Philanthropy in family enterprises: A review of literature

Botero & Feliu conducted a systematic review of 55 publications (1988–2014) on philanthropy within family enterprises. They identify key drivers, such as social-emotional wealth (SEW) values, and common philanthropic vehicles, like family foundations. The review also examines various outcomes, including legacy building, identity formation, and social impact. The authors note the fragmented nature of existing research and propose future directions, emphasizing the need for more studies on governance structures and the increasing hybridity in philanthropic practice within family businesses.