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Inaction is Not an Option: ESG and Family Firms

Nupur Pavan Bang & Kavil Ramachandran

Vikalpa2025https://doi.org/10.1177/02560909241309521article
AJG 1
Weight
0.37

What the paper says

This article analyses how family firms, which constitute India’s dominant ownership category, compare with nonfamily firms in ESG (Environmental, Social, and Governance) goals adoption. To account for heterogeneity within family firms, we investigate the standalone family firms (SFFs) separately from a family business group affiliated firms (FBGFs). Results show that nonfamily firms perform better than family firms in overall ESG and E parameters. Within family firms, FBGFs perform better than the SFFs on S parameters. Our analysis urges the policymakers to create awareness, provide a roadmap, nudge the family firms, and promote action toward being ESG-conscious.

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https://doi.org/https://doi.org/10.1177/02560909241309521

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@article{nupur2025,
  title        = {{Inaction is Not an Option: ESG and Family Firms}},
  author       = {Nupur Pavan Bang & Kavil Ramachandran},
  journal      = {Vikalpa},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1177/02560909241309521},
}

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Inaction is Not an Option: ESG and Family Firms

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Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.16 × 0.4 = 0.06
M · momentum0.53 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.