Abstract:

Family firms are the dominant form of business in the economies of the world. Depending on the definition adopted, their participation in the market is estimated at 15-70% of all businesses in the U.S. and the EU with a share of GDP ranging from 12 to 49%. In Poland, the family business has become an interesting research topic, especially after over 25 years of existence in the economy. The prevailing assumption is that a family business, due to a presumed long term relationship, embedded community orientation and shared vision, would be naturally ethical and socially responsible. This kind of business may have unique perspectives of socially responsible behavior due to the family involvement and ties to the community and their commitment to uphold the business.