Sustainability & Gender- Intricacies in Family Firms

Abstract:

Family firms have a significant impact on macroeconomic variables and play a prevalent role in the global economy, representing the majority of business enterprises and contributing a substantial portion of the global Gross Domestic Product. The sustainability of family firms is crucial not only for the firms themselves but also for society. Family firms have been successful in embracing stakeholder concerns and investing in environmentally friendly practices, promoting sustainable development. Gender issues and gender equality have gained increasing attention, including within family firms, challenging traditional male dominance and advocating for greater diversity and inclusivity. However, research on the intersection of gender and sustainability in family firms remains fragmented. This paper aims to address this gap by presenting ongoing research that explores the dynamics of gender and sustainability in family firms, contributing to the development of knowledge in the field and supporting the sustainability and success of such firms. The paper details the methodology, presents review findings, and suggests future avenues of research, to gain a more comprehensive understanding of the intricacies of gender in the family firm sustainability context.