2, pp. 87-106. DOI: 10.3280/MACO2021-002005
  13. Burrit R. L., Schaltegger S. (2010), Sustainability accounting and reporting: fad or trend?, Accounting, Auditing & Accountability Journal, 7, pp. 829-856.
  14. Busco C., Frigo M. L., Quattrone P., Riccaboni A. (2013), Redefining Corporate Accountability through Integrated Reporting, Strategic Finance, 8, pp. 33-41.
  15. Carlsen J., Getz D., Ali-Knight J. (2001), The environmental attitudes and practices of family businesses in the rural tourism and hospitality sectors, Journal of sustainable tourism, 9(4), pp. 281-297.
  16. Catturi G. (2003), Valori etici e principi economici: equilibrio possibile, Studi e Note di Economia, 3, pp. 7-37.
  17. Catturi G., Ricci Paulesu L. (2020), L’azienda “organismo intelligente”: il fenomeno dell’omeostasi ed i sistemi di controllo, Management Control, 2, pp. 11-36, DOI: 10.3280/MACO2020-002002
  18. Chen Y. L., Cheng H. Y. (2020),. Public family businesses and corporate social responsibility assurance: The role of mimetic pressures. Journal of Accounting and Public Policy, 39(3), 106734.
  19. Coda V. (1987), Gestione strategica d’impresa: letture e casi, Ed. Unicopli.
  20. Combs J. G., Gentry R. J., Lux S., Jaskiewicz P., Crook T. R. (2020), Corporate political activity and sensitivity to social attacks: The case of family-managed firms, Family Business Review, 33(2), pp. 152-174.
  21. Cordeiro J. J., Profumo G., Tutore I. (2020), Board gender diversity and corporate environmental performance: The moderating role of family and dual class majority ownership structures, Business Strategy and the Environment, 29(3), pp. 1127-1144.
  22. Cuadrado-Ballesteros B., Rodríguez-Ariza L., García-Sánchez I. M. (2015), The role of independent directors at family firms in relation to corporate social responsibility disclosures, International Business Review, 24(5), pp. 890-901.
  23. Cui V., Ding S., Liu M., Wu Z. (2018), Revisiting the effect of family involvement on corporate social responsibility: A behavioral agency perspective, Journal of Business Ethics, 152(1), pp. 291-309.
  24. Danes S. M., Stafford K., Haynes G., Amarapurkar S. S. (2009), Family capital of family firms: Bridging human, social, and financial capital, Family Business Review, 22(3), pp. 199-215.
  25. Danes S. M., Lee J., Stafford K., Heck R. K. Z. (2008), The effects of ethnicity, families and culture on entrepreneurial experience: An extension of Sustainable Family Business Theory, Journal of Developmental Entrepreneurship, 13, pp. 2229-2268.
  26. Delmas M. A., Gergaud O. (2014), Sustainable certification for future generations: The case of family business, Family Business Review, 27(3), pp. 228-243.
  27. Déniz M. D. L. C. D., Suárez M. K. C. (2005), Corporate social responsibility and family business in Spain, Journal of Business Ethics, 56(1), pp. 27-41.
  28. Dieleman M., Koning J. (2019), Articulating values through identity work: Advancing family business ethics research, Journal of Business Ethics, pp. 1-13.
  29. Faller C. M., zu Knyphausen-Aufseß D. (2018), Does equity ownership matter for corporate social responsibility? A literature review of theories and recent empirical findings, Journal of Business Ethics, 150(1), pp. 15-40.
  30. Fassin Y., Van Rossem A., Buelens M. (2011), Small-business owner-managers’ perceptions of business ethics and CSR-related concepts, Journal of Business ethics, 98(3), pp. 425-453.
  31. Ferreira A., Otley D. (2009), The design and use of performance management systems: An extended framework for analysis, Management Accounting Research, 20(4), pp. 263-282.
  32. Ferreira J. J., Fernandes C. I., Schiavone F., Mahto R. V. (2021), Sustainability in family business – A bibliometric study and a research agenda, Technological Forecasting and Social Change, 173, 121077.
  33. Figge F., Hahn T., Schaltegger S., Wagner M. (2002), The sustainability balanced scorecard–linking sustainability management to business strategy, Business strategy and the Environment, 11(5), pp. 269-284.
  34. Fitzgerald M. A., Haynes G. W., Schrank H. L., Danes S. M. (2010), Socially responsible processes of small family business owners: Exploratory evidence from the national family business survey, Journal of Small Business Management, 48(4), pp. 524-551.
  35. Gadenne D., Mia L., Sands J., Winata L., Hooi G. (2012), The influence of sustainability performance management practices on organisational sustainability performance, Journal of Accounting & Organizational Change.
  36. Galeotti M., Lombardi R., Paoloni P., Roberto F. (2022), Big data and sustainability reports: The current approach to non-accounting data management, Management Control, 2, 95-116. DOI: 10.3280/MACO2022-002-S1005
  37. García‐Sánchez I. M., Martín‐Moreno J., Khan S. A., Hussain N. (2021), Socio‐emotional wealth and corporate responses to environmental hostility: Are family firms more stakeholder oriented?, Business Strategy and the Environment, 30(2), pp. 1003-1018.
  38. El Ghoul S., Guedhami O., Wang H., Kwok C. C. (2016), Family control and corporate social responsibility, Journal of Banking & Finance, 73, pp. 131-146.
  39. Hristov I., Appolloni A., Chirico A., Cheng W. (2021a), The role of the environmental dimension in the Performance Management System: A systematic review and conceptual framework, Journal of Cleaner Production, 126075.
  40. Hristov I., Camilli R., Mechelli A. (2022), Cognitive biases in implementing a performance management system: behavioral strategy for supporting managers’ decision-making processes, Management Research Review.
  41. Hristov I., Chirico A., Ranalli F. (2020), Un approccio sistemico alla teoria della creazione di valore sostenibile: un modello concettuale, Management Control, 2, pp. 81-104. DOI: 10.3280/MACO2020-002005
  42. Hristov I., Chirico A., Ranalli F. (2021b), Corporate strategies oriented towards sustainable governance: Advantages, managerial practices and main challenges, Journal of Management and Governance, pp. 1-23.
  43. Hsueh J. W. J. (2018), Governance structure and the credibility gap: Experimental evidence on family businesses’ sustainability reporting, Journal of Business Ethics, 153(2), pp. 547-568.
  44. Hubbard G. (2009), Measuring organizational performance: beyond the triple bottom line, Business strategy and the environment, 18(3), pp. 177-191.
  45. Kallmuenzer A., Nikolakis W., Peters M., Zanon J. (2018), Trade-offs between dimensions of sustainability: Exploratory evidence from family firms in rural tourism regions, Journal of Sustainable Tourism, 26(7), pp. 1204-1221.
  46. Kapiyangoda K., Gooneratne T. (2021), Management accounting research in family businesses: a review of the status quo and future agenda, Journal of Accounting & Organizational Change.
  47. Khan A., Muttakin M. B., Siddiqui J. (2015), Audit fees, auditor choice and stakeholder influence: Evidence from a family-firm dominated economy, The British Accounting Review, 47(3), pp. 304-320.
  48. Kotlar J., Fang H., De Massis A., Frattini F. (2014), Profitability goals, control goals, and the R & D investment decisions of family and nonfamily firms, Journal of Product Innovation Management, 31(6), pp. 1128-1145.
  49. Lamb N. H., Butler F. C. (2018), The influence of family firms and institutional owners on corporate social responsibility performance, Business & Society, 57(7), pp. 1374-1406.
  50. Lebas M. J. (1995), Performance measurement and performance management, International Journal of Production Economics, 41(1-3), pp. 23-35.
  51. Lee S., Geum Y., Lee H., Park Y. (2012), Dynamic and multidimensional measurement of product-service system (PSS) sustainability: a triple bottom line (TBL)-based system dynamics approach, Journal of Cleaner Production, 32, pp. 173-182.
  52. Liu M., Shi Y., Wilson C., Wu Z. (2017), Does family involvement explain why corporate social responsibility affects earnings management?, Journal of Business Research, 75, pp. 8-16.
  53. Marchi L. (2020), Dalla crisi allo sviluppo sostenibile: il ruolo dei sistemi di misurazione e controllo, Management Control, 3, pp. 5-16. DOI: 10.3280/MACO2020-003001
  54. Matacena A. (2012), L’accountability nelle imprese lucrative e sociali. Verso una possibile convergenza?, Economia Aziendale Online, (4), pp. 171-206.
  55. Meier O., Schier G. (2021), CSR and family CEO: The moderating role of CEO’s age, Journal of Business Ethics, 174(3), pp. 595-612.
  56. Memili E., Fang H. C., Koc B., Yildirim-Öktem Ö., Sonmez S. (2018), Sustainability practices of family firms: The interplay between family ownership and long-term orientation, Journal of Sustainable Tourism, 26(1), pp. 9-28.
  57. Mio C., Panfilo S., Blundo B. (2020), Sustainable development goals and the strategic role of business: A systematic literature review, Business Strategy and the Environment, 29(8), pp. 3220-3245.
  58. Miralles-Marcelo J. L., del Mar Miralles-Quirós M., Lisboa I. (2014), The impact of family control on firm performance: Evidence from Portugal and Spain, Journal of Family Business Strategy, 5(2), pp. 156-168.
  59. Moher D., Liberati A., Tetzlaff J., Altman D.G., The PRISMA Group (2009), Preferred reporting Items for systematic reviews and meta-analyses: the PRISMA statement, PLoS Medicine, 6(7).
  60. Nadeem M., Gyapong E., Ahmed A. (2020), Board gender diversity and environmental, social, and economic value creation: Does family ownership matter?, Business Strategy and the Environment, 29(3), pp. 1268-1284.
  61. Nekhili M., Nagati H., Chtioui T., Rebolledo C. (2017), Corporate social responsibility disclosure and market value: Family versus nonfamily firms, Journal of Business Research, 77, pp. 41-52.
  62. Niehm L. S., Swinney J., Miller N. J. (2008), Community social responsibility and its consequences for family business performance, Journal of Small Business Management, 46(3), pp. 331-350.
  63. Olson P. D., Zuiker V. S., Danes S. M., Stafford K., Heck R. K., Duncan K. A. (2003), The impact of the family and the business on family business sustainability, Journal of business venturing, 18(5), pp. 639-666.
  64. Otley, D. (1999), Performance management: a framework for management control systems research, Management Accounting Research, 10(4), pp. 363-382.
  65. Peake W. O., Cooper D., Fitzgerald M. A., Muske G. (2017), Family business participation in community social responsibility: The moderating effect of gender, Journal of Business Ethics, 142(2), pp. 325-343.
  66. Perego P., Hartmann F. (2009), Aligning performance measurement systems with strategy: the case of environmental strategy, Abacus, 45, pp. 397-428.
  67. Porfírio J. A., Felício J. A., Carrilho T. (2020), Family business succession: Analysis of the drivers of success based on entrepreneurship theory, Journal of Business Research, 115, pp. 250-257.
  68. Porter M.E., Kramer M.R. (2006), Strategy and society: the link between competitive advantage and corporate social responsibility, Harvard Business Review, 84(12), pp. 78-92.
  69. Prange C., Pinho J. C. (2017), How personal and organizational drivers impact on SME international performance: The mediating role of organizational innovation. International Business Review, 26(6), pp. 1114-1123.
  70. Rainero C., Coda R. M., Migliavacca A. (2020), Accounting for pandemics and economic crises management: Moral hazard, blockchain and smart‐contracts, Corporate Ownership and Control, 18(1), pp. 301-309.
  71. Rothstein H.R., Hopewell S. (2009), Grey literature in Cooper, H., Hedges, L.V. and Valentine, J.C. (Eds), The Handbook of Research Synthesis and Meta-Analysis, Russell Sage Foundation, New York.
  72. Schaltegger S., Wagner M. (2006), Integrative management of sustainability performance, measurement and reporting. International Journal of Accounting, Auditing and Performance Evaluation, 3(1), pp. 1-19.
  73. Sciascia S. (2011), Risorse familiari e risultati aziendali, Torino, Giuffrè Editore.
  74. Scott W. R. (1987), The adolescence of institutional theory, Administrative Science Quarterly, pp. 493-511.
  75. Singh G., Sharma S., Sharma R., Dwivedi Y. K. (2021), Investigating environmental sustainability in small family-owned businesses: Integration of religiosity, ethical judgment, and theory of planned behavior, Technological Forecasting and Social Change, 173, 121094.
  76. Songini L., Gnan L. (2015), Family involvement and agency cost control mechanisms in family small and medium-sized enterprises, Journal of Small Business Management, 53(3), pp. 748-779.
  77. Stafford K., Duncan K. A., Dane S., Winter M. (1999), A research model of sustainable family businesses, Family business review, 12(3), pp. 197-208.
  78. Stoian M. C., Rialp A., Rialp J. (2011), Export performance under the microscope: A glance through Spanish lenses, International Business Review, 20(2), pp. 117-135.
  79. Supino E., Barnabè F., Giorgino M.C., Busco C. (2019), Strategic scenario analysis combining dynamic balanced scorecards and statistics. International Journal of Productivity and Performance Management, 69(9), pp. 1881-1902.
  80. Tam W.W., Lo K.K., Khalechelvam P. (2017), Endorsement of PRISMA statement and quality of systematic reviews and meta-analyses published in nursing journals: a cross-sectional study, BMJ Open, 7(2), pp. 1-8.
  81. Tranfield D., Denyer D., Smart P. (2003), Towards a methodology for developing evidence‐informed management knowledge by means of systematic review, British journal of management, 14(3), pp. 207-222.
  82. Vallejo M. C. (2009), The effects of commitment of non-family employees of family firms from the perspective of stewardship theory, Journal of business ethics, 87(3), pp. 379-390.
  83. Villalonga B., Amit, R. (2006), How do family ownership, control and management affect firm value?, Journal of financial Economics, 80(2), pp. 385-417.
  84. Wells R. P., Hochman M. N., Hochman S. D., O’Connell, P. A. (1992), Measuring environmental success, Environmental Quality Management, 1(4), pp. 315-327.
  85. World Commission on Environment and Development (1987), Our common future, Oxford, Oxford University Press.
  86. Xiang D., Chen J., Tripe D., Zhang N. (2019), Family firms, sustainable innovation and financing cost: Evidence from Chinese hi-tech small and medium-sized enterprises, Technological Forecasting and Social Change, 144, pp. 499-511.
  87. Yáñez-Araque B., Hernández J. P. S. I., Gutiérrez-Broncano S., Jiménez-Estévez P. (2021), Corporate social responsibility in micro-, small-and medium-sized enterprises: Multigroup analysis of family vs. nonfamily firms, Journal of Business Research, 124, pp. 581-592.
  88. Yeon J., Lin M. S., Lee S., Sharma A. (2021), Does family matter? The moderating role of family involvement on the relationship between CSR and firm performance, International Journal of Contemporary Hospitality Management.
  89. Zailani S. H. M., Eltayeb T. K., Hsu C. C., Tan K. C. (2012), The impact of external institutional drivers and internal strategy on environmental performance. International Journal of Operations and Production Management.
  90. Zellweger T. M., Nason R. S. (2008), A stakeholder perspective on family firm performance, Family Business Review, 21(3), pp. 203-216.

  • La prospettiva della performatività e gli strumenti di misurazione e gestione della performance Lino Cinquini, Silvana Revellino, Maria Serena Chiucchi, in MANAGEMENT CONTROL 3/2024 pp.5
    DOI: 10.3280/MACO2023-003001
  • "Radicare" la sostenibilità nella strategia attraverso i sistemi di management control: un caso di studio relativo ad una Pmi Armando Della Porta, Francesco De Luca, Chiara Aufiero, in MANAGEMENT CONTROL 2/2023 pp.43
    DOI: 10.3280/MACO2023-002003
  • Controllo di gestione e relazioni intraorganizzative: la prospettiva del controller Oppi Chiara, Vagnoni Emidia, Cattaneo Cristiana, Galizzi Giovanna, in MANAGEMENT CONTROL 3/2024 pp.155
    DOI: 10.3280/MACO2024-003008
  • Il contributo dei sistemi di RM e PM alla sostenibilità integrata: il caso B&C Speakers Lorenzo Leto, Diletta Vito, in MANAGEMENT CONTROL 3/2024 pp.113
    DOI: 10.3280/MACO2023-003006
  • Shedding light on the preconditions for circular economy: Evidence from SMEs in the agri-food sector Francesco Avallone, Costanza Di Fabio, Shekerta Aliu, Elisa Roncagliolo, in MANAGEMENT CONTROL 3/2024 pp.141
    DOI: 10.3280/MACO2023-003007

Ivo Hristov, Antonio Chirico, Francesco Ranalli, Riccardo Camilli, La pianificazione della sostenibilità nelle aziende familiari: il ruolo dei key value drivers in "MANAGEMENT CONTROL" 3/2022, pp 109-134, DOI: 10.3280/MACO2022-003006