{"title":"Cultural dimensions as correlates of favoritism and the mediating role of trust","authors":"H. Im, Chuansheng Chen","doi":"10.31234/osf.io/gmksr","DOIUrl":"https://doi.org/10.31234/osf.io/gmksr","url":null,"abstract":"PurposeThis study sought to examine the relation of cultural practices and values with favoritism and nepotism/cronyism. Additionally, this study's purpose was also to examine how trust mediates the relation between culture and favoritism.Design/methodology/approachCorrelations were used for exploratory investigation into the bivariate relations between culture and favoritism and nepotism/cronyism across 97 cultures. Hierarchical linear regression analyses were then conducted to examine the cultural correlates of favoritism and nepotism/cronyism holding all other variables constant. Lastly, partial least squares structural equation modeling was used to examine the mediating role of societal levels of trust.FindingsBivariate correlations showed that collectivism, familism, uncertainty avoidance, and power distance are positive correlates of both favoritism and nepotism/cronyism. Institutional collectivism, future orientation and trust, on the other hand, were negative correlates of favoritism and nepotism/cronyism. Uncertainty avoidance and trust were key correlates of favoritism while familism and future orientation were key correlates of nepotism/cronyism. Trust fully mediated the relation between culture and favoritism but did not mediate the relation between culture and nepotism/cronyism.Originality/valueThis study adds to the current body of literature on culture and favoritism. Notably, the findings regarding different key cultural correlates with respect to favoritism and nepotism/cronyism provide valuable implications for expanding our understanding of the psychological and social nuances of favoritism. Specifically, favoritism in transactions and interactions with those not bound by social commitment relationships may be explained by beliefs while interactions with those with social relationships (e.g., family and friends) may be explained by preferences.","PeriodicalId":51820,"journal":{"name":"Cross Cultural & Strategic Management","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2019-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47529173","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Regional stickiness of novel ideas in the scholarly international business community","authors":"Richard F.J. Haans, A. Witteloostuijn","doi":"10.1108/CCSM-07-2018-0102","DOIUrl":"https://doi.org/10.1108/CCSM-07-2018-0102","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to investigate the geographic dissemination of work in International Business (IB) by investigating the extent to which research topics tend to see mostly local use – with authors from the same geographic region as the article identified by the topic model as the first article in JIBS building on the topic – vs global use – where topics are used by authors across the world.\u0000\u0000\u0000Design/methodology/approach\u0000Topic modeling is applied to all articles published in the Journal of International Business Studies between 1970 and 2015. The identified topics are traced from introduction until the end of the sampling period using negative binomial regression. These analyses are supplemented by comparing patterns over time.\u0000\u0000\u0000Findings\u0000The analyses show strong path dependency between the geographic origin of topics and their spread across the world. This suggests the existence of geographically narrow mental maps in the field, which the authors find have remained constant in North America, widened yet are still present in East Asia, and disappeared in Europe and other regions of the world over time. These results contribute to the study of globalization in the field of IB, and suggest that neither a true globalization nor North American hegemony has occurred in recent decades.\u0000\u0000\u0000Originality/value\u0000The application of topic modeling allows investigation of deeper cognitive structures and patterns underpinning the field, as compared to alternative methodologies.\u0000","PeriodicalId":51820,"journal":{"name":"Cross Cultural & Strategic Management","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2019-05-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/CCSM-07-2018-0102","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44145644","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Measuring shared cultural characteristics in Malaysia: scale development and validation","authors":"H. A. Bakar, Stacey L. Connaughton","doi":"10.1108/CCSM-09-2018-0137","DOIUrl":"https://doi.org/10.1108/CCSM-09-2018-0137","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to assess statistically the shared cultural values scale that incorporates Malaysia’s multi-ethnic cultural values.\u0000\u0000\u0000Design/methodology/approach\u0000This study involved three phase statistical testing. In the first phase, the authors evaluated the 152 items for the affiliation, community embeddedness, respecting elders, harmony, faith, brotherhood, morality, future orientation, conformity and survival cultural dimensions with a sample of 270 employees from three organizations. In the second phase, 355 employees from two organizations completed a survey test-retest reliability and a factor analysis consisting of community embeddedness, focus on respect, conformity and future orientation as a four-factors solution with 22 items. Confirmatory factor analysis based on data from 310 employees in two organizations verified that the four dimensions correlated with affective commitment.\u0000\u0000\u0000Findings\u0000The results suggest that shared cultural characteristics is a multidimensional construct and at the individual level makes a unique contribution in explaining employees’ affective commitment. Managers from multinational corporations operating in this emerging market will benefit from this new scale because they can use it to identify specific individual cultural characteristics within their organization and develop a strategy to target employees’ affective commitment.\u0000\u0000\u0000Originality/value\u0000The new shared cultural characteristics scale for Malaysia’s multi-ethnic society demonstrates adequate reliability, validity and across-organization generalizability for this specific cross-cultural communication setting.\u0000","PeriodicalId":51820,"journal":{"name":"Cross Cultural & Strategic Management","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2019-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/CCSM-09-2018-0137","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46213744","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Psychological adjustment and social capital: a qualitative investigation of Chinese expatriates","authors":"Bei-Jia He, Ran An, J. Berry","doi":"10.1108/CCSM-04-2018-0054","DOIUrl":"https://doi.org/10.1108/CCSM-04-2018-0054","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to explore the psychological adjustment process of expatriates from Chinese multinational enterprises, including how their social capital affects this process.\u0000\u0000\u0000Design/methodology/approach\u0000This qualitative investigation was based on semi-structured, in-depth interviews with 26 Chinese expatriates. The grounded theory method was applied to guide the data collection and analysis.\u0000\u0000\u0000Findings\u0000The psychological adjustment process of Chinese expatriates includes three periods: crisis, self-adjustment and self-growth period. In addition, bonding capital (including organizational, family and co-cultural colleagues’ support) is more conducive to Chinese expatriates’ psychological well-being than bridging capital (e.g. host-nationals’ support). Finally, a separation acculturation strategy is more conducive to psychological adjustment, rather than an integration strategy.\u0000\u0000\u0000Research limitations/implications\u0000This study focused on expatriates themselves. Future research should consider other stakeholders (e.g. organizations, family), and examine expatriate adjustment from new perspectives (e.g. strategic human resource management, work-family balance). This study had a small sample and focused on only one organization. Future research could usefully add other Chinese multinational corporations, and other Chinese expatriates to expand the generalizability of the current findings.\u0000\u0000\u0000Practical implications\u0000This study suggests the possible benefits of management practices for expatriates. Organizations can develop an “expatriate bubble” to help structure basic life overseas. Organizations could develop family-support programs and make them expatriate-supportive. Organizations should also strengthen the connections between expatriates and local colleagues.\u0000\u0000\u0000Originality/value\u0000Few scholars have elaborated on how different support groups (based on their cultural backgrounds) influence the psychological adjustment of expatriates. Until now, mainland Chinese expatriates have received little attention. In addition, this research takes a significant step forward by illuminating the psychological adjustment of Chinese expatriates from a social capital perspective.\u0000","PeriodicalId":51820,"journal":{"name":"Cross Cultural & Strategic Management","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2019-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/CCSM-04-2018-0054","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43785598","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Rachel Gabel-Shemueli, M. Westman, Shoshi Chen, Danae Bahamonde
{"title":"Does cultural intelligence increase work engagement? The role of idiocentrism-allocentrism and organizational culture in MNCs","authors":"Rachel Gabel-Shemueli, M. Westman, Shoshi Chen, Danae Bahamonde","doi":"10.1108/CCSM-10-2017-0126","DOIUrl":"https://doi.org/10.1108/CCSM-10-2017-0126","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to examine the effects of cultural intelligence (CQ), idiocentrism-allocentrism and organizational culture on work engagement in a multinational organization from the perspective of conservation of resources theory.\u0000\u0000\u0000Design/methodology/approach\u0000The sample consisted of 219 employees of a multinational company (MNC). Partial least squares–structural equation modeling was used to test the research model.\u0000\u0000\u0000Findings\u0000The results suggest that CQ is positively related to work engagement and that this relationship is moderated by employees’ idiocentrism-allocentrism, as well as by the adaptability dimension of organizational culture.\u0000\u0000\u0000Research limitations/implications\u0000Greater generalizability of the findings could be achieved with a more geographically dispersed sample. Other cultural dimensions, as well as personal and organizational characteristics, should be considered in order to more clearly ascertain the relationships between these variables.\u0000\u0000\u0000Practical implications\u0000The findings suggest that CQ is a powerful tool for developing employee engagement within MNCs. Furthermore, a highly adaptive organizational culture and consideration of employees’ cultural values are important in order to enhance the effect of CQ on engagement.\u0000\u0000\u0000Originality/value\u0000This study identifies relevant resources that can aid in managing a diverse workforce and increasing employee engagement in companies that operate across national borders.\u0000","PeriodicalId":51820,"journal":{"name":"Cross Cultural & Strategic Management","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2019-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/CCSM-10-2017-0126","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45508770","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Diego Quer, Laura Rienda, Rosario Andreu, Siran Miao
{"title":"Host country experience, institutional distance and location choice of Chinese MNEs","authors":"Diego Quer, Laura Rienda, Rosario Andreu, Siran Miao","doi":"10.1108/CCSM-02-2018-0028","DOIUrl":"https://doi.org/10.1108/CCSM-02-2018-0028","url":null,"abstract":"\u0000Purpose\u0000The conventional wisdom suggests that the lack of prior host country-specific experience and a higher institutional distance deter multinational enterprises (MNEs) from entering a foreign country. However, past studies report that Chinese MNEs show an unconventional risk-taking behavior choosing foreign locations, where they have no prior experience or there is an increased institutional distance. Drawing on the institutional theory, the purpose of this paper is to argue that Chinese Government official visits to the host country may act as a risk-reduction device, thus providing an explanation for such an unconventional behavior.\u0000\u0000\u0000Design/methodology/approach\u0000The authors develop two hypotheses regarding how Chinese Government official visits moderate the impact of host country-specific experience and institutional distance on the location choice of Chinese MNEs. The authors test the hypotheses using a sample of investment location decisions by Chinese MNEs in Latin America.\u0000\u0000\u0000Findings\u0000The authors find that government official visits mitigate the lack of firm’s prior host country experience. However, only high-level government visits reduce institutional distance.\u0000\u0000\u0000Originality/value\u0000The authors contribute to the international business literature by analyzing how home country government diplomatic activities may pave the way of host country institutional environment for foreign MNEs from that home country. In addition, the authors provide an additional explanation for the unconventional risk-taking behavior of Chinese MNEs. Finally, the authors also contribute to a better understanding of the decision-making process of emerging-market MNEs entering other emerging economies.\u0000","PeriodicalId":51820,"journal":{"name":"Cross Cultural & Strategic Management","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2019-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/CCSM-02-2018-0028","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41654126","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
M. Minkov, P. Dutt, Michael Schachner, Janar Jandosova, Yerlan Khassenbekov, Oswaldo Morales, V. Blagoev
{"title":"What would people do with their money if they were rich? A search for Hofstede dimensions across 52 countries","authors":"M. Minkov, P. Dutt, Michael Schachner, Janar Jandosova, Yerlan Khassenbekov, Oswaldo Morales, V. Blagoev","doi":"10.1108/CCSM-11-2018-0193","DOIUrl":"https://doi.org/10.1108/CCSM-11-2018-0193","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to test the replicability of Hofstede’s value-based dimensions – masculinity–femininity (MAS–FEM) and individualism–collectivism (IDV–COLL) – in the field of consumer behavior, and to compare cultural prioritizations with respect to disposable income budgets across the world.\u0000\u0000\u0000Design/methodology/approach\u0000The authors asked 51,529 probabilistically selected respondents in 52 countries (50 nationally representative consumer panels and community samples from another two countries) what they would do with their money if they were rich. The questionnaire items targeted Hofstede’s MAS–FEM and IDV–COLL as well as a wider range of options deemed sufficiently meaningful, ethical and moral across the world.\u0000\u0000\u0000Findings\u0000The authors obtained two main dimensions. The first contrasts self-enhancing and altruistic choices (status and power-seeking spending vs donating for healthcare) and is conceptually similar to MAS–FEM. However, it is statistically related to Hofstede’s fifth dimension, or monumentalism–flexibility (MON–FLX), not to MAS–FEM. The second dimension contrasts conservative-collectivist choices and modern-hedonistic concerns (donating for religion and sports vs preserving nature and travel abroad for pleasure) and is a variant of COLL–IDV.\u0000\u0000\u0000Research limitations/implications\u0000The authors left out various potential consumer choices as they were deemed culturally incomparable or unacceptable in some societies. Nevertheless, the findings paint a sufficiently rich image of worldwide value differences underpinning idealized consumer behavior prioritizations.\u0000\u0000\u0000Practical implications\u0000The study could be useful to international marketing and consumer behavior experts.\u0000\u0000\u0000Social implications\u0000The study contributes to the understanding of modern cultural differences across the world.\u0000\u0000\u0000Originality/value\u0000This is the first large cross-cultural study that reveals differences in values through a novel approach: prioritizations of consumer choices. It enriches the understanding of IDV–COLL and MON–FLX, and, in particular, of the value prioritizations of the East Asian nations. The study provides new evidence that Hofstede’s MAS–FEM is a peculiarity of his IBM database with no societal analogue. Some of the so-called MAS–FEM values are components of MON–FLX, which is statistically unrelated to Hofstede’s MAS–FEM.\u0000","PeriodicalId":51820,"journal":{"name":"Cross Cultural & Strategic Management","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2019-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/CCSM-11-2018-0193","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45835407","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Power distance in India","authors":"S. Mathew, G. Taylor","doi":"10.1108/CCSM-02-2018-0035","DOIUrl":"https://doi.org/10.1108/CCSM-02-2018-0035","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to explore how cultural differentiation can affect the successful transplantation of lean management and production techniques from the parent country to subsidiary countries in the developing world. In particular, the focus will be on car manufacture in India and the role of hierarchy in Indian society, with reflection on how this seeps into workplace and power relations.\u0000\u0000\u0000Design/methodology/approach\u0000Lean production techniques have been hailed as revolutionising modern manufacturing, particularly in the automotive sector. In developed world countries, car manufacturers have made significant gains in efficiency and productivity as a result of their implementation. However, as many of these multinational companies (MNCs) have expanded production into rapidly-developing nations to take advantage of both their market and low-labour costs, the introduction of lean production practices have met some resistance. This is because certain underpinning concepts and values of the lean system, such as team work, delegation of authority and upward communication can be considered incompatible with aspects of local culture and employees’ attitude towards work and their superiors. The analysis presented is based on a series of semi-structured interviews with managers and workers from an India-based subsidiary of a MNC car manufacturer and engagement with the existing literature.\u0000\u0000\u0000Findings\u0000It concludes that paternal relationships, religious values and group orientation in Indian society have a significant impact on the dynamics of the workplace and result in a brand of power distance that is specific to this national context, raising questions about the suitability of universal implementation of lean production practices.\u0000\u0000\u0000Originality/value\u0000“Power distance” has become a catch-all term for cultures with an orientation towards hierarchy and status in society. However, this categorisation masks some of the factors belying the phenomenon and intricacies relating to how it plays out in the workplace. It is simplistic to postulate that high power distance cultures might be incompatible with management approaches that decentralise authority and increase worker participation. Rather than rely on overgeneralisations, the analysis provided has attempted to deconstruct the composition of power distance in the Indian context and document systematically how features of Indian culture conflict with the principles of lean production techniques, using a case study from an Indian subsidiary of a MNC. In particular, the study finds that religion, caste and paternalism create an India-specific power distance that manifests itself in worker behaviour and workplace relationships.\u0000","PeriodicalId":51820,"journal":{"name":"Cross Cultural & Strategic Management","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2018-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/CCSM-02-2018-0035","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46847309","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Expatriates adjustment through transformation of social identity of Chinese expatriates working in Pakistan","authors":"Sadia Nadeem, Sana Mumtaz","doi":"10.1108/CCSM-08-2017-0095","DOIUrl":"https://doi.org/10.1108/CCSM-08-2017-0095","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to investigate the process of Chinese expatriates’ adjustment in Pakistan through integrating the U-curve model and social identity theory. It has also highlighted the importance of engaging in strong social ties and their contribution in expatriates’ adjustment.\u0000\u0000\u0000Design/methodology/approach\u0000Data were collected through semi-structured interviews from 30 Chinese expatriates working as directors, deputy directors, senior managers, managers and assistant managers in Chinese organizations in Pakistan. After verbatim transcription of all the interviews, data were analyzed using the NVivo software.\u0000\u0000\u0000Findings\u0000The findings of this paper indicate that expatriates’ identities somewhat changed in terms of their behaviors and work habits, while fewer changes were observed in their belief and value system. These changes were related to expatriates’ perceptions of host country groups, attraction to these groups and similarity in beliefs, which resulted in the development of interdependent beliefs and depersonalization. However, a few Chinese expatriates predominantly interacted among themselves at work, and their reduced socialization with Pakistanis lessened their chances of change.\u0000\u0000\u0000Research limitations/implications\u0000The results of the study suggest that expatriates’ adjustment is a multi-stage process and social identity change is one of the powerful mechanisms through which they adjust in the host country’s environment; hence host organizations should facilitate expatriates in strengthening their bond with local people.\u0000\u0000\u0000Originality/value\u0000This paper has proposed a model that explains the mechanism of Chinese expatriates’ adjustment in Pakistan through improved interactions between expatriates’ and host country nationals, resulting in minor social identity changes, leading to further positive relationship building, and then major social identity changes.\u0000","PeriodicalId":51820,"journal":{"name":"Cross Cultural & Strategic Management","volume":"1 1","pages":""},"PeriodicalIF":2.5,"publicationDate":"2018-10-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/CCSM-08-2017-0095","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42174308","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Family business, transgenerational succession and diversification strategy","authors":"Na Shen","doi":"10.1108/CCSM-06-2017-0074","DOIUrl":"https://doi.org/10.1108/CCSM-06-2017-0074","url":null,"abstract":"\u0000Purpose\u0000The purpose of this paper is to enhance the existing socioemotional wealth (SEW) theory. Particularly, the current research proposes a dynamic SEW model using insights from prospect theory. The application of the proposed dynamic SEW model leads to several propositions that will reveal the relationship amongst family business, transgenerational succession, business risks and diversification strategy.\u0000\u0000\u0000Design/methodology/approach\u0000This study is mainly a theoretical research. A dynamic SEW model is proposed in which the SEW is not static and can be increasing or decreasing. SEW is framed as a gain or loss under different scenarios, and the shift in reference point will change the framing or value of SEW.\u0000\u0000\u0000Findings\u0000The current research presents several interesting propositions based on the dynamic SEW model. Generally, family firms are less likely to diversify than non-family firms. However, when family firms face business risks, they are more likely to diversify than those that do not face business risks. Family firms with second generation involvement in management are more likely to diversify than those without second generation involvement. The dynamic SEW model can also be applied to analyse R&D and IPO underpricing for family firms.\u0000\u0000\u0000Originality/value\u0000This study builds a dynamic SEW model, which is totally new to the literature. The conceptual framework that reveals the relationships amongst family business, transgenerational succession, business risks and diversification strategy also contributes to the literature and has empirical implications to researchers, policy makers and family business owners.\u0000","PeriodicalId":51820,"journal":{"name":"Cross Cultural & Strategic Management","volume":" ","pages":""},"PeriodicalIF":2.5,"publicationDate":"2018-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/CCSM-06-2017-0074","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42556812","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}