Corporate greenwashing and green management indicators
This article provides evidence on greenwashing practices and environment-friendly initiatives of more than 27,000 family and non-family firms across 41 countries. The statistical analysis reveals that family firms tend to engage less in greenwashing and demonstrate a stronger commitment to environme...
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| Format: | Article |
| Language: | English |
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Elsevier
2025-06-01
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| Series: | Environmental and Sustainability Indicators |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2665972725000200 |
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| _version_ | 1832586210698067968 |
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| author | Viviana Fernandez |
| author_facet | Viviana Fernandez |
| author_sort | Viviana Fernandez |
| collection | DOAJ |
| description | This article provides evidence on greenwashing practices and environment-friendly initiatives of more than 27,000 family and non-family firms across 41 countries. The statistical analysis reveals that family firms tend to engage less in greenwashing and demonstrate a stronger commitment to environment-friendly initiatives compared to their non-family counterparts. However, family control does not necessarily lead to improved business performance when general and green management practices are considered. Nonetheless, family businesses appear better positioned to leverage environment-friendly initiatives for enhanced performance outcomes.Further analysis indicates that bribery may reduce greenwashing in family firms, particularly in light industries. On the other hand, political connections have minimal influence on greenwashing practices, regardless of whether firms are family- or non-family-controlled. |
| format | Article |
| id | doaj-art-88fa9bf33efc4e08b7be560ba77ea70c |
| institution | Kabale University |
| issn | 2665-9727 |
| language | English |
| publishDate | 2025-06-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Environmental and Sustainability Indicators |
| spelling | doaj-art-88fa9bf33efc4e08b7be560ba77ea70c2025-01-26T05:04:54ZengElsevierEnvironmental and Sustainability Indicators2665-97272025-06-0126100599Corporate greenwashing and green management indicatorsViviana Fernandez0Corresponding author.; Business School Universidad Adolfo Ibañez (UAI), Av. Diagonal Las Torres 2700, Office 512–C, Santiago, ChileThis article provides evidence on greenwashing practices and environment-friendly initiatives of more than 27,000 family and non-family firms across 41 countries. The statistical analysis reveals that family firms tend to engage less in greenwashing and demonstrate a stronger commitment to environment-friendly initiatives compared to their non-family counterparts. However, family control does not necessarily lead to improved business performance when general and green management practices are considered. Nonetheless, family businesses appear better positioned to leverage environment-friendly initiatives for enhanced performance outcomes.Further analysis indicates that bribery may reduce greenwashing in family firms, particularly in light industries. On the other hand, political connections have minimal influence on greenwashing practices, regardless of whether firms are family- or non-family-controlled.http://www.sciencedirect.com/science/article/pii/S2665972725000200Green management z-scoreGreenwashFamily firmsBriberyPolitical connections |
| spellingShingle | Viviana Fernandez Corporate greenwashing and green management indicators Environmental and Sustainability Indicators Green management z-score Greenwash Family firms Bribery Political connections |
| title | Corporate greenwashing and green management indicators |
| title_full | Corporate greenwashing and green management indicators |
| title_fullStr | Corporate greenwashing and green management indicators |
| title_full_unstemmed | Corporate greenwashing and green management indicators |
| title_short | Corporate greenwashing and green management indicators |
| title_sort | corporate greenwashing and green management indicators |
| topic | Green management z-score Greenwash Family firms Bribery Political connections |
| url | http://www.sciencedirect.com/science/article/pii/S2665972725000200 |
| work_keys_str_mv | AT vivianafernandez corporategreenwashingandgreenmanagementindicators |