A Typology of Family Firms: An Investigation of Entrepreneurial Orientation and Performance

IF 9.9 1区管理学 Q1 BUSINESS

Family Business Review Pub Date : 2019-03-29 DOI:10.1177/0894486519838120

L. Stanley, Remedios Hernández-Linares, M. López-Fernández, F. Kellermanns

引用次数: 57

Abstract

Drawing on family firm heterogeneity research, we develop a typology of family firms using differences in family influence and firm life cycle. We offer hypotheses regarding the relationships between the different firm types and two important outcomes: Entrepreneurial orientation (EO) and performance. Applying latent profile analysis to a sample of 684 Spanish and Portuguese family firms using variables related to family influence (i.e., ownership, family CEO) and firm life cycle (i.e., generational management, size, and presence of board of directors), we find four family firm types, which differentially affect EO and performance. Implications of our findings for EO, family firm performance, and the development of family firm typologies are discussed.

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家族企业的类型学：创业取向与绩效研究

在家族企业异质性研究的基础上，我们利用家族影响力和企业生命周期的差异，建立了家族企业的类型。我们提供了关于不同企业类型和两个重要结果之间关系的假设：创业导向（EO）和绩效。利用与家族影响力（即所有权、家族CEO）和公司生命周期（即代际管理、规模和董事会成员）相关的变量，对684家西班牙和葡萄牙家族企业的样本进行潜在概况分析，我们发现四种家族企业类型对EO和绩效有不同的影响。讨论了我们的研究结果对EO、家族企业绩效和家族企业类型学发展的影响。

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

Family Business Review BUSINESS-

CiteScore

12.40

自引率

13.60%

发文量

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.