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© 2021 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.

Abstract

The purpose of this study was to analyze the #Damos La Cara (“Let’s show our face”) initiative, which is an initiative promoted by the Instituto de la Empresa Familiar, the most representative organization of family businesses in Spain. This analysis allowed us to characterize the Spanish family business and to analyze their reactions and interventions in the face of the crisis posed by COVID-19 from the perspective of CSR. The methodology used consisted of a content analysis, viewing 127 videos wherein family members presented their companies and the activities carried out to improve their relations with their employees and their environment. The conclusions reached allowed us to affirm that they were mostly second- and third-generation companies from the manufacturing sector; the most repeated actions were social commitment to their workers (internal) and the donation of medical materials (corporate). To the best of our knowledge, this was the first time that an analysis of these characteristics had been carried out in the field of family businesses. This analysis showed the intense philanthropic activity carried out by Spanish family businesses, not only in emergencies but also as a regular activity and as a consequence of their values and long-term vision.

Details

Title
Does COVID-19 Change CSR? A Family Business Perspective
Author
Rivo-López, Elena 1   VIAFID ORCID Logo  ; Villanueva-Villar, Mónica 2 ; Novoa-Santos, Sofía 3 ; Doval-Ruiz, María Isabel 4   VIAFID ORCID Logo 

 Department of Business Organization and Marketing, Faculty of Business and Tourism, Universidade de Vigo, 32004 Ourense, Spain 
 Department of Financial Economics and Accounting, Faculty of Business and Tourism, Universidade de Vigo, 32004 Ourense, Spain; [email protected] 
 Independent Researcher, 32004 Ourense, Spain; [email protected] 
 Department of Didactics Scholar Organisation and Research Methods, Faculty of Educational Sciences and Social Work, Universidade de Vigo, 32004 Ourense, Spain; [email protected] 
First page
13954
Publication year
2021
Publication date
2021
Publisher
MDPI AG
e-ISSN
20711050
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2612858325
Copyright
© 2021 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.