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What is Causality (in the Sense of Granger)

Chapter 14
Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business
Informative capacity of a variable in the prediction of the behavior of another variable of interest. That is, the variable X causes Y if the prediction of Y improves taking into account the information available in X that is not contained in any other variable.
Published in Chapter:
Reputational Transfer Between the Leader and His Corporation in Spain: Does the Family Matter?
María-Jesús Moreno-Domínguez (University of Huelva, Spain), María-Pilar Martín-Zamora (University of Huelva, Spain), and Lázaro Rodríguez-Ariza (University of Granada, Spain)
Copyright: © 2019 |Pages: 31
DOI: 10.4018/978-1-5225-8012-6.ch014
Abstract
The main purpose of this chapter is the study of the reputational transfer between the leader and the company he leads, analyzing whether the mentioned process is conditioned by the presence of a family in the ownership and/or management of the company. Using the information published by the Spanish Monitor of Corporate Reputation (MERCO) for the period between 2001 and 2017, different econometric models have been formulated with panel data that show that the reputation of the leader of the family firms is transferred to the corporate reputation faster than when the company does not have the condition of a family business. In addition, it has been researched if the reputation of the leader is nourished by the corporate reputation, and the results show a link in that sense, without being conditioned by the family nature of the company.
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