Family Businesses Transitioning to a Circular Economy Model: The Case of “Mercadona”
Metadatos
Mostrar el registro completo del ítemAutor
Núñez-Cacho, Pedro; Molina Moreno, Valentín; Corpas Iglesias, Francisco A.; Cortés-García, Francisco JoaquínEditorial
MDPI
Materia
Circular Economy Sustainability Family business Model Case study Mercadona
Fecha
2018-02-17Referencia bibliográfica
Núñez-Cacho, P. Family Businesses Transitioning to a Circular Economy Model: The Case of “Mercadona”. Sustainability 2018, 10, 538. [doi: 10.3390/su10020538]
Patrocinador
Research Group SEJ 232 Direction and Organization for Competitiveness. Jaen University. Research Group SEJ 478 Advanced Research in Business Addressing. Granada University.Resumen
Sustainability addresses environmental and social issues affecting this and future
generations. When family businesses perceive that the community is disrupted, recognize an
environmental problem and respond by implementing new environmental policies or regulations,
the family business’s socio-emotional values press to transition to a more sustainable production
system, such as the ‘Circular Economy.’ Drawing on the Dubin (1978) methodology—a paradigm for
building models through deduction—we design a sustainable model, which shows family businesses’
responses to changes in the environment. It explains the reasons why family firms transition to
the Circular Economy, based on the theory of Socio-EmotionalWealth (SEW).We check the model
through the case study of the food retail leader in the Spanish market—Mercadona—which applies
policies about energy, resources and waste to become a Circular Economy business model. Because
of the strong family character of Mercadona, this case can be useful for the decision-making of other
family businesses.