Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Family Business’s Transitioning to Circular Economy Model: The Case of “Mercadona”

Pedro Nuñez-Cacho
* ORCID logo ,
Valentín Molina-Moreno
ORCID logo ,
Francisco A. Corpas-Iglesias
ORCID logo ,
Francisco J. Cortés-García
Version 1 : Received: 19 December 2017 / Approved: 20 December 2017 / Online: 20 December 2017 (12:14:27 CET)
Version 2 : Received: 29 January 2018 / Approved: 22 February 2018 / Online: 22 February 2018 (10:33:56 CET)

A peer-reviewed article of this Preprint also exists.

Núñez-Cacho, P.; Molina-Moreno, V.; Corpas-Iglesias, F.A.; Cortés-García, F.J. Family Businesses Transitioning to a Circular Economy Model: The Case of “Mercadona”. Sustainability 2018, 10, 538. Núñez-Cacho, P.; Molina-Moreno, V.; Corpas-Iglesias, F.A.; Cortés-García, F.J. Family Businesses Transitioning to a Circular Economy Model: The Case of “Mercadona”. Sustainability 2018, 10, 538.

Abstract

Sustainability addresses environmental and social issues affecting this and future generations. When family businesses perceive that the community is disrupted, recognizes an environmental problem and responds 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, we design a sustainable model, which shows family businesses’ response to changes in the environment. It explains the reasons why family businesses transition to Circular Economy, based on the theory of Socio-Emotional Wealth. We check the model through the case study of the food retail leader in Spanish market, Mercadona that applies policies about energy, resources and waste to became a circular economy business model.

Keywords

circular economy; sustainability; family business; model; case study; mercadona

Subject

Business, Economics and Management, Business and Management

Copyright: This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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