Journal of Family Business Strategy最新文献

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Unveiling environmental, social, and governance dynamics in family firms 揭示家族企业的环境、社会和治理动态
IF 9.5 1区 管理学
Journal of Family Business Strategy Pub Date : 2024-09-01 DOI: 10.1016/j.jfbs.2024.100608
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引用次数: 0
Creating and sustaining mutualistic well-being: Toward a theory of family and business symbiosis 创造和维持互惠互利的福祉:构建家庭与企业共生理论
IF 9.5 1区 管理学
Journal of Family Business Strategy Pub Date : 2024-08-16 DOI: 10.1016/j.jfbs.2024.100636
{"title":"Creating and sustaining mutualistic well-being: Toward a theory of family and business symbiosis","authors":"","doi":"10.1016/j.jfbs.2024.100636","DOIUrl":"10.1016/j.jfbs.2024.100636","url":null,"abstract":"<div><p>This paper addresses a question that is fundamental to the domain of family business research yet still inadequately addressed by the field’s predominant theories: Why are some family business systems able to create and sustain the simultaneous health of both the business and the family over generations, whereas many others experience an erosion in the well-being of one sphere relative to the other? Invoking analogical theorizing, we demonstrate the fruitfulness of applying key concepts from biological research on symbiotic relationships between organisms of different species. More specifically, we suggest that the area’s distinction between mutualism, commensalism, and parasitism provides a useful vocabulary for conceptualizing the heterogeneity evident amongst family business systems. By delineating factors that are likely to influence the nature and strength of a family business system’s symbiotic relationship, we hope that our conceptual framework helps guide future research on why, when, and how the interdependence between family and business can range—and sometimes shift—along a continuum from strong mutualism to strong parasitism.</p></div>","PeriodicalId":47661,"journal":{"name":"Journal of Family Business Strategy","volume":null,"pages":null},"PeriodicalIF":9.5,"publicationDate":"2024-08-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1877858524000317/pdfft?md5=6cd92cb30edde2cab4e98eeaa5344dd5&pid=1-s2.0-S1877858524000317-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141993150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Measuring family influence from the non-family employee perspective: The perceived family influence scale (PFIS) 从非家庭雇员的角度衡量家庭影响:感知家庭影响量表(PFIS)
IF 9.5 1区 管理学
Journal of Family Business Strategy Pub Date : 2024-07-30 DOI: 10.1016/j.jfbs.2024.100635
{"title":"Measuring family influence from the non-family employee perspective: The perceived family influence scale (PFIS)","authors":"","doi":"10.1016/j.jfbs.2024.100635","DOIUrl":"10.1016/j.jfbs.2024.100635","url":null,"abstract":"<div><p>To further our understanding of family influence in family businesses, this study introduces the Perceived Family Influence Scale (PFIS). Departing from existing owner-centric methodologies, the PFIS uses social constructivism theory to capture family influence from the perspective of non-family employees, a frequently neglected but integral stakeholder group within the family firm ecosystem. Following a rigorous multistep development process involving 600 non-family employees, we validate the PFIS and identify three core sub-dimensions of perceived family influence: culture, organizational decision-making, and image. We also demonstrate the practical applicability of the PFIS by examining the link between perceived family influence and non-family employee job satisfaction. Grounded in social constructivism, the PFIS is a reliable instrument that allows for the collection of more unbiased and holistic data on family influence, thereby refining our understanding of family firms and advancing the family business research field.</p></div>","PeriodicalId":47661,"journal":{"name":"Journal of Family Business Strategy","volume":null,"pages":null},"PeriodicalIF":9.5,"publicationDate":"2024-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1877858524000305/pdfft?md5=8a0a9c8879adee568b65f839683aac96&pid=1-s2.0-S1877858524000305-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141948054","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Legacy: The meaning of lasting impact for family, business, and beyond 遗产:对家庭、企业和其他方面产生持久影响的意义
IF 9.5 1区 管理学
Journal of Family Business Strategy Pub Date : 2024-06-29 DOI: 10.1016/j.jfbs.2024.100633
Matthew Fox , Kimberly A. Wade-Benzoni , Jeffrey G. Covin
{"title":"Legacy: The meaning of lasting impact for family, business, and beyond","authors":"Matthew Fox ,&nbsp;Kimberly A. Wade-Benzoni ,&nbsp;Jeffrey G. Covin","doi":"10.1016/j.jfbs.2024.100633","DOIUrl":"https://doi.org/10.1016/j.jfbs.2024.100633","url":null,"abstract":"<div><p>The concept of legacy exists at the core of family business research, yet as a construct, the nature of what legacy is and why and how legacy matters across generations has been poorly understood (Hammond, Pearson, &amp; Holt, 2016). This lack of conceptual clarity has limited legacy research in the domain of family business. In this article, we provide a comprehensive definition of legacy that can be used to draw connections across existing legacy research and open new avenues of inquiry critical to understanding both family firms and legacy itself.</p></div>","PeriodicalId":47661,"journal":{"name":"Journal of Family Business Strategy","volume":null,"pages":null},"PeriodicalIF":9.5,"publicationDate":"2024-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141481404","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Family firm employment behavior during a financial crisis: Does generational stage matter? 金融危机期间家族企业的就业行为:代际阶段重要吗?
IF 9.5 1区 管理学
Journal of Family Business Strategy Pub Date : 2024-06-28 DOI: 10.1016/j.jfbs.2024.100624
Noora Heino , Naufal Alimov , Pasi Tuominen
{"title":"Family firm employment behavior during a financial crisis: Does generational stage matter?","authors":"Noora Heino ,&nbsp;Naufal Alimov ,&nbsp;Pasi Tuominen","doi":"10.1016/j.jfbs.2024.100624","DOIUrl":"https://doi.org/10.1016/j.jfbs.2024.100624","url":null,"abstract":"<div><p>Family firms are claimed to be long-term oriented and aim at preserving their non-financial business family objectives, which is also reflected in their employment behavior. While family firms’ behavioral and strategic responses to declining performance have received some academic attention, studies acknowledging family firm generational stage are rarer. In this article, we assess the “employment smoothing” hypothesis, according to which both first- and later-generation family firms restrain from laying off their employees despite financial pressure. We use statistical data from over 4000 Finnish companies to examine the differences in employment behavior between family and non-family SMEs and address the family firm’s generational stage. By differentiating between various phases of the financial crisis that peaked during 2008–2009, we explore several dimensions of employment variability, such as changes in the number of employees, within-firm time variation, and standard deviation in employment to test our hypothesis. We find that first-generation family firms are agile—they introduce changes swiftly by cutting their personnel at the start of financial pressure and restrain from doing so during later years. On the other hand, later-generation family businesses are more stable in their employment behavior than first-generation family businesses and non-family businesses—they introduce employment changes only after their profitability has remained at a lower level for a prolonged period following the start of the crisis.</p></div>","PeriodicalId":47661,"journal":{"name":"Journal of Family Business Strategy","volume":null,"pages":null},"PeriodicalIF":9.5,"publicationDate":"2024-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1877858524000196/pdfft?md5=206095559b4f0670ce8c118b1dde1fe6&pid=1-s2.0-S1877858524000196-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141481405","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
CEO risk preferences in family firms: Combining socioemotional wealth and gender identity perspectives 家族企业首席执行官的风险偏好:社会情感财富与性别认同视角的结合
IF 7.2 1区 管理学
Journal of Family Business Strategy Pub Date : 2024-06-01 DOI: 10.1016/j.jfbs.2023.100553
Fabio Zona, Caterina Pesci, Marco Zamarian
{"title":"CEO risk preferences in family firms: Combining socioemotional wealth and gender identity perspectives","authors":"Fabio Zona,&nbsp;Caterina Pesci,&nbsp;Marco Zamarian","doi":"10.1016/j.jfbs.2023.100553","DOIUrl":"10.1016/j.jfbs.2023.100553","url":null,"abstract":"<div><p>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. An empirical test of Italian firms provides support for the hypothesized effects. For firms above social aspirations, women family CEOs take more risk as performance declines than their men family counterparts; this gap in risk preferences attenuates for men/women nonfamily CEOs. For firms below social aspirations, these effects are reversed. This study contributes to research on gender identity and risk-taking in family firms by showing that women and men do not always behave according to gender stereotypes. Rather, due to malleability of gender identity, they enact differing risk behaviors across contexts. In addition, it advances SEW theory by unpacking the effects of distinct SEW dimensions on firm risk by gender identity.</p></div>","PeriodicalId":47661,"journal":{"name":"Journal of Family Business Strategy","volume":null,"pages":null},"PeriodicalIF":7.2,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80694601","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Advancing diversity research in family business 推进家族企业多样性研究
IF 7.2 1区 管理学
Journal of Family Business Strategy Pub Date : 2024-06-01 DOI: 10.1016/j.jfbs.2024.100607
Mariasole Bannò , Giorgia M. D’Allura , Alexandra Dawson , Mariateresa Torchia , David Audretsch
{"title":"Advancing diversity research in family business","authors":"Mariasole Bannò ,&nbsp;Giorgia M. D’Allura ,&nbsp;Alexandra Dawson ,&nbsp;Mariateresa Torchia ,&nbsp;David Audretsch","doi":"10.1016/j.jfbs.2024.100607","DOIUrl":"10.1016/j.jfbs.2024.100607","url":null,"abstract":"<div><p>The purpose of this special issue is to advance the ongoing dialogue on gender diversity in family businesses and, more generally, encourage further research on individual distinctions to foster an inclusive milieu leading to greater equity, innovation, and organizational resilience. The studies in this special issue exemplify various aspects of gender diversity in family business, offering innovative perspectives to examine gender roles and representation within family businesses. Building on these articles, we offer a perspective that combines feminist theories with a social identity theory approach, going beyond the Business Case for gender equality and incorporating an emphasis on gender and power dynamics and identities. We conclude by proposing several future research directions to advance gender diversity studies in family business context.</p></div>","PeriodicalId":47661,"journal":{"name":"Journal of Family Business Strategy","volume":null,"pages":null},"PeriodicalIF":7.2,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1877858524000020/pdfft?md5=6f4e31e79a20a4ed8d20f459fc8df822&pid=1-s2.0-S1877858524000020-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140086250","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Through her eyes: How daughter successors perceive their fathers in shaping their entrepreneurial identity 通过她的眼睛女儿接班人如何看待父亲对其创业身份的塑造
IF 7.2 1区 管理学
Journal of Family Business Strategy Pub Date : 2024-06-01 DOI: 10.1016/j.jfbs.2023.100562
Annalisa Sentuti , Francesca Maria Cesaroni , Paola Demartini
{"title":"Through her eyes: How daughter successors perceive their fathers in shaping their entrepreneurial identity","authors":"Annalisa Sentuti ,&nbsp;Francesca Maria Cesaroni ,&nbsp;Paola Demartini","doi":"10.1016/j.jfbs.2023.100562","DOIUrl":"10.1016/j.jfbs.2023.100562","url":null,"abstract":"<div><p>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 ways, concerning both why daughters become family business successors and how their entrepreneurial identities are shaped. To examine this variety of experiences, this study proposes a typology of four processes through which daughters’ entrepreneurial identities were formed (submission, self-empowerment, enhancement, and idealisation) and how they perceive their fathers’ role (commander, patriarch, mentor, and myth) in influencing these processes. This study contributes to the family business and entrepreneurial identity fields of research by showing that daughters’ perceptions of the role they ascribe to their fathers can be powerful mental representations that exert a great influence on their entrepreneurial identity.</p></div>","PeriodicalId":47661,"journal":{"name":"Journal of Family Business Strategy","volume":null,"pages":null},"PeriodicalIF":7.2,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1877858523000116/pdfft?md5=07a7bb7039be7444ef84cc5b04cbd2d7&pid=1-s2.0-S1877858523000116-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90710536","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Trapped in a “golden cage”! The legitimation of women leadership in family business 被困 "金笼"!女性领导力在家族企业中的合法化
IF 7.2 1区 管理学
Journal of Family Business Strategy Pub Date : 2024-06-01 DOI: 10.1016/j.jfbs.2023.100569
Andrea Calabrò, Elisa Conti, Stefania Masè
{"title":"Trapped in a “golden cage”! The legitimation of women leadership in family business","authors":"Andrea Calabrò,&nbsp;Elisa Conti,&nbsp;Stefania Masè","doi":"10.1016/j.jfbs.2023.100569","DOIUrl":"10.1016/j.jfbs.2023.100569","url":null,"abstract":"<div><p>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 of family firms to untap the legitimation of women’s leadership. We propose a framework that explores the types of judgments (instrumental, relational, and moral) underpinning such a process. Our findings suggest that multiple role empowerment of women and exposure of daughters to family businesses increase legitimacy, whereas hiding family identities and role conflicts hinder it. The role carry-over that mothers have as chief emotional officers and an organizational context promoting gender equality indirectly contribute to the legitimation of women as leaders.</p></div>","PeriodicalId":47661,"journal":{"name":"Journal of Family Business Strategy","volume":null,"pages":null},"PeriodicalIF":7.2,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91315837","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Board diversity in family firms across cultures: A contingency analysis on the effects of gender and tenure diversity on firm performance 不同文化背景下家族企业董事会的多样性:性别和任期多样性对公司业绩影响的权变分析
IF 7.2 1区 管理学
Journal of Family Business Strategy Pub Date : 2024-06-01 DOI: 10.1016/j.jfbs.2023.100554
Martin Tao-Schuchardt, Nadine Kammerlander
{"title":"Board diversity in family firms across cultures: A contingency analysis on the effects of gender and tenure diversity on firm performance","authors":"Martin Tao-Schuchardt,&nbsp;Nadine Kammerlander","doi":"10.1016/j.jfbs.2023.100554","DOIUrl":"10.1016/j.jfbs.2023.100554","url":null,"abstract":"<div><p>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 and gender board diversity translate into superior or inferior financial performance in family and non-family firms. Our analyses of 4192 firm-year observations of publicly listed European firms support most of our hypotheses. Our results show that the positive direct financial performance effects of tenure diversity are weakened in family firms, suggesting that the larger differences in values, goals, experiences, and power among family and non-family board members may suppress the benefits of cognitive variety. Furthermore, our results support that the degree of masculinity is an important factor moderating the diversity-family firm-financial firm performance relationship for gender and tenure diversity. We thereby advance diversity research in family firms to explain under what conditions positive or negative diversity effects prevail by introducing national culture as a novel contingency factor that may help to reconcile prior conflicting findings.</p></div>","PeriodicalId":47661,"journal":{"name":"Journal of Family Business Strategy","volume":null,"pages":null},"PeriodicalIF":7.2,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82356969","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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