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The impact of managers' personality on task and relationship conflict: The moderating role of family and non-family business status J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2024-02-08 Maria Bernarda Guerrero Calle, Katalien Bollen, Dolores Sucozhañay, Martin Euwema
When it comes to organizational conflict in (small) family businesses, managers’ personality has received little attention. We investigated the relationship between managers’ personality traits (Big Five) and their perceptions of task conflict and relationship conflict in two types of firms (family vs. non-family business). We collected data from 103 managers in small firms (56 family firms and 47
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What makes Latin American family firms different? Moving beyond cross-cultural comparisons J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2024-01-19 Pedro Vazquez, Isabel C. Botero, Unai Arzubiaga, Esra Memili
This editorial introduces the special issue on “Family Business in Latin America”. We argue that the cultural context plays an important role as a source of heterogeneity of family firms. Thus, in this introductory piece, we describe the Latin American cultural context and explain how and why it creates a unique environment that requires family firms to behave differently. We build on past research
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Capital structure of single family office-owned firms J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-11-18 Joern Block, Reza Fathollahi, Onur Eroglu
Single family offices (SFOs) manage trillions of dollars worldwide. The enormous value of assets under management highlights their key role as a cohesive wealth management tool globally. Despite the increasing relevance of SFOs, research on SFOs is still in its early stages. Particularly little is known about the capital structure of the firms owned by SFOs. By drawing on a hand-collected sample of
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The role of emotional labor and display latitude in preserving socioemotional wealth in family businesses J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-11-10 Ayoosha Saleem, Francesco Barbera, Simon B. de Jong, Arvid O.I. Hoffmann
Research on emotions is gaining momentum in the family business literature. However, the literature remains unclear on the psychological foundations of how managing one’s emotions can contribute to socioemotional wealth goals in a family business. We contribute to the study on emotions in the family business literature by linking the ‘Socioemotional Wealth’ (hereafter ‘SEW’) perspective with the ‘Emotional
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Stop... Just stop! The use and misuse of methodological template prescriptions in qualitative family business research and ways forward J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-11-08 Tine Köhler, Anne D. Smith, Torsten M. Pieper
Qualitative research can offer meaningful insights into the complexities of family businesses and inspire and inform theory development in family business as well as other fields. Unlike in quantitative approaches, there are no general standards for conducting and reporting qualitative research. In lieu of such standards, following templates in previously published papers has become a popular means
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Unmasking nonfamily employees’ complex contribution to family business performance: A place identity theory approach J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-09-19 Josep Llach, Valeriano Sanchez-Famoso, Sharon M. Danes
The study purpose is to understand the nature and functioning of workplace identity verification of nonfamily employees in family firms as it affects financial and innovation performance of the family firm under the umbrella of Place Identity Theory. Creating a productive employee workplace environment involves verifying elements of a workplace identity meaning set composed of firm identification,
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Modeling the effect of continuity and change as paradoxical forces in the inter-generational transition process of family businesses J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-08-30 Carole Serhan, Rami Nader, William Gereige
Continuity and change are typically considered as two antithetical concepts, and their coexistence would seem paradoxical. The dilemma for family businesses undergoing inter-generational transition is how to balance these two paradoxical factors - i.e., continuity and change, especially as leadership transitions from senior generations endowed with a bundle of rituals to junior ones. A qualitative
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Trapped in a “golden cage”! The legitimation of women leadership in family business J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-08-28 Andrea Calabrò, Elisa Conti, Stefania Masè
In family businesses, women who belong to the owning family are increasingly appointed to leadership positions. Nevertheless, their managerial roles do not overlap well with their multiple family roles and family expectations, and they are often trapped in a “golden cage.” Drawing on a multilevel view of legitimacy, we analyze twenty-one in-depth interviews with CEOs, managing directors, and cofounders
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Bringing context to the foreground: Explaining the early-stage career development of next-generation family business members J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-08-26 Hasirumane Venkatesh Mukesh, Ajay Bailey
This study employs an interpretive grounded theory approach to explore how family contexts shape the early-stage career development of next-generation family business members (next-gens) in succession and non-succession careers. Career theories suggest that early-stage career development is an outcome of individual–context interaction. However, the current literature on careers in a family business
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Reasons for internationalisation of family business J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-08-24 Guadalupe Fuentes-Lombardo, Valeriano Sanchez-Famoso, Myriam Cano-Rubio
Many businesses opt to expand internationally. The reasons for international expansion have been broadly addressed in existing literature and typically reflect economic or strategic objectives. However, a myriad of family objectives must also be considered in the case of family businesses. This paper aims to determine the motivations for family business internationalisation and their influence on international
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The continuance commitment of family firm CEOs J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-08-24 Nicole Gottschalck, Lisa Rolan, Franz W. Kellermanns
This study seeks to extend the classic socio-emotional and stewardship perspective on family CEOs with a complementary rational-economic perspective on their agentic behavior. To this end, using a sample of 103 top executives of U.S. family firms, we investigate the relationship between continuance commitment of family CEOs and their perceptions of family cohesion and discuss how this relationship
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Entrepreneurship in family firms: What’s next? Multilevel embeddedness and individuals’ cognition J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-08-11 Howard E. Aldrich, Sharon A. Alvarez, Mara Brumana, Giovanna Campopiano, Tommaso Minola
This special issue contributes to the literature on entrepreneurship in family firms by leveraging the family embeddedness perspective. In doing so, the papers of the special issue bridge entrepreneurship at firm level with analyses at the individual and the enterprising family levels. Starting from and extending such contributions, in this introductory article we offer a “multilevel” embeddedness
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Strategy disclosure and cost of capital: The key role of women directors for family firms J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-06-22 Rafaela Gjergji, Luigi Vena, Giovanna Campopiano, Salvatore Sciascia, Alessandro Cortesi
This paper investigates whether and to what extent strategy disclosure influences the cost of capital, comparing family and non-family firms and considering the proportion of women directors. We theorize that voluntary strategy disclosure may be either beneficial or detrimental depending on the perceptions by financial stakeholders about the role of governance attributes. These stakeholders might,
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CEO risk preferences in family firms: Combining socioemotional wealth and gender identity perspectives J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-04-21 Fabio Zona, Caterina Pesci, Marco Zamarian
Challenging the established notion that women at the top are consistently risk averse, this study combines insights from social identity and socioemotional wealth (SEW) perspectives to propose a novel view of risk preferences by women and men CEOs in family businesses. It reframes risk preferences as behavioral responses by gender and family (managerial) role expectations relative to social aspirations
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The influence of board social activity on firm performance J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-04-06 Cristina Bettinelli, Barbara Del Bosco, Richard J. Gentry, Clay Dibrell
This study investigates the relationship between board social activity (i.e., frequency of board meetings) and firm performance in publicly traded family and non-family firms, focusing on the moderating effects of family involvement (i.e., family ownership and at least one family member on the board of directors). Our investigation is based on a database of 172 family and non-family firms listed on
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Family businesses and debt maturity structure: Focusing on family involvement in governance to explain heterogeneity J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-04-06 Gianluca Ginesti, Mario Ossorio, Alexandra Dawson
Understanding family firms’ debt maturity structure is important because it plays a key role in making strategic decisions and mitigating agency conflicts. This study investigates the relationship between family involvement in governance and debt maturity structure in family firms by drawing on governance literature and insights from the socioemotional wealth perspective. Based on a sample of non-financial
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The role of the family and the institutional context for ambidexterity in Latin American family firms J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-04-05 Fernanda Canale, Claudio Müller, Eddy Laveren, Bart Cambré
Organizational ambidexterity —the ability to simultaneously engage in exploration and exploitation— is an important characteristic of firms that are interested in pursuing continuity. One of the prevalent goals of family firms is continuity. Thus, there is great interest in understanding ambidexterity and the factors that promote this behavior within family firms. Although there is some research that
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Board diversity in family firms across cultures: A contingency analysis on the effects of gender and tenure diversity on firm performance J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-04-05 Martin Tao-Schuchardt, Nadine Kammerlander
The initial work on family firm diversity research argued that family influence negatively moderates the board diversity–financial firm performance relationship, whereas more recent empirical evidence has suggested the opposite. Drawing on upper echelons theory, we investigate national culture (i.e., the degree of masculinity in the country of the firm) as a contingency factor influencing how tenure
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Through her eyes: How daughter successors perceive their fathers in shaping their entrepreneurial identity J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-04-05 Annalisa Sentuti, Francesca Maria Cesaroni, Paola Demartini
This study investigates how daughter successors perceive that their entrepreneurial identities have been influenced by their fathers. Drawing on narrative identity and identity work theories and adopting an inductive and interpretive approach, we analysed interviews with 21 daughters. The findings reveal that their perceptions of their fathers can influence their entrepreneurial identities in multiple
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Leaving the family business: The dynamics of psychological ownership J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-04-05 Ethel Brundin, Irene S. McClatchey, Leif Melin
This study challenges the current and dominant notion that psychological ownership is static by exploring its dynamic nature. It addresses how individual family business owners express their psychological ownership and how psychological ownership is impacted over time. Based on a longitudinal and qualitative study during a real-time exit, we conclude that family business owners assign meanings to their
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Socioemotional wealth in volatile, uncertain, complex, and ambiguous contexts: The case of family firms in Latin America and the Caribbean J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-02-08 Luis R. Gomez-Mejia, Anabel Mendoza-Lopez, Cristina Cruz, Patricio Duran, Herman Aguinis
The paradoxical nature of Latin America and the Caribbean (LAC) provides unique opportunities to advance management theory. Focusing on a dominant theoretical framework, Socioemotional Wealth (SEW), we argue that contextual features of LAC, namely the concept of extended family and the volatile, uncertain, complex, and ambiguous (VUCA) environment, make family businesses “SEW intensive” (i.e., high
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Corporate social performance of family firms and shareholder protection: An international analysis J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2023-02-03 Atiqa Rehman, Halit Gonenc, Niels Hermes
We study whether differences in shareholder protection by countries are important in explaining lower corporate social performance (CSP) of family firms vis-à-vis non-family firms. We create a dataset covering 46 countries for the period 2002–2016. Using a novel approach, we show that the difference in CSP of family firms relative to similar non-family firms is smaller when family firms experience
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Family agents J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-12-26 Valentino D’Angelo, Mario Daniele Amore, Alessandro Minichilli, Kelly Xing Chen, Angelo Maria Solarino
Several firms around the world are led by multiple CEOs. Our study investigates how co-CEOs affect corporate investment under different conditions of ownership and governance. We argue that while family firms may invest more parsimoniously than non-family firms, the presence of multiple family CEOs raises overinvestment due to a potential divergence of personal agendas. Our analysis confirms that co-CEOs
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Time for a group hug? Toward a theory of shared emotional leadership in and of family business J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-12-21 Craig L. Pearce, Jeffrey D. Houghton, Charles C. Manz, Pamela J. Dillon, Mel Fugate, Christina L. Wassenaar
Despite clear evidence that emotions, both individual- and group-level, matter in shaping family business processes and outcomes, there is a dearth of research on the importance of shared leadership of emotions, especially in the context of family business. Consequently, we seek to expand shared leadership theory to incorporate various aspects of emotions in the family business milieu. We introduce
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Socioemotional wealth and family firm performance: A meta-analytic integration J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-12-09 Jessenia Davila, Patricio Duran, Luis Gómez-Mejía, Maria J. Sanchez-Bueno
We study conflicting arguments and empirical findings of the socioemotional wealth (SEW)-family firm performance relationship using meta-analysis. We add to the debate by questioning: First, how do major managerial decisions (strategic choices, corporate governance, and non-family stakeholder orientation) play a mediating role in the SEW performance link? Second, how do specific five SEW dimensions
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Event-sampling method with experimental design: A promising method for investigating microfoundational phenomena within family businesses J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-12-09 Giorgia Maria D’Allura, Andrew H. Woolum, Trevor A. Foulk, Amir Erez, Daniel Pittino
Over the past decades the field of family business has witnessed a surge in publications and experienced meaningful changes that have served to increase its legitimacy and establish the field as an independent area of academic inquiry. Along with these advancements, scholars have called for experimental research designs that can reveal the influence of individual-level, microfoundational phenomena
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The influence of familiness on decision-making quality in top management teams: The role of emotional dissonance and perceived team support J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-11-18 Laura Hoekx, Frank Lambrechts, Pieter Vandekerkhof, Wim Voordeckers, Hermann Frank
This article studies the relationship between familiness, approached from a new systems theory perspective, and decision-making quality in family firm top management teams. We focus on two potential explanations of this relationship by examining the mediating role of emotional dissonance and perceived team support. A hand-collected multiple-respondent dataset of 212 top managers from 45 Belgian family
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Graduating college students apply here: Communicating family firm ownership and firm size J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-11-05 Orlando Llanos-Contreras, Manuel Alonso-Dos-Santos, Dianne H.B. Welsh
Attracting business college graduates is a major challenge for the growth and transgenerational success of family firms. Moreover, the institutional context of countries is critical in explaining family firms’ potential advantages and/or disadvantages in attracting nonfamily talent. This study aims to elucidate how communicating firm ownership (family vs. nonfamily), firm size (large vs. small), and
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Are family owners and managers good stewards in global crises? Evidence from stock market reactions to Covid-19 J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-10-20 Joern Block, Lennart Ulrich
The Covid-19 pandemic as a truly global crisis has shown the importance of firm resilience in times of crisis. Yet, so far, we lack an understanding of the role of firm ownership and management in building this resilience. Based on stewardship theory, we posit that family management and ownership help firms to navigate through a global crisis. To test our predictions, we analyze how Covid-related negative
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Contradiction and disaggregation for family firm research J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-10-17 Isabelle Le Breton-Miller, Danny Miller
We suggest how research into family firms can be advanced via an approach of contradiction and disaggregation – two complementary processes. The former questions, generally via direct contradiction, popular theories and normative postures. The latter employs methods to disaggregate samples, causal relations, and constructs to detect or reconcile contradictory findings and avoid excessive generalization
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Why are non-family employees intrapreneurially active in family firms? A multiple case study J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-10-01 Philipp Köhn, Philipp Julian Ruf, Petra Moog
This study sheds light on the intrapreneurial motivation of non-family employees in family firms. Although family involvement is known to enhance workforce motivation to contribute innovative ideas toward the firm’s improvement, what motivates non-family employees in family firms and the role the enterprising family plays therein remain underexplored. Therefore, we conduct a multiple case study using
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The enterpriseness of business families: Conceptualization, scale development and validation J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-09-29 Hermann Frank, Alexander Kessler, Susanne Beck, Julia Suess-Reyes, Elena Fuetsch
This article addresses the business family, which so far has received only limited scholarly attention. The business family as the group of family members regularly discussing and deciding business matters is key for the functioning of both the business and the family. Specifically, we propose and empirically test the concept of the enterpriseness of business families, which is the ability to handle
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The impact of family commitment on firm innovativeness: The mediating role of resource stocks J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-09-29 Chelsea Sherlock, Clay Dibrell, Esra Memili
A variety of work has explored the firm level influences impacting innovativeness in family firms, yet little emphasis has been placed on the effect of the business family on family firm innovativeness. Drawing on the resource-based view and family commitment literatures, this analysis answers recent calls to consider the simultaneous influence the family system and the business system have on entrepreneurial
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One finding is no finding: Toward a replication culture in family business research J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-09-28 Jasper Brinkerink, Alfredo De Massis, Franz Kellermanns
Our goal is to foster the development of a healthy replication culture in family business research. Replication, which advances theory by confronting existing understanding with new evidence, is of paramount importance in creating a meaningful cumulative knowledge base. In the family business field, however, as in many other fields within the broader management literature, dedicated replications are
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Why is diversification not dead? Evidence from family business groups during economic reforms in India J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-08-20 Apalak Khatua
Extant literature suggests that family firms, due to their desire to retain family control, have a lower propensity to diversify than non-family firms. Contrarily, family business groups (FBGs), especially Asian FBGs, are widely diversified. It was anticipated that FBGs would become more focused during reforms in developing economies. However, these FBGs did not only maintain their diversified portfolio
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Family firms and the labor productivity controversy: A distributional analysis of varying labor productivity gaps J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-08-18 Sarah Creemers, Ludo Peeters, Juan Luis Quiroz Castillo, Mark Vancauteren, Wim Voordeckers
The question of whether family firms have a higher or lower labor productivity than nonfamily firms has led to a stream of inconsistent evidence. We address this polarized debate by arguing that the idiosyncratic workforce characteristics combined with the dual (socioemotional versus financial) wealth concerns of family firms may differ across the labor productivity distribution, which has a varying
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Exploring different configurations of entrepreneurial orientation in small artisan family firms: A multi-case study J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-08-18 Cinzia Dessì, Angela Dettori, Michela Floris
Studies analyzing the entrepreneurial orientation of family businesses compared to their nonfamily counterparts have contributed to spreading the myth that family firms are less entrepreneurially oriented. However, the distinctive aspects characterizing the entrepreneurial orientation of family firms have received less scholarly attention. Aiming to advance this literature stream, this study postulates
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Women’s entrepreneurial stewardship: The contribution of women to family business continuity in rural areas of Honduras J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-08-13 Allan Discua Cruz, Eleanor Hamilton, Giovanna Campopiano, Sarah L. Jack
This paper examines the role of women in family business. Prior studies suggest that in Latin America the contribution of women in family business remains largely hidden, often relegated to a supportive role. Drawing on an entrepreneurial stewardship perspective, this study challenges that perception, paying close attention to the contribution of women to family business continuity. This study relies
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Identity leadership in family businesses: The important role of nonfamily leaders J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-08-13 Pauline S. Boberg, Jana Bövers, Kai C. Bormann, Christina Hoon
Nonfamily employees’ identification with the family firm is of importance as higher levels of identification are related to organizationally desired outcomes. However, nonfamily employees may display lower levels of identification when they perceive greater distance to the business and to the family or become demotivated by preferential treatment of family members. In this study, factors related to
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The role of trust in family business stakeholder relationships: A systematic literature review J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-08-13 Marie Deferne, Alexandra Bertschi-Michel, Julia de Groote
An increasing number of studies emphasize the importance of trust between family businesses and their stakeholders. Surprisingly, family business research still lacks a comprehensive understanding of the role of trust in stakeholder relationships; whereas another field—that of organizational behavior—has examined trust-building in depth. Thus, in order to identify specific research gaps and to determine
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The family innovator’s dilemma revisited: Examining the association between family influence and incumbents’ adoption of discontinuous technologies J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-08-13 Justin Szewczyk, Christopher Kurzhals, Lorenz Graf-Vlachy, Nadine Kammerlander, Andreas König
We use data on U.S. retailers’ responses to the advent of electronic commerce to empirically examine central elements of König, Kammerlander, and Enders’ (KKE 2013) framework on how family influence affects firms’ adoption of discontinuous technologies. We operationalize family influence using: (1) a manifest dichotomous measure of (non-)family firms; (2) a manifest multi-item measure of the “four
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Innovation and internationalisation during times of economic growth, crisis, and recovery prior to Covid-19: A configurational approach comparing Spanish manufacturing family and non-family firms J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-08-13 José Francisco Tragant Espeche, María Sacristán-Navarro, José Ángel Zúñiga-Vicente, Nuno Fernandes Crespo
Based primarily on the Resource-Based View and prior evidence, this study gauges the potential differences in innovative behaviour between international family firms and non-family firms when conditions change drastically in the business environment (i.e. from a situation of economic growth to one of downturn, and then to recovery). The research setting is a large sample of Spanish manufacturing firms
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Theoretical and empirical differences between the interlocked boards of family and non-family firms J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-08-11 Rosa Caiazza, Phillip H. Phan, Michele Simoni
Class hegemony and resource dependence are the traditional perspectives used to explain interlocking directorate formation in publicly listed corporations. A subset of these corporations, family firms, are different because their governance involves non-economic interests. There are few empirical validations of these perspectives for family firms. Through a 16 semi-annual period longitudinal comparison
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A safe haven in times of crisis: The appeal of family companies as employers amid the COVID-19 pandemic J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-08-03 Philipp Jaufenthaler
Family firms often struggle to recruit skilled non-family employees. Applying a mixed-method strategy, this article investigates the changing perception of family firms as attractive employers in the context of the COVID-19 pandemic. Experimental results indicate that family firms benefit from a greater popularity amid crises owing to perceptions that they offer greater job security and compensation
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The relationship between family management and performance: A configurational approach in exploring the role of socioemotional wealth and generational stage J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-07-26 Vasiliki Kosmidou, Daniel T. Holt
We examine how socioemotional wealth (SEW) influences the relationship between family management and firm performance, constructively replicating and extending Sciascia, Mazzola, and Kellermanns (2014). We apply fuzzy-set qualitative comparative analysis on a sample of 277 privately-owned US family firms and measure SEW both directly and via unidimensional proxies. In agreement with the authors’ findings
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Exploring the future of family enterprise research through a social science lens J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-06-09 Justin B. Craig, Scott L. Newbert
While evidence that contradicts a discipline’s hard core assumptions is essential to scientific progress, its accumulation is made difficult by the protective nature of the middle range theories that protect it. For this reason, progress tends to be most common in response to external shocks that expose the limitations of traditional ways of thinking. Given the impact COVID-19 has had on our collective
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Editor’s note J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-06-09 Torsten M. Pieper
Abstract not available
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Human resources and mutual gains in family firms: New developments and possibilities on the horizon J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-06-03 Frank Lambrechts, Luca Gnan
Human resources are paramount to family firms and to families in business because they are essential for achieving human flourishing and building family businesses that last for generations. Despite the increasing focus on HR in recent years, our understanding of the drivers, processes, and outcomes of family firm HR practices is still in its infancy. As a result, the development of useful theory has
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In family firms we trust – Experimental evidence on the credibility of sustainability reporting: A replication study with extension J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-06-02 Adrian Stutz, Sabrina Schell, Andreas Hack
This study takes a fresh look at the credibility of corporate communication in family firms, as compared to corporate communication in non-family firms, in voluntary sustainability reporting. In his pioneering work Hsueh (2018) discovered that family firms suffer from a credibility disadvantage in terms of their sustainability reporting efforts, from the point of view of external stakeholders. This
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Validating the FIBER scale to measure family firm heterogeneity – A replication study with extensions J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-03-30 Maike Gerken, Marcel Hülsbeck, Thomas Ostermann, Andreas Hack
The number of studies referencing socioemotional wealth (SEW) stands in stark contrast to the number of papers actually employing direct and multidimensional measures of SEW. Despite the FIBER scale reaching its tenth anniversary, and despite a preliminary validation by Hauck et al. (2016), the direct measurement of SEW has nevertheless been met with remarkable conservatism. This is counterintuitive
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Special issue on: Professionalizing the family business and business-owning family: Challenging our beliefs and moving theneedle J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-03-01 Claudia Binz Astrachan,Matthias Waldkirch,Kimberly A. Eddleston,Michael A. Hitt,Shaker Zahra
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Family firm succession through the lens of technology intelligence J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-02-14 Moren Lévesque, Annapoornima M. Subramanian
Succession is often a critical event in the lifecycle of any organization. Consequently, an extensive body of literature explores family firm succession, and includes studies on integrated succession frameworks. Notwithstanding the large, illuminating body of literature, we believe that family firm succession is worth a fresh reexamination and consolidation to translate the findings into a powerful
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Successful family firm succession: Transferring external social capital to a shared-leadership team of siblings J. Fam. Bus. Strategy (IF 6.114) Pub Date : 2022-02-11 Luis Cisneros, Bérangère Deschamps, Gabriel M. Chirita, Sébastien Geindre
Studies on succession in family business have recognized the importance of the transfer of social capital to ensure a firm’s continuity and growth. However, although previous research has focused on succession as a one-to-one phenomenon, more and more successions in the real world are collective successions. Therefore, this study focuses on the transfer of external social capital (ESC) from a predecessor