A study by UC3M, ASU and the University of Salamanca reveals that family businesses are more environmentally responsible than non-family businesses.

March 24, 2025
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A study by UC3M, ASU and the University of Salamanca reveals that family businesses are more environmentally responsible than non-family businesses.

In this context, a family business is considered to be a company in which the person who founded it or acquired its share capital owns at least 25% of the voting rights, whether he, she, her relatives or her descendants.

The study, recently published in the Journal of Business Ethics, has determined that the predisposition of family businesses to promote ecological policies that reduce greenhouse gas emissions is even greater when family members are involved in the governance system of the corporation through their participation in the Board of Directors.




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MARÍA JOSÉ SÁNCHEZ-BUENO

MARÍA JOSÉ SÁNCHEZ-BUENO

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LUIS GÓMEZ MEJÍA

LUIS GÓMEZ MEJÍA

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