• Seminar #22 – June 16, 2021

    Non-Transparent Yet Credible?

    The Role of Family Owners
    on Sustainability Reporting

    Josh Wei-Jun Hsueh
    Melanie Richards

    date: June 16, 2021

    time: 12:00-13:00 (CET)

    location: Zoom (private event)

    ABSTRACT – The success of a firm’s sustainability report depends on whether stakeholders perceive it as credible. Managing transparency is of strategic importance in this context because it enhances credibility. To improve transparency, firms can seek external sustainability assurance. This article looks at how family ownership influences such assurance decisions. Our quantitative analysis reveals that family firms are less likely to adopt sustainability assurance because they feel confident that they are signaling information credibility. However, our qualitative analysis reveals that external stakeholders are critical of family ownership and suggests steps to improve the stakeholder inclusiveness, accuracy, balance, and comparability of reporting.

    PRESENTER – University of St. Gallen (Switzerland), Center for Family Business CFB-HSG

    HOST – Università Cattaneo LIUC (Italy), FABULA Family Business Lab

    DISCUSSANT – Tel Aviv University (Israel), Raya Strauss Center for Family Firm Research


    Josh Wei-Jun Hsueh

    Assistant Professor