家族企业在危机情况下的第一次周转反应

IF 9.5 1区管理学 Q1 BUSINESS

Journal of Family Business Strategy Pub Date : 2022-03-01 DOI:10.1016/j.jfbs.2021.100434

Giacomo Laffranchini , John Hadjimarcou , Si Hyun Kim

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引用次数: 6

摘要

基于社会情感财富(SEW)文献的最新进展和分岔偏差的概念，我们探讨了家族企业对财务业绩下降的第一次转变反应。我们认为，家族企业在家族所有权和家族参与管理水平方面的异质性改变了他们对经济危机形势的反应。我们还认为，危机局势的严重性会显著缓和这种关系。我们对家族企业危机情况样本的多层次分析支持了我们的假设。

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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The first turnaround response of family firms in a crisis situation

Building on recent advances in the socioemotional wealth (SEW) literature and the concept of bifurcation bias, we explore the first turnaround response of family firms to a decline in financial performance. We argue that heterogeneity among family firms in terms of their levels of family ownership and family involvement in management alters their response to an economic crisis situation. We also contend that severity of a crisis situation significantly moderates the relationships. Our multi-level analysis of a sample of crisis situations pertaining to family firms supports our hypotheses.

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来源期刊

Journal of Family Business Strategy Multiple-

CiteScore

11.40

自引率

19.40%

发文量

期刊介绍： The Journal of Family Business Strategy takes an international perspective, providing a platform for research that advances our understanding of family businesses. Welcoming submissions across various dimensions, the journal explores the intricate interplay between family dynamics and business operations, contributing new insights to this specialized field.