Rural and Urban Family Business Portfolio Growth: The Role of Entrepreneurial Legacy

IF 9.9 1区 管理学 Q1 BUSINESS
Philipp Sieger, Naveed Akhter, Francesco Chirico
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引用次数: 0

Abstract

Applying an inductive case study approach, we analyze four Pakistani family business portfolios and reveal that rural-based family business portfolios tend to grow internally (organically) and through related diversification. In contrast, urban-based portfolios rather grow externally through acquisitions and partnerships and pursue unrelated diversification. The family’s entrepreneurial legacy and how it is transferred to members of the next generation through grooming and imprinting in rural versus urban contexts emerge as a key underlying mechanism.
城乡家族企业投资组合增长:创业遗产的作用
采用归纳案例研究方法,我们分析了四个巴基斯坦家族企业组合,发现以农村为基础的家族企业组合倾向于内部(有机)增长,并通过相关的多元化发展。相比之下,以城市为基础的投资组合通过收购和伙伴关系向外部增长,并追求不相关的多样化。家族的创业遗产以及如何在农村和城市背景下通过培养和烙印传递给下一代成员,成为一个关键的潜在机制。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
12.40
自引率
13.60%
发文量
13
期刊介绍: Family Business Review (FBR) has been a refereed journal since 1988, serving as the premier scholarly publication dedicated to the study of family-controlled enterprises. It delves into the dynamics of these businesses, encompassing a range of sizes from small to very large. FBR concentrates not only on the entrepreneurial founding generation but also on family enterprises in subsequent generations, including some of the world's oldest companies. The journal also publishes interdisciplinary research covering families of wealth, family foundations, and offices.
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