In the original version of the article, the entries in the sixteenth row of Tables 5, 6, 7 and 8 were incorrect. Main results D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Model (4) Lone-founder firms 0.003 − 0.009 − 0.010 − 0.010 (0.918) (0.772) (0.746) (0.743) Financial leverage 0.067 0.068 0.075 0.075 (0.193) (0.186) (0.142) (0.146) Cash flows − 0.143 − 0.142 − 0.135 − 0.131 (0.140) (0.145) (0.166) (0.178) Sales growth − 0.093 − 0.092 − 0.089 − 0.091 (0.013) (0.013) (0.016) (0.015) Intangibles − 0.065 − 0.063 − 0.060 − 0.057 (0.340) (0.351) (0.381) (0.400) R&D intensity 0.326 0.313 0.323 0.337 (0.436) (0.454) (0.440) (0.420) Firm size 0.061 0.060 0.059 0.060 (0.000) (0.000) (0.000) (0.000) Firm age 0.058 0.058 0.058 0.056 (0.049) (0.052) (0.052) (0.057) HHI − 0.681 − 0.678 − 0.672 − 0.673 (0.009) (0.009) (0.010) (0.010) Family-owned-managed firms H1a 0.041 0.041 − 0.355 (0.190) (0.187) (0.290) Family-owned firms H1b 0.055 0.055 0.296 (0.048) (0.045) (0.237) Country SDG 7 0.010 0.010 (0.008) (0.007) Family-owned-managed firms × Country SDG 7 H2 0.005 (0.240) Family-owned firms × Country SDG 7 H2 − 0.003 (0.339) Firm FE Yes Yes Yes Yes Industry FE Yes Yes Yes Yes Country FE Yes Yes Yes Yes Time FE Yes Yes Yes Yes Constant − 1.639 − 1.636 − 2.297 − 2.324 (0.000) (0.000) (0.000) (0.000) Adjusted R2 − 0.050 − 0.050 − 0.050 − 0.050 This table shows the coefficients and p-values (in parentheses) of the linear fixed-effects regressions. N = 22,456 Alternative proxies of family firm and country SDGs D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Model (4) Alternative proxies of family firms Alternative proxy of country SDGs Family-owned-managed firmsalt 0.059 − 0.087 (0.107) (0.821) Family-owned firmsalt 0.070 0.527 (0.091) (0.077) Country SDG 7 0.009 0.010 (0.212) (0.007) Family-owned-managed firmsalt × Country SDG 7 0.002 (0.705) Family-owned firmsalt × Country SDG 7 − 0.006 (0.124) Family-owned-managed firms 0.040 0.117 (0.203) (0.734) Family-owned firms 0.060 0.397 (0.031) (0.129) Country SDGs 0.033 0.034 (0.000) (0.000) Family-owned-managed firms × Country SDGs -0.001 (0.815) Family-owned firms × Country SDGs -0.005 (0.194) Controls Yes Yes Yes Yes Firm FE Yes Yes Yes Yes Industry FE Yes Yes Yes Yes Country FE Yes Yes Yes Yes Time FE Yes Yes Yes Yes Constant − 2.261 − 2.301 − 3.904 − 3.960 (0.000) (0.000) (0.000) (0.000) Adjusted R2 − 0.050 − 0.050 − 0.049 − 0.049 This table presents the coefficients and p-values (in parentheses) of the linear fixed-effects regressions. N = 22,456. Family-owned-managed firms alt is a dummy variable equal to 1 for firms with family ownership above 10% and family members serving on the board of directors, 0 otherwise. Family-owned firms alt is a dummy variable equal to 1 for firms with family ownership above 10% and no family members serving on the board of directors, 0 otherwise. Country SDGs is a continuous variable capturing the extent to which the country made progress toward the SDG goals (Sachs et al. 2022) Controlling for the delayed effects of country-level SDG 7 progress D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Model (4) Family-owned-managed firms 0.042 -0.369 0.035 -0.320 (0.188) (0.265) (0.275) (0.338) Family-owned firms 0.056 0.189 0.059 0.142 (0.047) (0.442) (0.043) (0.567) Country SDG 7t-1 0.006 0.006 (0.097) (0.098) Family-owned-managed firms × Country SDG 7t-1 0.006 (0.216) Family-owned firms × Country SDG 7t-1 -0.002 (0.593) Country SDG 7t-2 0.006 0.007 (0.114) (0.119) Family-owned-managed firms × Country SDG 7t-2 0.005 (0.287) Family-owned firms × Country SDG 7t-2 -0.001 (0.742) Controls Yes Yes Yes Yes Firm FE Yes Yes Yes Yes Industry FE Yes Yes Yes Yes Country FE Yes Yes Yes Yes Time FE Yes Yes Yes Yes Constant − 2.198 − 2.213 − 2.499 − 2.514 (0.000) (0.000) (0.000) (0.000) Observations 20,568 20,568 18,551 18,551 Adjusted R2 − 0.097 − 0.097 − 0.104 − 0.104 This table presents the coefficients and p-values (in parentheses) of the linear fixed-effects regressions Controlling for generational differences among family firms D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Family-owned-managed firms 0.041 − 0.084 0.141 (0.187) (0.547) (0.933) Family-owned firms 0.055 0.007 0.405 (0.045) (0.955) (0.699) Country SDG 7 0.010 0.009 0.032 (0.008) (0.009) (0.001) Firm age 0.058 0.056 0.485 (0.052) (0.062) (0.004) Family-owned-managed firms × Firm age 0.036 − 0.135 (0.358) (0.785) Family-owned firms × Firm age 0.013 − 0.026 (0.689) (0.929) Family-owned-managed firms × Country SDG 7 − 0.003 (0.907) Family-owned firms × Country SDG 7 − 0.006 (0.697) Country SDG 7 × Firm age − 0.006 (0.010) Family-owned-managed firms × Country SDG 7 × Firm age 0.002 (0.741) Family-owned firms × Country SDG 7 × Firm age 0.001 (0.886) Controls Yes Yes Yes Firm FE Yes Yes Yes Industry FE Yes Yes Yes Country FE Yes Yes Yes Time FE Yes Yes Yes Constant − 2.297 − 2.277 − 3.815 (0.000) (0.000) (0.000) Adjusted R2 − 0.050 − 0.050 − 0.050 This table presents the coefficients and p-values (in parentheses) of the linear fixed-effects regressions. N = 22,456 But should have been Main results D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Model (4) Lone-founder firms 0.003 − 0.009 − 0.010 − 0.010 (0.918) (0.772) (0.746) (0.743) Financial leverage 0.067 0.068 0.075 0.075 (0.193) (0.186) (0.142) (0.146) Cash flows − 0.143 − 0.142 − 0.135 − 0.131 (0.140) (0.145) (0.166) (0.178) Sales growth − 0.093 − 0.092 − 0.089 − 0.091 (0.013) (0.013) (0.016) (0.015) Intangibles − 0.065 − 0.063 − 0.060 − 0.057 (0.340) (0.351) (0.381) (0.400) R&D intensity 0.326 0.313 0.323 0.337 (0.436) (0.454) (0.440) (0.420) Firm size 0.061 0.060 0.059 0.060 (0.000) (0.000) (0.000) (0.000) Firm age 0.058 0.058 0.058 0.056 (0.049) (0.052) (0.052) (0.057) HHI − 0.681 − 0.678 − 0.672 − 0.673 (0.009) (0.009) (0.010) (0.010) Family-owned-managed firms H1a 0.041 0.041 − 0.355 (0.190) (0.187) (0.290) Family-owned firms H1b 0.055 0.055 0.296 (0.048) (0.045) (0.237) Country SDG 7 0.010 0.010 (0.008) (0.007) Family-owned-managed firms x Country SDG 7 H2 0.005 (0.240) Family-owned firms x Country SDG 7 H2 − 0.003 (0.339) Firm FE Yes Yes Yes Yes Industry FE Yes Yes Yes Yes Country FE Yes Yes Yes Yes Time FE Yes Yes Yes Yes Constant − 1.639 − 1.636 − 2.297 − 2.324 (0.000) (0.000) (0.000) (0.000) Adjusted R2 − 0.050 − 0.050 − 0.050 − 0.050 This table shows the coefficients and p-values (in parentheses) of the linear fixed-effects regressions. N = 22,456 Alternative proxies of family firm and country SDGs D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Model (4) Alternative proxies of family firms Alternative proxy of country SDGs Family-owned-managed firms alt 0.059 − 0.087 (0.107) (0.821) Family-owned firms alt 0.070 0.527 (0.091) (0.077) Country SDG 7 0.009 0.010 (0.212) (0.007) Family-owned-managed firms alt x Country SDG 7 0.002 (0.705) Family-owned firms alt x Country SDG 7 − 0.006 (0.124) Family-owned-managed firms 0.040 0.117 (0.203) (0.734) Family-owned firms 0.060 0.397 (0.031) (0.129) Country SDGs 0.033 0.034 (0.000) (0.000) Family-owned-managed firms x Country SDGs − 0.001 (0.815) Family-owned firms x Country SDGs − 0.005 (0.194) Controls Yes Yes Yes Yes Firm FE Yes Yes Yes Yes Industry FE Yes Yes Yes Yes Country FE Yes Yes Yes Yes Time FE Yes Yes Yes Yes Constant − 2.261 − 2.301 − 3.904 − 3.960 (0.000) (0.000) (0.000) (0.000) Adjusted R2 − 0.050 − − 0.050 − 0.049 − 0.049 This table presents the coefficients and p-values (in parentheses) of the linear fixed-effects regressions. N = 22,456. Family-owned-managed firms alt is a dummy variable equal to 1 for firms with family ownership above 10% and family members serving on the board of directors, 0 otherwise. Family-owned firms alt is a dummy variable equal to 1 for firms with family ownership above 10% and no family members serving on the board of directors, 0 otherwise. Country SDGs is a continuous variable capturing the extent to which the country made progress toward the SDG goals (Sachs et al. 2022) Controlling for the delayed effects of country-level SDG 7 progress D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Model (4) Family-owned-managed firms 0.042 − 0.369 0.035 − 0.320 (0.188) (0.265) (0.275) (0.338) Family-owned firms 0.056 0.189 0.059 0.142 (0.047) (0.442) (0.043) (0.567) Country SDG 7 t-1 0.006 0.006 (0.097) (0.098) Family-owned-managed firms x Country SDG 7 t-1 0.006 (0.216) Family-owned firms x Country SDG 7 t-1 − 0.002 (0.593) Country SDG 7 t-2 0.006 0.007 (0.114) (0.119) Family-owned-managed firms x Country SDG 7 t-2 0.005 (0.287) Family-owned firms x Country SDG 7 t-2 − 0.001 (0.742) Controls Yes Yes Yes Yes Firm FE Yes Yes Yes Yes Industry FE Yes Yes Yes Yes Country FE Yes Yes Yes Yes Time FE Yes Yes Yes Yes Constant − 2.198 − 2.213 − 2.499 − 2.514 (0.000) (0.000) (0.000) (0.000) Observations 20,568 20,568 18,551 18,551 Adjusted R2 − 0.097 − 0.097 − 0.104 − 0.104 This table presents the coefficients and p-values (in parentheses) of the linear fixed-effects regressions Controlling for generational differences among family firms D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Family-owned-managed firms 0.041 − 0.084 0.141 (0.187) (0.547) (0.933) Family-owned firms 0.055 0.007 0.405 (0.045) (0.955) (0.699) Country SDG 7 0.010 0.009 0.032 (0.008) (0.009) (0.001) Firm age 0.058 0.056 0.485 (0.052) (0.062) (0.004) Family-owned-managed firms x Firm age 0.036 − 0.135 (0.358) (0.785) Family-owned firms x Firm age 0.013 − 0.026 (0.689) (0.929) Family-owned-managed firms x Country SDG 7 − 0.003 (0.907) Family-owned firms x Country SDG 7 − 0.006 (0.697) Country SDG 7 × Firm age − 0.006 (0.010) Family-owned-managed firms x Country SDG 7 × Firm age 0.002 (0.741) Family-owned firms x Country SDG 7 × Firm age 0.001 (0.886) Controls Yes Yes Yes Firm FE Yes Yes Yes Industry FE Yes Yes Yes Country FE Yes Yes Yes Time FE Yes Yes Yes Constant − 2.297 − 2.277 − 3.815 (0.000) (0.000) (0.000) Adjusted R2 − 0.050 − 0.050 − 0.050 This table presents the coefficients and p-values (in parentheses) of the linear fixed-effects regressions. N = 22,456 The original article has been corrected.
Correction: Family firms and sustainable development goals: the role of ownership, management, and country progress (Review of Managerial Science, (2025), 10.1007/s11846-025-00960-4)
De Massis A.
2026-01-01
Abstract
In the original version of the article, the entries in the sixteenth row of Tables 5, 6, 7 and 8 were incorrect. Main results D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Model (4) Lone-founder firms 0.003 − 0.009 − 0.010 − 0.010 (0.918) (0.772) (0.746) (0.743) Financial leverage 0.067 0.068 0.075 0.075 (0.193) (0.186) (0.142) (0.146) Cash flows − 0.143 − 0.142 − 0.135 − 0.131 (0.140) (0.145) (0.166) (0.178) Sales growth − 0.093 − 0.092 − 0.089 − 0.091 (0.013) (0.013) (0.016) (0.015) Intangibles − 0.065 − 0.063 − 0.060 − 0.057 (0.340) (0.351) (0.381) (0.400) R&D intensity 0.326 0.313 0.323 0.337 (0.436) (0.454) (0.440) (0.420) Firm size 0.061 0.060 0.059 0.060 (0.000) (0.000) (0.000) (0.000) Firm age 0.058 0.058 0.058 0.056 (0.049) (0.052) (0.052) (0.057) HHI − 0.681 − 0.678 − 0.672 − 0.673 (0.009) (0.009) (0.010) (0.010) Family-owned-managed firms H1a 0.041 0.041 − 0.355 (0.190) (0.187) (0.290) Family-owned firms H1b 0.055 0.055 0.296 (0.048) (0.045) (0.237) Country SDG 7 0.010 0.010 (0.008) (0.007) Family-owned-managed firms × Country SDG 7 H2 0.005 (0.240) Family-owned firms × Country SDG 7 H2 − 0.003 (0.339) Firm FE Yes Yes Yes Yes Industry FE Yes Yes Yes Yes Country FE Yes Yes Yes Yes Time FE Yes Yes Yes Yes Constant − 1.639 − 1.636 − 2.297 − 2.324 (0.000) (0.000) (0.000) (0.000) Adjusted R2 − 0.050 − 0.050 − 0.050 − 0.050 This table shows the coefficients and p-values (in parentheses) of the linear fixed-effects regressions. N = 22,456 Alternative proxies of family firm and country SDGs D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Model (4) Alternative proxies of family firms Alternative proxy of country SDGs Family-owned-managed firmsalt 0.059 − 0.087 (0.107) (0.821) Family-owned firmsalt 0.070 0.527 (0.091) (0.077) Country SDG 7 0.009 0.010 (0.212) (0.007) Family-owned-managed firmsalt × Country SDG 7 0.002 (0.705) Family-owned firmsalt × Country SDG 7 − 0.006 (0.124) Family-owned-managed firms 0.040 0.117 (0.203) (0.734) Family-owned firms 0.060 0.397 (0.031) (0.129) Country SDGs 0.033 0.034 (0.000) (0.000) Family-owned-managed firms × Country SDGs -0.001 (0.815) Family-owned firms × Country SDGs -0.005 (0.194) Controls Yes Yes Yes Yes Firm FE Yes Yes Yes Yes Industry FE Yes Yes Yes Yes Country FE Yes Yes Yes Yes Time FE Yes Yes Yes Yes Constant − 2.261 − 2.301 − 3.904 − 3.960 (0.000) (0.000) (0.000) (0.000) Adjusted R2 − 0.050 − 0.050 − 0.049 − 0.049 This table presents the coefficients and p-values (in parentheses) of the linear fixed-effects regressions. N = 22,456. Family-owned-managed firms alt is a dummy variable equal to 1 for firms with family ownership above 10% and family members serving on the board of directors, 0 otherwise. Family-owned firms alt is a dummy variable equal to 1 for firms with family ownership above 10% and no family members serving on the board of directors, 0 otherwise. Country SDGs is a continuous variable capturing the extent to which the country made progress toward the SDG goals (Sachs et al. 2022) Controlling for the delayed effects of country-level SDG 7 progress D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Model (4) Family-owned-managed firms 0.042 -0.369 0.035 -0.320 (0.188) (0.265) (0.275) (0.338) Family-owned firms 0.056 0.189 0.059 0.142 (0.047) (0.442) (0.043) (0.567) Country SDG 7t-1 0.006 0.006 (0.097) (0.098) Family-owned-managed firms × Country SDG 7t-1 0.006 (0.216) Family-owned firms × Country SDG 7t-1 -0.002 (0.593) Country SDG 7t-2 0.006 0.007 (0.114) (0.119) Family-owned-managed firms × Country SDG 7t-2 0.005 (0.287) Family-owned firms × Country SDG 7t-2 -0.001 (0.742) Controls Yes Yes Yes Yes Firm FE Yes Yes Yes Yes Industry FE Yes Yes Yes Yes Country FE Yes Yes Yes Yes Time FE Yes Yes Yes Yes Constant − 2.198 − 2.213 − 2.499 − 2.514 (0.000) (0.000) (0.000) (0.000) Observations 20,568 20,568 18,551 18,551 Adjusted R2 − 0.097 − 0.097 − 0.104 − 0.104 This table presents the coefficients and p-values (in parentheses) of the linear fixed-effects regressions Controlling for generational differences among family firms D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Family-owned-managed firms 0.041 − 0.084 0.141 (0.187) (0.547) (0.933) Family-owned firms 0.055 0.007 0.405 (0.045) (0.955) (0.699) Country SDG 7 0.010 0.009 0.032 (0.008) (0.009) (0.001) Firm age 0.058 0.056 0.485 (0.052) (0.062) (0.004) Family-owned-managed firms × Firm age 0.036 − 0.135 (0.358) (0.785) Family-owned firms × Firm age 0.013 − 0.026 (0.689) (0.929) Family-owned-managed firms × Country SDG 7 − 0.003 (0.907) Family-owned firms × Country SDG 7 − 0.006 (0.697) Country SDG 7 × Firm age − 0.006 (0.010) Family-owned-managed firms × Country SDG 7 × Firm age 0.002 (0.741) Family-owned firms × Country SDG 7 × Firm age 0.001 (0.886) Controls Yes Yes Yes Firm FE Yes Yes Yes Industry FE Yes Yes Yes Country FE Yes Yes Yes Time FE Yes Yes Yes Constant − 2.297 − 2.277 − 3.815 (0.000) (0.000) (0.000) Adjusted R2 − 0.050 − 0.050 − 0.050 This table presents the coefficients and p-values (in parentheses) of the linear fixed-effects regressions. N = 22,456 But should have been Main results D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Model (4) Lone-founder firms 0.003 − 0.009 − 0.010 − 0.010 (0.918) (0.772) (0.746) (0.743) Financial leverage 0.067 0.068 0.075 0.075 (0.193) (0.186) (0.142) (0.146) Cash flows − 0.143 − 0.142 − 0.135 − 0.131 (0.140) (0.145) (0.166) (0.178) Sales growth − 0.093 − 0.092 − 0.089 − 0.091 (0.013) (0.013) (0.016) (0.015) Intangibles − 0.065 − 0.063 − 0.060 − 0.057 (0.340) (0.351) (0.381) (0.400) R&D intensity 0.326 0.313 0.323 0.337 (0.436) (0.454) (0.440) (0.420) Firm size 0.061 0.060 0.059 0.060 (0.000) (0.000) (0.000) (0.000) Firm age 0.058 0.058 0.058 0.056 (0.049) (0.052) (0.052) (0.057) HHI − 0.681 − 0.678 − 0.672 − 0.673 (0.009) (0.009) (0.010) (0.010) Family-owned-managed firms H1a 0.041 0.041 − 0.355 (0.190) (0.187) (0.290) Family-owned firms H1b 0.055 0.055 0.296 (0.048) (0.045) (0.237) Country SDG 7 0.010 0.010 (0.008) (0.007) Family-owned-managed firms x Country SDG 7 H2 0.005 (0.240) Family-owned firms x Country SDG 7 H2 − 0.003 (0.339) Firm FE Yes Yes Yes Yes Industry FE Yes Yes Yes Yes Country FE Yes Yes Yes Yes Time FE Yes Yes Yes Yes Constant − 1.639 − 1.636 − 2.297 − 2.324 (0.000) (0.000) (0.000) (0.000) Adjusted R2 − 0.050 − 0.050 − 0.050 − 0.050 This table shows the coefficients and p-values (in parentheses) of the linear fixed-effects regressions. N = 22,456 Alternative proxies of family firm and country SDGs D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Model (4) Alternative proxies of family firms Alternative proxy of country SDGs Family-owned-managed firms alt 0.059 − 0.087 (0.107) (0.821) Family-owned firms alt 0.070 0.527 (0.091) (0.077) Country SDG 7 0.009 0.010 (0.212) (0.007) Family-owned-managed firms alt x Country SDG 7 0.002 (0.705) Family-owned firms alt x Country SDG 7 − 0.006 (0.124) Family-owned-managed firms 0.040 0.117 (0.203) (0.734) Family-owned firms 0.060 0.397 (0.031) (0.129) Country SDGs 0.033 0.034 (0.000) (0.000) Family-owned-managed firms x Country SDGs − 0.001 (0.815) Family-owned firms x Country SDGs − 0.005 (0.194) Controls Yes Yes Yes Yes Firm FE Yes Yes Yes Yes Industry FE Yes Yes Yes Yes Country FE Yes Yes Yes Yes Time FE Yes Yes Yes Yes Constant − 2.261 − 2.301 − 3.904 − 3.960 (0.000) (0.000) (0.000) (0.000) Adjusted R2 − 0.050 − − 0.050 − 0.049 − 0.049 This table presents the coefficients and p-values (in parentheses) of the linear fixed-effects regressions. N = 22,456. Family-owned-managed firms alt is a dummy variable equal to 1 for firms with family ownership above 10% and family members serving on the board of directors, 0 otherwise. Family-owned firms alt is a dummy variable equal to 1 for firms with family ownership above 10% and no family members serving on the board of directors, 0 otherwise. Country SDGs is a continuous variable capturing the extent to which the country made progress toward the SDG goals (Sachs et al. 2022) Controlling for the delayed effects of country-level SDG 7 progress D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Model (4) Family-owned-managed firms 0.042 − 0.369 0.035 − 0.320 (0.188) (0.265) (0.275) (0.338) Family-owned firms 0.056 0.189 0.059 0.142 (0.047) (0.442) (0.043) (0.567) Country SDG 7 t-1 0.006 0.006 (0.097) (0.098) Family-owned-managed firms x Country SDG 7 t-1 0.006 (0.216) Family-owned firms x Country SDG 7 t-1 − 0.002 (0.593) Country SDG 7 t-2 0.006 0.007 (0.114) (0.119) Family-owned-managed firms x Country SDG 7 t-2 0.005 (0.287) Family-owned firms x Country SDG 7 t-2 − 0.001 (0.742) Controls Yes Yes Yes Yes Firm FE Yes Yes Yes Yes Industry FE Yes Yes Yes Yes Country FE Yes Yes Yes Yes Time FE Yes Yes Yes Yes Constant − 2.198 − 2.213 − 2.499 − 2.514 (0.000) (0.000) (0.000) (0.000) Observations 20,568 20,568 18,551 18,551 Adjusted R2 − 0.097 − 0.097 − 0.104 − 0.104 This table presents the coefficients and p-values (in parentheses) of the linear fixed-effects regressions Controlling for generational differences among family firms D.V.: Firm SDG 7 Model (1) Model (2) Model (3) Family-owned-managed firms 0.041 − 0.084 0.141 (0.187) (0.547) (0.933) Family-owned firms 0.055 0.007 0.405 (0.045) (0.955) (0.699) Country SDG 7 0.010 0.009 0.032 (0.008) (0.009) (0.001) Firm age 0.058 0.056 0.485 (0.052) (0.062) (0.004) Family-owned-managed firms x Firm age 0.036 − 0.135 (0.358) (0.785) Family-owned firms x Firm age 0.013 − 0.026 (0.689) (0.929) Family-owned-managed firms x Country SDG 7 − 0.003 (0.907) Family-owned firms x Country SDG 7 − 0.006 (0.697) Country SDG 7 × Firm age − 0.006 (0.010) Family-owned-managed firms x Country SDG 7 × Firm age 0.002 (0.741) Family-owned firms x Country SDG 7 × Firm age 0.001 (0.886) Controls Yes Yes Yes Firm FE Yes Yes Yes Industry FE Yes Yes Yes Country FE Yes Yes Yes Time FE Yes Yes Yes Constant − 2.297 − 2.277 − 3.815 (0.000) (0.000) (0.000) Adjusted R2 − 0.050 − 0.050 − 0.050 This table presents the coefficients and p-values (in parentheses) of the linear fixed-effects regressions. N = 22,456 The original article has been corrected.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
